- Payday loans in Archer follow Florida law (Florida Statutes s. 560.404 (deferred presentment)).
- Borrowing $300 at the state maximum costs $30 (10% fee) plus a small verification fee.
- The nearest larger city is Gainesville, about 16 miles away.
Archer at a glance
| Archer | |
|---|---|
| Population (2024 Census estimate) | 1,176 |
| Change since 2020 | +2.8% (growing) |
| County | Alachua County |
| Size rank among 393 Florida places we cover | 327th |
| Nearest larger city | Gainesville (about 16 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Alachua County | 3 |
| Other towns within 25 miles | 13 (about 187,554 residents) |
| Typical payday APR statewide (CRL 2023) | 293% |
Payday lending in Archer follows Florida state law. Lenders that serve Archer, in a store or online, must be licensed by the Florida Office of Financial Regulation.
Credit unions near Archer
No credit union has its main office in Archer, but these are based elsewhere in Alachua County (NCUA, June 2026):
- Florida Credit Union in Gainesville (state charter)
- Campus Usa Credit Union in Gainesville (state charter)
- Radiant Credit Union in Gainesville (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
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Payday loan rules that apply in Archer
The main Florida rules for a payday loan in Archer: maximum loan: $500 (single-payment); $1,000 for installment deferred presentment; maximum fee: 10% of the amount provided, plus a verification fee; loan term: 7 to 31 days (installment: 60 to 90 days). See the full Florida payday loan rules.
What a $300 loan costs in Archer
The Center for Responsible Lending put the typical APR on a $400 payday loan in Florida at 293% (June 2023). For $300 at the state maximum, expect $30 (10% fee) plus a small verification fee. Check any offer with our payday loan calculator.
Other help in Alachua County before you borrow
- Call or text 211 for help with rent, utilities and food in Alachua County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Archer
The nearest larger city is Gainesville, about 16 miles away. See all 393 Florida cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Archer?
Yes. Payday loans are legal in Archer under Florida state law, and lenders must be licensed by the Florida Office of Financial Regulation.
How much does a payday loan cost in Archer?
At Florida’s maximum fee, borrowing $300 costs $30 (10% fee) plus a small verification fee. The typical statewide APR was 293% in 2023.
Where is the nearest credit union to Archer?
No credit union is headquartered in Archer, but Florida Credit Union is based in Gainesville, also in Alachua County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Florida Statutes s. 560.404
- Florida OFR — Payday lenders
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary