- Payday loans in Winter Springs 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.
- 1 credit union is headquartered in Winter Springs; ask about small-dollar loans before borrowing.
Winter Springs at a glance
| Winter Springs | |
|---|---|
| Population (2024 Census estimate) | 39,822 |
| Change since 2020 | +3.8% (growing) |
| County | Seminole County |
| Size rank among 393 Florida places we cover | 81st |
| Nearest larger city | Oviedo (about 5 miles) |
| Credit unions headquartered in town (NCUA) | 1 |
| Credit unions headquartered in Seminole County | 3 |
| Other towns within 25 miles | 23 (about 996,148 residents) |
| Typical payday APR statewide (CRL 2023) | 293% |
Whether you borrow at a storefront in Oviedo or online from Winter Springs, the lender must hold a Florida license from the Florida Office of Financial Regulation and follow state limits.
Credit unions in Winter Springs
These credit unions have their main office in Winter Springs, according to NCUA call report data (June 2026):
- Insight Credit Union (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 Winter Springs
Key Florida limits that apply to Winter Springs borrowers: 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 Winter Springs
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 Seminole County before you borrow
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Winter Springs that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
Towns near Winter Springs
The nearest larger city is Oviedo, 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 Winter Springs?
Yes. Payday loans are legal in Winter Springs under Florida state law, and lenders must be licensed by the Florida Office of Financial Regulation.
How much does a payday loan cost in Winter Springs?
At Florida’s maximum fee, borrowing $300 costs $30 (10% fee) plus a small verification fee. The typical statewide APR was 293% in 2023.
Are there credit unions in Winter Springs?
Yes. NCUA data lists 1 credit union with a main office in Winter Springs, including Insight Credit Union.
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