Personal Loans in Florida
SET Financial is a free matching service that connects Florida residents with third-party lenders. We are not a lender and make no credit decisions.
Get StartedSET Financial is a lead-connection service for new loan requests, not the lender. Not everyone who applies will be matched or approved.
Connecting Florida Residents with Lenders
SET Financial is not a lender in Florida. We are a connection service that matches Florida residents with third-party lenders in our network, including options for people with bad, thin, or limited credit. Every lender independently reviews your request and decides whether to make a loan.
An installment loan gives you a fixed amount of money up front that you repay over time in scheduled payments, usually monthly, until the balance is paid off. Florida residents commonly use installment and personal loans for things like car repairs, medical or dental bills, home repairs, moving costs, consolidating higher-cost debt, or covering an unexpected emergency between paychecks.
How It Works
- ✓ Share a few details about what you're looking for
- ✓ We connect you with lenders in our network
- ✓ The lender reviews your request and any offer
- ✓ You decide whether to move forward with the lender
- ✓ SET Financial is never a party to your loan
Who the Network Works With in Florida
Bad credit
A low credit score does not automatically disqualify you. Some lenders in our network consider applicants with poor credit, though approval, rates, and terms are decided by each lender, and approval is never guaranteed.
Thin or no credit
If you have little or no credit history, certain lenders may look at other factors such as income and banking activity. We can help you request options, but the lender makes the final decision.
Self-employed or 1099 income
Being self-employed or earning 1099 income does not rule you out. Lenders may ask for bank statements or other proof of income, and each lender sets its own documentation requirements.
Fixed income
Borrowers on fixed income, such as Social Security, disability, or a pension, may still be matched with lenders who accept those income sources. The lender decides eligibility, rates, and terms.
Florida Rates and Your Protections
Consumer finance lending in Florida is regulated by the Florida Office of Financial Regulation under the Florida Consumer Finance Act (Chapter 516, Florida Statutes). Florida sets a general usury cap of 18 percent per year, while licensed consumer finance loans of 25,000 dollars or less may carry higher tiered maximums: as of July 1, 2024, up to 36 percent per year on the first 10,000 dollars, 30 percent on amounts above 10,000 up to 20,000 dollars, and 24 percent on amounts above 20,000 up to 25,000 dollars. SET Financial does not set rates or terms. Each lender sets its own rates, fees, and terms within applicable law.
You can confirm that a lender is licensed by checking the Florida Office of Financial Regulation, and you should always review the APR, fees, and full terms shown on your loan agreement before you sign.
Regulator: Florida Office of Financial Regulation.
Serving Borrowers Across Florida
The lender network works with residents statewide, including:
Jacksonville · Miami · Tampa · Orlando · St. Petersburg · Port St. Lucie · Hialeah · Cape Coral
Common questions
Quick answers. For more, see our full FAQ page.
Does SET Financial make loans in Florida?
No. SET Financial is not a lender and is not making a license claim in Florida. We are a free connection service that matches Florida residents with third-party lenders who make all credit decisions and set all rates and terms.
Who regulates consumer loans in Florida?
Consumer finance lending in Florida is regulated by the Florida Office of Financial Regulation under the Florida Consumer Finance Act, Chapter 516 of the Florida Statutes. You can verify a lender's license through that agency.
What interest rates can Florida lenders charge?
Florida sets a general usury cap of 18 percent per year. Licensed consumer finance loans of 25,000 dollars or less may carry higher tiered maximums, and as of July 1, 2024 those run up to 36 percent on the first 10,000 dollars. Your actual APR and terms are set by the lender and shown on your loan agreement.
Can I get connected with a lender if I have bad credit?
Possibly. Some lenders in our network consider applicants with bad, thin, or limited credit. Being matched with a lender is not a loan offer, and approval, rates, and terms are always decided by the lender. We never guarantee approval.
Is there a cost to use SET Financial?
Using our matching service to request options is free to you. If you accept a loan, the lender's own rates, fees, and terms apply, so review the full loan agreement, including the APR, before you sign.