Payday Loans:

Payday Loans are up to $500 and paid back on your next pay date. People who would be interested in this type of loan need help with an emergency, unexpected bill, catch up on high interest debt. The application process can be done online or in store and has documentation requirements to complete. ​Consumers who take out a payday loan from a licensed lender are entitled to the following protections under Florida law: A borrower may borrow up to $500 per loan. A borrower may only have one outstanding loan at any time. ... The loan term cannot exceed 31 days or be less than 7 days.

Installment Loans:

Installment Loans are up to $1000 and paid back in smaller payments up to 90 days. This type of loan is ideal for consumers who need larger amounts of money but cant afford to pay it off in one lump sum.
The application process can be done online or in store and has documentation requirements to complete. Installment transactions must be fully amortizing and repayable in consecutive installments as nearly equal as mathematically practicable according to a payment schedule agreed upon by the parties with no fewer than 13 days and not more than 1 calendar month between payments, except that the first installment period may be longer than the remaining installment periods by not more than 15 days,