- Payday loans in Delray Beach 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 Boynton Beach, about 5 miles away.
Delray Beach at a glance
| Delray Beach | |
|---|---|
| Population (2024 Census estimate) | 70,140 |
| Change since 2020 | +5% (growing fast) |
| County | Palm Beach County |
| Size rank among 393 Florida places we cover | 44th |
| Nearest larger city | Boynton Beach (about 5 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Palm Beach County | 6 |
| Other towns within 25 miles | 45 (about 1,756,579 residents) |
| Typical payday APR statewide (CRL 2023) | 293% |
There is no separate Delray Beach payday law: Florida rules apply here, and any lender serving Delray Beach residents, online or in person, needs a license from the Florida Office of Financial Regulation.
Credit unions near Delray Beach
No credit union has its main office in Delray Beach, but these are based elsewhere in Palm Beach County (NCUA, June 2026):
- Gold Coast Federal Credit Union in Palm Springs (federal charter — may offer payday alternative loans (PALs))
- South Atlantic Federal Credit Union in Boca Raton (federal charter — may offer payday alternative loans (PALs))
- Guardians Credit Union in West Palm Beach (state charter)
- First Choice Credit Union in West Palm Beach (state charter)
- Ithink Financial Credit Union in Boca Raton (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.
Payday loan rules that apply in Delray Beach
In short, Florida rules that cover Delray Beach include: 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 Delray Beach
At Florida’s maximum fee, borrowing $300 costs $30 (10% fee) plus a small verification fee. Statewide, the typical APR on a $400 payday loan was 293% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Palm Beach County before you borrow
Before a payday loan, Delray Beach residents can usually find something cheaper:
- Local assistance through 211 covering Palm Beach County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Delray Beach
- Gulf Stream · 3 mi
- Golf · 3 mi
- Highland Beach · 3 mi
- Briny Breezes · 4 mi
- Boynton Beach · 5 mi
- Boca Raton · 6 mi
The nearest larger city is Boynton Beach, about 5 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 Delray Beach?
Yes. Payday loans are legal in Delray Beach under Florida state law, and lenders must be licensed by the Florida Office of Financial Regulation.
How much does a payday loan cost in Delray Beach?
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 Delray Beach?
No credit union is headquartered in Delray Beach, but Gold Coast Federal Credit Union is based in Palm Springs, also in Palm Beach 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