Title Loan Data for Daytona Beach, FL
$3,070
Average Loan Amount
$575–$10,093
Loan Range
2014
Average Vehicle Year
47
Loans Funded
Based on 47 loans in Daytona Beach from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Florida regulations.
Actual Title Loans Funded in Daytona Beach, FL
Actual loan amounts vary based on vehicle condition, mileage, and Florida regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2011 | Chevrolet | Traverse | 177,000 | $1,147 |
| 2022 | Kawasaki | Z900 ABS | 18,000 | $4,107 |
| 2013 | Honda | Odyssey | 191,866 | $2,100 |
| 2011 | Ford | E150 Vans | 238,000 | $3,606 |
| 2018 | Jeep | Wrangler | 186,000 | $3,587 |
| 2021 | GMC | Yukon | 71,500 | $5,111 |
| 2018 | Ford | Mustang | 110,000 | $2,100 |
| 2014 | BMW | X1 | 114,228 | $2,100 |
| 2016 | Ford | Fusion | 201,000 | $1,575 |
| 2016 | Ford | Fusion | 250,000 | $1,500 |
Average Title Loan by Most Common Vehicles in Daytona Beach, FL
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Ford | $6,739 | $2,672 | 11 |
| Toyota | $11,038 | $4,713 | 6 |
| Nissan | $11,625 | $2,642 | 4 |
| BMW | $3,958 | $1,525 | 3 |
| Chevrolet | $6,652 | $3,062 | 3 |
Based on 47 loans in Daytona Beach from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Florida regulations.
Did You Know? Daytona Beach by the Numbers
What Daytona Beach Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Critical Home Repairs (Roof, Plumbing) |
| 2 | Electric and Water Utilities |
| 3 | Emergency Medical Bills |
Based on 47 borrowers in Daytona Beach from 2024–2025.
Unemployment Rate in Daytona Beach, Florida
4.7% of Daytona Beach residents are currently unemployed, compared to the Florida state average of 5.0%.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Median Household Income in Daytona Beach, Florida
The median household income in Daytona Beach is $52,058. About 20.4% of residents live below the federal poverty line.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Title Loan Regulations in Florida
- Interest rate cap: Tiered: 30% per year on first $2,000; 24% per year on $2,001-$3,000; 18% per year above $3,000
- Loan range: $250 to $10,000 (typical market range)
- Repayment term: 30-day term, extendable for additional 30-day periods
- Regulated by: Florida Office of Financial Regulation (OFR)
What a Title Loan Costs in Florida
| Loan Amount | Term | APR | Interest/Fees | Total Due |
|---|---|---|---|---|
| $1,000 | 30 days | 30% | $25 | $1,025 |
| $3,000 | 30 days | 28% | $69 | $3,069 |
| $5,000 | 30 days | 24% | $99 | $5,099 |
Your actual rate and payment depend on your lender and agreement. Always ask your lender for the full APR before signing.
📖 Governing law: Florida Title Loan Act, Chapter 537, Florida Statutes
See all Florida title loan rules and consumer protections on our Florida title loans page.
Title Loan Questions for Daytona Beach, FL Residents
No credit check is required for pre-approval or a free estimate. Approval is based primarily on your vehicle’s value and your ability to repay.
Proof of income is a requirement, but it is flexible. In Daytona Beach, accepted income documentation can include pay stubs, bank statements, Social Security or disability letters, pension award letters, and self-employment records. The goal is to show you can repay the loan.
Florida caps title loan rates: 30% on the first $1,000, 24% on $1,001 to $3,000, and 18% above $3,000. Term is 30 days, extendable by mutual agreement.
| Loan Amount | Term | APR | Interest Owed | Total Due |
| $,000 | 30 days | 30% | ~5 | ~,025 |
| $,000 | 30 days | ~28% | ~9 | ~,069 |
| $,000 | 30 days | ~24% | ~9 | ~,099 |
Actual rates and terms may vary based on the loan amount and the borrower’s specific situation.
After your last payment, the lender releases the lien electronically with the Florida DHSMV within approximately 10 business days. Your title record shows free and clear status in the DHSMV system. To receive a paper title, request one via the Florida MyDMV Portal for a small fee. Paper titles arrive within 3 to 4 weeks.
A lien-free title means no lender has a claim against your vehicle. It is fully paid off and the title is in your name without any recorded encumbrance. This is the standard requirement to qualify for a title loan in Daytona Beach. You can verify lien-free status through the Florida DHSMV.
Title loan applications in Daytona Beach are typically declined when the vehicle has too little equity, there is no verifiable income, or the title is not in the applicant’s name. Poor credit alone is rarely the reason for denial.
A lost title does not have to stop you. File Form HSMV 82101 with the Florida DHSMV. Standard mail takes 3 to 4 weeks. For faster service, visit a county tax collector’s office in person and request a fast title for a 0 extra fee. It is issued the same day. Then proceed with your loan application.
Title loans are built for speed. Same-day or next-business-day funding is possible for many applicants. The key steps, application, vehicle evaluation, document review, and fund release, can often be completed within one business day. To keep things moving quickly, have your car title, photo ID, and proof of income ready before you apply.
