Florida Statute 687.147 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 687
INTEREST AND USURY; LENDING PRACTICES

View Entire Chapter

F.S. 687.147

687.147 Actions for damages.—

(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.

History.—s. 8, ch. 91-87.

F.S. 687.147 on Google Scholar

F.S. 687.147 on CourtListener

Amendments to 687.147

Annotations, Discussions, Cases:

Cases Citing Statute 687.147

Total Results: 1

Betts v. Advance America

213 F.R.D. 466, 2003 U.S. Dist. LEXIS 2825, 2003 WL 738752

District Court, M.D. Florida | Filed: Feb 24, 2003 | Docket: 66018256

Published

the rate prescribed in s. 687.071. Fla. Stat. § 687.147(1) provides that: Any borrower injured by a violation