Florida Statutes
§ 687.147 — Actions for damages
Florida § 687.147
This text of Florida § 687.147 (Actions for damages) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 687.147 (2026).
Text
(1)Any borrower injured by a violation of this act may bring an action for recovery of damages. Judgment shall be entered for actual damages, but in no case less than the amount paid by the borrower to the loan broker, plus reasonable attorney’s fees and costs. An award may also be entered for punitive damages.
(2)Any borrower injured by a violation of this act may bring an action against the surety bond or trust account, if any, of the loan broker.
(3)The remedies provided under this act are in addition to any other procedures or remedies for any violation or conduct provided for in any other law.
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Related
Betts v. Advance America
213 F.R.D. 466 (M.D. Florida, 2003)
Simring v. LVNV Funding, LLC
(S.D. Florida, 2025)
Legislative History
s. 8, ch. 91-87.
Nearby Sections
15
§ 687.02
“Usurious contracts” defined§ 687.0303
“Line of credit” defined§ 687.0304
Credit agreements§ 687.031
Construction, ss. 687.02 and 687.03§ 687.071
Criminal usury, loan sharking§ 687.125
Compounding of interestCite This Page — Counsel Stack
Bluebook (online)
Florida § 687.147, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/687.147.