Rates & Terms – Florida

Florida Rates & Terms

Online Installment Loans

Florida Sunshine Loans loan agreements are governed by the State of Florida.

View Example Finance Charges

Amount Financed

(the amount of credit provided to you on your behalf)

Finance Charge

(the dollar amount the credit will cost you)

Number of Payments 5
Payment Amount 4 Bi-Weekly Payments of $97.48
1 Bi-Weekly Payment of $97.43
Total of Payments
*Assuming all payments are made as scheduled
APR** 220.2799%
**Annual Percentage Rate: The APR is the total cost of your loan expressed as a yearly rate. The above APR is based on example loan terms of 5 installments due over three months. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.


Example Bi-Weekly Payment Schedule

Example Loan Amount: $400

Example Loan Start Date: 11/03/2023

Number of Payments Payment Amount Payment Due Date
1 $97.48 11/10/2023
2 $97.48 11/24/2023
3 $97.48 12/08/2023
4 $97.48 12/22/2023
5 $97.43 01/05/2024
Number of Payments Payment Amount Payment Due Date
1 $162.99 11/10/2023
2 $162.99 12/10/2023
3 $162.96 01/10/2024

Florida Licenses


Florida Short Term Loan License

Online Installment Loan Questions


How much money can I borrow?


Florida residents may be eligible to receive up to $1,000 with an online installment loan from Sunshine Loans.  If you repay your installment loan early or as scheduled, you may be eligible for a larger loan amount the next time you need an installment loan from Sunshine Loans.


Can I receive funds the same day?


For loans funded via debit card, funds are sent to the bank account linked to your debit card immediately after your loan is approved and you accept our offer. Delays may occur due to circumstances beyond our control. If we’re unable to validate your card, or you choose not opt into this service, funds will be sent via ACH deposit. Loans approved before 11:30am on a business day will typically be funded on the same day, otherwise funds will be deposited by the next business day. All funding cut-off times are subject to change. The date and time funds are made available to you by your bank are subject to your bank’s policies.


Can I pay off my loan early?


Yes, you can. There are no early payment penalty fees or charges, and you may even be eligible for a discounted payoff amount.


I don’t live in Florida; can I still apply for an Installment loan?


To be eligible for a Sunshine Loans installment loan in Florida you must be a resident of the state and meet the other eligibility requirements. If you are a resident of another state you may apply for any loan product offered in your state of residence.


Who can I talk to if I have additional questions?


If you have additional questions you can refer to our FAQ page, contact a member of our customer service team at (800) 504-9776, or email us at [email protected]