A guide to Payday Loans in Maryland, USA. 

What are the Citation (s) to Payday Loan or Small Loan Laws in Maryland?

Consumer loan act applies. Md. Code Ann. Com. Law II § 12-301 et seq.

Q: Are Payday Loans legal in Maryland? 
A: No Payday Loans are prohibited in Maryland. 

Q: What is the maximum interest rate charged on small loans in Maryland? 
A: The maximum interest rate charged on small loans in Maryland is 2.75% per month; 33% per year.

Contact the Department Of Financial Institutions

If you have questions about payday loans please contact the Maryland Department of Financial Institutions at:

Maryland Commissioner of Financial Regulation
Address: 500 North Calvert Street Suite 402 Baltimore, MD 21202
Phone: (410) 230-6100
Fax: (410) 333-3866
Regulatory Contact: Michael Jackson, Director, Regulatory Policy
Website: http://www.dllr.state.md.us/finance/

Where can I find a payday loan store in Maryland? 

You can find the store nearest to your location by simply clicking on this link  loc: Maryland