Car Title Loans in Florida2026 Guide
Florida title loans are regulated to ensure transparency and cap rates for smaller loans.
Legal Status & Regulations
Governing Law
FS §537
Last Reviewed: April 2026
Law Summary
The Florida Title Loan Act (FS §537) regulates these transactions. Interest rates are capped at 30% per year for the first $2,000, 24% for the next $1,000, and 18% for any amount over $3,000. Loans are 30-day terms, and lenders must provide a "Title Loan Agreement" with specific statutory disclosures and a 30-day grace period before repossession. Florida law is particularly strict about the repossession process; lenders must notify the borrower of the intent to repossess and provide a final opportunity to pay the debt. Additionally, any surplus from the sale of a repossessed vehicle must be returned to the borrower after the loan balance and reasonable repossession costs are covered.
Real Rate Example in Florida
A $1,500 loan in Florida at a typical market rate of 30% for first $2,000 APR over 30 days would result in approximately $150 in interest and fees. Always compare multiple offers to find the most competitive rate.
What Documents You Need
- A clear vehicle title in your name
- A valid government-issued ID (Driver's License)
- Proof of residency (Utility bill, etc.)
- Proof of income or ability to repay
- The vehicle itself for a quick inspection
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Title Loans Union Editorial Team
Consumer Finance & State Regulations Research
Our editorial team monitors state statutes, interest rate ceilings, and car title loan regulations across all 50 states. We analyze legal statutes, state regulatory filings, and consumer protection policies to provide clear, unbiased analysis of borrowing requirements and costs.
*Last reviewed: June 2026. Always verify with your state's financial regulatory body before applying. Laws change frequently.
Quick Info Card
Max Loan Amount
$25,000
Max APR / Rate
30% for first $2,000
Loan Term Range
30 days
Governing Body
Office of Financial Regulation