CashAdvance.io

Maryland (MD) lender directory

Installment Loans in Maryland

Looking for an installment loan near you in Maryland? Pick your city below. We list 15 stores in 14 Maryland cities, built from lenders' own store pages. Data last checked October 9, 2026.

Read our guide: Installment Loans vs. Payday Loans: Costs, Terms and Which Is Safer

Payday loans in Maryland: rates capped at 24% →

Title loans in Maryland: rates capped at 24% →

Installment loans by city

Installment loans in Maryland: the rules

  • A person may not make loans under the Maryland Consumer Loan Law unless licensed by the Commissioner or exempt from licensing. Source: Md. Code, Com. Law § 12-302 · verified Oct 9, 2026
  • A person may not lend $25,000 or less if it charges more than State law authorizes or is not licensed or exempt. Source: Md. Code, Com. Law § 12-314(a) · verified Oct 9, 2026
  • A loan of $25,000 or less is void and unenforceable if it carries a rate above what State law authorizes or was made by an unlicensed lender, and the lender may not keep any interest or fees on it. Source: Md. Code, Com. Law § 12-314(b)(1)-(2) · verified Oct 9, 2026
  • Under the Consumer Loan Law a lender may charge at most 2.75 percent a month on the first $1,000 of the unpaid balance and 2 percent a month above that for a loan of $2,000 or less (2 percent a month for larger loans). Source: Md. Code, Com. Law § 12-306(a)(6) · verified Oct 9, 2026

Lenders in Maryland are licensed by the Maryland Office of the Commissioner of Financial Regulation (OFR), Department of Labor. See also online lenders and apps in Maryland.

Questions people ask

Are payday loans legal in Maryland?

We list no payday loan stores in Maryland. Under the general interest subtitle a lender may charge at most 24 percent a year simple interest on loans made after July 1, 1982 that are unsecured or secured by other than a savings account (Md. Code, Com. Law § 12-103(a)(3)).

How many installment lenders are in Maryland?

We list 15 installment lenders in Maryland, in 14 cities.

Which Maryland cities have the most installment lenders?

Catonsville (2), Aberdeen (1), Baltimore (1), Bowie (1) and California (1).

How much can lenders charge in Maryland?

Under the Consumer Loan Law a lender may charge at most 2.75 percent a month on the first $1,000 of the unpaid balance and 2 percent a month above that for a loan of $2,000 or less (2 percent a month for larger loans) (Md. Code, Com. Law § 12-306(a)(6)). More limits are listed under the state rules on this page.

How do I check a lender's license in Maryland?

Lenders in Maryland are licensed by the Maryland Office of the Commissioner of Financial Regulation (OFR), Department of Labor. Contact the regulator, or use NMLS Consumer Access for lenders licensed through NMLS.

Answers are generated from the listings and verified rules on this page; see Sources below.

Sources

Listings, statistics and rules on this page come from these sources, with how many locations each one supplied.

  1. OneMain Financial branches (MD) · 15 locations Last verified Oct 15, 2026
  2. Md. Code, Com. Law § 12-103(a)(3) · General rules Last verified Oct 9, 2026 · high confidence
  3. Md. Code, Com. Law § 12-302 · Installment and consumer finance loans Last verified Oct 9, 2026 · high confidence
  4. Md. Code, Com. Law § 12-314(a), Md. Code, Com. Law § 12-314(b)(1)-(2) · Installment and consumer finance loans Last verified Oct 9, 2026 · high confidence
  5. Md. Code, Com. Law § 12-306(a)(6) · Installment and consumer finance loans Last verified Oct 9, 2026 · high confidence

We re-check sources regularly and show the date each was last verified. Spotted a mistake? Tell us and we'll check it against the source.

CashAdvance is not a lender and does not take applications. Listings are information only, built from public records (such as state license lists) and lenders' own published details. Confirm hours, fees and terms with the lender before you visit or borrow.