Personal loans in Clermont, FL
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Clermont, FL.
The median household in Clermont earns $82,306 a year, 10% above the Florida median of $74,568. About 5% of residents live below the federal poverty line, and 31.9% of households rent their home.
Florida law that applies in Clermont
| Rate cap | 36% a year on the first $10,000 of principal, 30% on the part from $10,000 to $20,000, and 24% on the part from $20,000 to $25,000. |
|---|---|
| License required | Yes. |
| Loan sizes covered | Loans of $25,000 or less (including lines of credit up to $25,000). |
Full rules with statute citations: Personal Loans in Florida. Cities in Florida cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Clermont
Lenders that serve Clermont typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Clermont
What Clermont borrowers use it for
handle the unexpected the same week
Moving costsdeposits, trucks and first-week expenses
Car repairskeep getting to work while the shop fixes it
Rent duecover a short gap before payday
Loans for your situation
How to get a personal loan in Clermont
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Clermont
22 FDIC-insured bank branches from 12 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Bank of America, National Association | 3 | 690 E Highway 50, Clermont 34711 |
| Truist Bank | 3 | 581 E Highway 50, Clermont 34711 |
| JPMorgan Chase Bank, National Association | 3 | 220 Citrus Tower Blvd, Clermont 34711 |
| Wells Fargo Bank, National Association | 2 | 726 E Highway 50, Clermont 34711 |
| Fifth Third Bank, National Association | 2 | 1350 Roper Blvd, Clermont 34711 |
| TrustCo Bank | 2 | 16908 High Grove Blvd, Clermont 34714 |
| First Southern Bank | 2 | 644 West Ave, Clermont 34711 |
| PNC Bank, National Association | 1 | 1820 S Highway 27, Clermont 34711 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Clermont
6 credit-union locations from 5 credit unions.
| Credit union | Location |
|---|---|
| Addition Financial | 2390 E Highway 50, Clermont 34711 |
| Fairwinds | 1380 S Grand Hwy, Clermont 34711 |
| Mccoy | 1051 E Highway 50, Clermont 34711 |
| Insight | 2580 E Highway 50, Clermont 34711 |
| Orlando | 2335 E Highway 50, Clermont 34711 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Lake County · Payday Loans in Clermont · Title Loans in Clermont
Frequently asked questions
Can I get a personal loan with bad credit in Clermont?
Possibly. Lenders in our network consider applicants with fair and bad credit across Florida, including Clermont. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Clermont, FL?
Licensed consumer finance lenders: 36% a year on the first $10,000, lower tiers above, for loans up to $25,000.
How fast can I get a personal loan in Clermont?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
How long does it take to get a personal loan in Clermont?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Clermont.
How do installment loans work in Clermont?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Clermont residents can see installment loan offers with our free 3-minute form.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
Are personal loans bad for your credit?
Not necessarily. Checking offers often uses a soft inquiry that doesn't affect your score, though a lender may do a hard pull before final approval. Once you have the loan, on-time payments can help build your credit history, especially with lenders that report to the major bureaus, while missed payments can lower your score. Clermont residents can see their options in about 3 minutes.
What is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Personal loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Clermont borrowers who qualify.
Do I need to visit a store in Clermont?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.