- Payday loans in Ponce de Leon 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 Crestview, about 38 miles away.
Ponce de Leon at a glance
| Ponce de Leon | |
|---|---|
| Population (2024 Census estimate) | 518 |
| Change since 2020 | +3.4% (growing) |
| County | Holmes County |
| Size rank among 393 Florida places we cover | 370th |
| Nearest larger city | Crestview (about 38 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Other towns within 25 miles | 9 (about 22,931 residents) |
| Typical payday APR statewide (CRL 2023) | 293% |
Payday lending in Ponce de Leon follows Florida state law. Lenders that serve Ponce de Leon, in a store or online, must be licensed by the Florida Office of Financial Regulation.
Credit unions near Ponce de Leon
NCUA data (June 2026) shows no credit union headquartered in Ponce de Leon or Holmes County. Many credit unions have branches in other towns or accept members online. Use the NCUA’s Credit Union Locator to find one near you.
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 Ponce de Leon
The main Florida rules for a payday loan in Ponce de Leon: 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 Ponce de Leon
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 Holmes County before you borrow
- Call or text 211 for help with rent, utilities and food in Holmes 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 Ponce de Leon
- Westville · 7 mi
- Caryville · 8 mi
- DeFuniak Springs · 11 mi
- Bonifay · 15 mi
- Vernon · 16 mi
- Freeport · 19 mi
The nearest larger city is Crestview, about 38 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 Ponce de Leon?
Yes. Payday loans are legal in Ponce de Leon under Florida state law, and lenders must be licensed by the Florida Office of Financial Regulation.
How much does a payday loan cost in Ponce de Leon?
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 Ponce de Leon?
NCUA data shows no credit union headquartered in Ponce de Leon or its county. Use the NCUA credit union locator to find branches and online credit unions.
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