Maryland payday loan laws

Legal Status: Prohibited

Consumer loan act applies. Md. Code Com. Law § 12-101 et seq.

Small Loan Rate Cap
2.75% per month; 33% per year.

Where to Complain, Get Information:
Regulator: Maryland Commissioner of Financial Regulation
Address: 500 North Calvert Street Suite 401 Baltimore MD 21202
Phone: (410) 230-6100 
Fax: (410) 333-3866

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