BOULDER, Colo. — August 26, 2026 — 1F Cash Advance today published a revised consumer guide addressing Florida Power & Light’s rate settlement, Palm Beach County energy-assistance resources, and the disclosed costs and risks of short-term credit.
The revision adds direct links to regulatory and assistance records, a dated source register, a sample annual percentage rate calculation, and clearer lender-versus-connection-service disclosures. It removes local loan-demand claims, borrower-behavior findings, household anecdotes, and generalized utility or insurance estimates that were not supported by adequate data.
FPL rate and cost records
The Florida Public Service Commission’s records for FPL’s 2026–2029 rate proceeding are available in Docket No. 20250011-EI. The docket contains dated orders, filings, testimony, and settlement documents. Current rates and bill-calculation information should be checked through FPL’s rates page.
The guide does not state a universal bill increase because actual charges may vary by usage, service class, taxes, approved adjustments, and subsequent regulatory action.
The docket record indicates that the Office of Public Counsel and several consumer groups opposed the deal. Their filed positions, the Commission’s decisions, and any related proceedings should be reviewed through the docket and the Florida Office of Public Counsel.
A PayScale page retrieved on August 3, 2026, described West Palm Beach as already running 16% above the national average. This is a third-party cost index rather than a government measure. Its methodology and underlying data may change. The dated comparison is available on the West Palm Beach cost-of-living page.
A local real estate guide had previously been cited for electricity and insurance ranges. The revised publication omits those figures because the property sample, collection period, source records, and calculation method were not adequately established. Consumers should request address-specific utility estimates and insurance quotations.
Assistance resources before credit
Palm Beach County’s Community Action Program administers local LIHEAP services for eligible households. Current income criteria, documentation requirements, benefit categories, application procedures, and funding information should be confirmed through the county’s Community Action Program and the federal LIHEAP portal.
Eligibility does not ensure an award or a particular payment date. Other options listed in the guide include:
- Asking FPL about payment arrangements and current assistance programs.
- Contacting 211 Palm Beach and Treasure Coast for local referrals.
- Consulting a nonprofit credit counselor through the National Foundation for Credit Counseling.
- Checking current county, municipal, faith-based, and community emergency-assistance programs.
Short-term credit costs and limits
A payday loan can carry a high annual percentage rate and a short repayment period. Under Florida’s deferred-presentment provisions, charges may include up to 10% of the amount advanced plus a verification charge of up to $5, subject to statutory conditions and limits. The controlling requirements appear in Florida Statutes, Chapter 560.
For a mathematical illustration, a $500, 14-day transaction carrying $55 in charges would require a total payment of $555. The corresponding annual percentage rate would be approximately 287%. This example is not a credit offer. A provider’s written disclosure must identify the actual amount, charges, APR, duration, due dates, and total of payments.
Florida law restricts rollovers, but separate or repeated transactions may still impose substantial costs. Short-term credit does not resolve an ongoing gap between monthly income and expenses.
According to its website disclosures, 1F Cash Advance is an online connection service and is not the lender making each participating provider’s credit decision. A provider determines approval, amount, APR, charges, repayment schedule, and other contract terms. This announcement does not guarantee an application result, provider match, approval, or funding.
Consumers should verify the identified provider through the Florida Office of Financial Regulation company search. This announcement does not represent that 1F Cash Advance is a Florida lender or that any provider operates a physical location. Anyone seeking the nearest Florida branch should confirm location and service information directly with the identified company before providing personal information.
“Public assistance and direct arrangements with a utility should be considered before high-cost credit,” the 1F Cash Advance compliance team said. “Any applicant should compare APR, total repayment, due dates, provider identity, and lower-cost options before accepting an agreement.”
Source and methodology statement
The revised guide relies on identified public-agency pages and the dated PayScale page retrieved on August 3, 2026. It does not rely on an unnamed household survey, customer interviews, application volume, approval rates, funded-loan totals, or unpublished Palm Beach County data.
1F Cash Advance has not published a local dataset supporting claims of increased credit demand or particular borrower behavior. The guide therefore makes no such claims. Readers should consult the linked records because rates, regulatory decisions, statutory requirements, program criteria, and funding status may change.
About 1F Cash Advance
1F Cash Advance operates an online service connecting consumers with participating providers of short-term financing. It does not guarantee approval, funding, rates, or terms. Consumers should review provider identity, authorization, APR, charges, repayment obligations, and availability before accepting an agreement.
Media Contact
Contact Person: Media Relations
Company Name: 1F Cash Advance
Email: info@1firstcashadvance.org
Website: https://1firstcashadvance.org/