Payday loan laws in Maryland

  • Statutory citation: Md. Code Com. Law § 12-101 et seq.
  • Legal status: Prohibited

Lending specifications:

  • Small loan charges: 2.75% per month; 33% per year.

Complaint cell:

  • Regulator: Office of the Commissioner of Financial Regulation
  • Address: 500 N Calvert Street, Suite 402, Baltimore, Maryland 21202
  • Phone: 410-230-6100 or 888-784-0136
  • Fax: 410-333-3866 (Complaint Fax Number)
  • Regulatory Contact: Cynthia Jones, Assistant Commissioner
  • Website: https://www.dllr.state.md.us/finance/
  • File complaint: https://www.dllr.state.md.us/finance/consumers/frcomplaints.shtml

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