- Payday loans in Oak Hill 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 New Smyrna Beach, about 13 miles away.
Oak Hill at a glance
| Oak Hill | |
|---|---|
| Population (2024 Census estimate) | 2,172 |
| Change since 2020 | +7.5% (growing fast) |
| County | Volusia County |
| Size rank among 393 Florida places we cover | 288th |
| Nearest larger city | New Smyrna Beach (about 13 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Volusia County | 1 |
| Other towns within 25 miles | 8 (about 297,044 residents) |
| Typical payday APR statewide (CRL 2023) | 293% |
Payday lending in Oak Hill follows Florida state law. Lenders that serve Oak Hill, in a store or online, must be licensed by the Florida Office of Financial Regulation.
Credit unions near Oak Hill
No credit union has its main office in Oak Hill, but these are based elsewhere in Volusia County (NCUA, June 2026):
- Financial Educators Federal Credit Union in Daytona Beach (federal charter — may offer payday alternative loans (PALs))
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 Oak Hill
The main Florida rules for a payday loan in Oak Hill: 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 Oak Hill
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 Volusia County before you borrow
- Call or text 211 for help with rent, utilities and food in Volusia 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 Oak Hill
- Edgewater · 8 mi
- New Smyrna Beach · 13 mi
- Ponce Inlet · 16 mi
- Port Orange · 20 mi
- Titusville · 21 mi
- Daytona Beach Shores · 22 mi
The nearest larger city is New Smyrna Beach, about 13 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 Oak Hill?
Yes. Payday loans are legal in Oak Hill under Florida state law, and lenders must be licensed by the Florida Office of Financial Regulation.
How much does a payday loan cost in Oak Hill?
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 Oak Hill?
No credit union is headquartered in Oak Hill, but Financial Educators Federal Credit Union is based in Daytona Beach, also in Volusia 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