

Fast Online Payday Loan [ PEMBROKE PINES ]
Possible types of loans:
- $100, $200, $300, $400, $500, $600, $700, $800, $900, 1000 dollars are emergency payday loans in Pembroke Pines Florida USA, which are issued for a period of 1, 2, 3 or 4 weeks (until your next salaries).
- $1500, $2000, $2500, $3000, $3500, $4000, $4500, $5000 – Pembroke Pines, FL installment loans that can be taken out for terms of up to 2 years (most often 1, 6, 9, 12 or 3 months).
To get fast online cash advances (payday or personal loans, short-term loans, fast cash) with instant approval in Pembroke Pines, FL, USA, use our simple 5-minute application form! The money will be credited to your bank account within 24-48 hours (or faster) after approval.
Cash Advance Near Me :: Pembroke Pines Florida Direct Lenders (list of offline stores and agencies nearby)
Company | Address | Phone |
---|---|---|
Advance America | 8260 Pines Blvd, Pembroke Pines, FL 33024 | +1 954-433-8562 |
CHECK CASHING & LOANS | 8030 Pines Blvd, Pembroke Pines, FL 33024 | +1 954-368-2796 |
Amscot – The Money Superstore | 314 N University Dr, Pembroke Pines, FL 33024 | +1 954-378-7277 |
CFS of South Florida | 7980 Pines Blvd, Pembroke Pines, FL 33024 | +1 954-989-1818 |
SUN Credit Union | 701 Promenade Dr, Pembroke Pines, FL 33026 | +1 954-967-4441 |
Amscot – The Money Superstore | 15815 Pines Blvd, Pembroke Pines, FL 33027 | +1 954-378-7950 |
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About Payday Loans in Pembroke Pines Florida
Facing a financial emergency in Pembroke Pines? Payday loans (cash advances) and installment loans may seem like quick solutions, but they come with risks. This guide explains how these loans work in Florida, their costs, regulations, and safer alternatives to consider before borrowing.
1. Payday Loans (Cash Advances) in Pembroke Pines
What Is a Payday Loan?
A payday loan is a short-term, high-cost loan (usually $100-$1,000) designed to cover expenses until your next paycheck. Borrowers typically repay the loan in one lump sum (plus fees) within 14-30 days.
How Payday Loans Work in Florida
- Quick Approval: Most lenders require proof of income, a bank account, and a valid ID. Funds are often available same day or within 24 hours.
- High Fees: Florida allows payday lenders to charge up to 10% of the loan amount in fees (e.g., $50 fee on a $500 loan).
- Repayment: The full amount is automatically withdrawn from your bank account on the due date.
Florida Payday Loan Regulations
✔ Maximum Loan Amount: $500
✔ Loan Term: 7-31 days
✔ Finance Charge: Up to 10% of the loan (plus a $5 verification fee)
✔ Rollovers Allowed? No—Florida bans loan renewals to prevent debt traps.
Risks of Payday Loans
⚠ Extremely High APR: A $500 loan with a $50 fee for 14 days = 521% APR.
⚠ Bank Overdrafts: If you can’t repay, lenders may attempt withdrawals, causing overdraft fees.
⚠ Debt Cycle Risk: Some borrowers take out multiple loans from different lenders.
2. Installment Loans in Pembroke Pines
What Is an Installment Loan?
An installment loan provides a larger sum of money ($1,000-$5,000) repaid in fixed monthly payments over 3-24 months. Interest rates vary based on credit.
How Installment Loans Work in Florida
- Longer Repayment: Unlike payday loans, you pay over time.
- Credit Checks: Many lenders check credit, but some offer bad-credit loans at higher rates.
- APRs Vary: Can range from 30% to 200%+, depending on lender and creditworthiness.
Florida Installment Loan Regulations
✔ No State Rate Cap: Florida does not limit interest rates on installment loans, so some lenders charge triple-digit APRs.
✔ Maximum Loan Amount: Varies by lender (typically $1,000-$5,000).
✔ Cooling-Off Period: After paying off an installment loan, you must wait 7 days before taking a new one.
Pros & Cons of Installment Loans
✔ Lower payments spread over months
✔ Bigger loan amounts than payday loans
❌ High APRs possible, especially for bad credit
❌ Risk of long-term debt if payments are unaffordable
3. Safer Alternatives in Pembroke Pines
Before resorting to high-cost loans, consider:
✅ Credit Union Loans – Power Financial Credit Union and others offer small-dollar loans at lower rates.
✅ Payment Plans – Ask medical providers, utility companies, or landlords for extensions.
✅ Emergency Assistance – Broward County social services may provide help with rent, utilities, or food.
✅ Side Gigs – Uber, DoorDash, or local temp jobs can provide quick cash.
✅ Borrow from Family/Friends – Avoid interest and fees.
4. Final Advice for Pembroke Pines Residents
- Avoid payday loans if possible—they are the most expensive and risky option.
- Compare installment loan lenders—look for the lowest APR and no prepayment penalties.
- Check credit unions first—they often offer fairer rates than payday or online lenders.
Need Help?
- Florida Office of Financial Regulation – Regulates lenders and handles complaints.
- Nonprofit Credit Counseling – GreenPath Financial Wellness offers free debt advice.
Before borrowing, explore all options! If you need help finding reputable lenders or financial assistance in Pembroke Pines, contact local nonprofits or credit unions for support.