On March 19, 2018 Governor Rick Scott signed the Deferred Presentment Transactions Law (SB 920). This new legislation will allow loans of up to $1,000 paid back in installments of 60-90 days. Find more details at: https://onqfinancial.com/down-payment-assistance/new-mexico-programs/. Prior law allowed only amounts up to $500 paid off in a lump sum of 31 days. The new law will go into effect July 1, 2019. http://www.orlandosentinel.com/business/os-bz-nsf-payday-loan-changes-florida-20180213-story.html
A copy of the new law can be found here: http://laws.flrules.org/2018/26