Payday Loans Bonita Springs FL | Online Payday Loans Florida
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Bonita Springs, nestled in southwest Florida bordering Naples and Fort Myers, is famed for its gorgeous expanses of beach and attracts golfers, fishermen, and other outdoor enthusiasts. Bonita Springs has an average family income of $118,031 and an 8.59 percent poverty rate. When it comes to living standards in the city, housing costs are 2% more than the national average, but utility costs are 12% lower.
If you find yourself in a sticky situation and need a payday loan in Bonita Springs, Florida, make sure you select a reputable provider. While payday lending is permitted in the city, it is closely controlled by the state. It is illegal to lend more than $500 in a single payday loan in the municipality of Florida. These one-time-payment loans are available for 7 to 31 days and must be repaid in full. Going above and beyond these restrictions, according to the Florida Office of Financial Regulation, is prohibited. It’s not rare for payday loans in Bonita Springs, Florida to have interest rates and expenses that exceed 500% when it refers to yearly percentage rates.