Online Personal Loans in Florida
Online personal loans are known to be a more balanced type of loan than the others that can be found online. A personal loan has the advantages of both quick online loans, also known as payday loans and the advantages of bank loans in the sense that personal loans can be taken out in a very short amount of time and completely online similar to short term loans while also having a lower interest rate and higher available amount which is an advantage of regular bank loans. Personal loans in Florida can come in all shapes and sizes. 36MonthLoans.com provides personal loans up to $5,000.
Florida - Rates & Terms
$1,000 - $5,000
Interest Rate / APR:
12 months - 36 months
If you meet the requirements and qualify for one of our personal loans we will provide you with a financial solution tailored to your needs, based on your financial eligibility. Once approved for a loan you will be provided the full details of the offer including: interest rate, repayment term, payment amount and the total cost of the loan.
Credit Scores in Florida
Based on research performed by Experian, one of the most important credit reference agencies in the world the average credit score for the State of Florida was 679 in 2011 when the study was performed. According to Experian, Florida ranked 39th out of the 50 states, 8 points below The US average which was 687 at the time.
More about Installment Loans in Florida
Florida, The Sunshine State is a southeastern US state that ranked 22nd according to area, 8th based on population density and 4th based on population. The largest part of Florida is peninsular, located between the Gulf of Mexico, the Atlantic Ocean and the Straits of Florida and because of this Florida has the longest coastline of all the states. This geographical position is also the reason why Florida is always under the threat of harsh weather conditions, especially hurricanes.
Floridian economy relies mostly on tourism, agriculture and transportation, the latter only being developed in the late 19th century. Other important industries that contribute to Florida's economy are: construction, international banking, biomedical and life sciences, healthcare research, aerospace and defense and even commercial space travel. The Floridian economy is almost entirely (95.7%) driven by the 19 metropolitan areas in Florida.
While Florida provides various employment opportunities in many fields it also implies that some residents will make a decent living while others may struggle. For those residents that may occasionally run into financial difficulties there are many opportunities to find funds. There are online personal loans in Florida which can be used by eligible customers that need and want to borrow money online.
State of Florida Economic Indicators:
- Income per capita: $39,272 (2010); 
- Average weekly wage: $808 (third quarter of 2013); 
- Average household income: $44,299 (2011);
- State Expenditures ($ in Millions): 69,975 (2013) 
- Unemployment rate: 7.6%