Payday loans in Maryland: what the law allows
No. Maryland doesn't allow payday loans at typical payday costs. We haven't confirmed Maryland's car title loan rules yet.
Maryland
Payday loans
Not allowed
Car title loans
Not confirmed yet
“First $1,000 of a Loan $2,000 or Less: Maximum interest rate allowed by law is 2.75% per month or an annual interest rate of 33%.”
Maryland Office of Financial RegulationLook up a lender's license
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
Before you borrow
A payment plan, a paycheck advance or a credit union payday alternative loan usually costs less than a payday or title loan.
Compare every option by costAlready behind on a payday loan?
See every way out of the debt you have, including options nobody sells.
Start a Debt CheckRun the numbers
Payday loan calculator
The fee, the APR and what renewing the loan adds up to.
Payday alternative loan (PAL) calculator
Credit union PAL limits, payment and cost next to a payday loan.
Need money now? Every option priced
Every way to cover a shortfall, priced in dollars, cheapest first.
Loan scam checker
The warning signs of a fake loan offer, checked one by one.
Common questions
Are payday loans legal in Maryland?
No. Maryland doesn't allow payday loans at typical payday costs.
Are car title loans legal in Maryland?
We haven't confirmed Maryland's car title loan rules yet.
How do I check a lender's license in Maryland?
Look the lender up with Maryland Office of Financial Regulation, which licenses lenders in Maryland.
Do these rules protect service members?
Yes. The Military Lending Act limits payday and car title loans for covered service members to 36%, in every state.
Information, not legal advice. Laws change; confirm with the state regulator.