West Park at a glance
- Population: about 15,109, 142nd by size in Florida of 411 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 15,131 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down about 0.1% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Florida places: 142nd out of 411 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 65% of Florida's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 25.9787, -80.1810.
- Nearest larger cities: Hallandale Beach, FL (3 mi); Aventura, FL (3 mi); North Miami Beach, FL (4 mi); Hollywood, FL (4 mi); Miami Gardens, FL (4 mi); US Census Bureau population estimates.
- Nearest smaller communities: Pembroke Park, FL (1 mi); Golden Beach, FL (4 mi); Biscayne Park, FL (7 mi), each a US Census place.
What a personal loan costs in West Park
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Florida lending rules that apply in West Park
The sourced rows below are the rules a licensed lender must follow when lending in Florida, and therefore in West Park.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Permitted under license (deferred presentment providers; money services business license under chapter 560) Source says: "Businesses intending to engage in deferred presentment transactions must be licensed as a money services business under chapter 560, Florida Statutes". | Florida Office of Financial Regulation as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer finance loan license required (chapter 516) Source says: "A person must not engage in the business of making consumer finance loans ... unless ... the person first obtains a license from the office". | Florida Legislature (The Florida Senate, Online Sunshine) as of 2026-09-16 |
| State lending regulator | Florida Office of Financial Regulation (OFR) Source says: "The Office of Financial Regulation is a state-government agency created by the Governor and Cabinet to provide regulatory oversight for Florida's financial services industry". | Florida Office of Financial Regulation as of 2026-09-16 |
| Deferred presentment fee cap | 10% of the amount provided (transactions not repayable in installments) Source says: "A deferred presentment provider or its affiliate may not charge fees that exceed 10 percent of the currency or payment instrument provided". | Florida Legislature (The Florida Senate, Online Sunshine) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 18% per annum simple interest (loans/advances of $500,000 or less; loans above $500,000 are exempt from this cap) Source says: "it shall be usury and unlawful ... to ... charge ... a rate of interest greater than the equivalent of 18 percent per annum simple interest". | Florida Legislature (The Florida Senate, Online Sunshine) as of 2026-09-16 |
How to compare offers in West Park
These steps are the ones that most affect the offer you receive in West Park:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Florida using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.