Maryland has no law written for title loans. A loan secured by your car is treated as an ordinary licensed consumer loan, capped at 2.75% / 2% a month (Md. Com. Law § 12-306(a)(6)), on loans of $1,400 or more.
Title loan rules in Maryland at a glance
| Title-loan law | None. Car-secured loans follow the consumer-loan rules |
|---|---|
| Rate cap | A vehicle-secured loan from a licensed lender is capped at 2.75% / 2% a month (Md. Com. Law § 12-306(a)(6)), on loans of $1,400 or more |
| Repossession | Allowed after default |
| Owe the balance after the car is sold? | Yes, with conditions. Only if the lender resold the vehicle and complied with every requirement of Com. Law § 12-115, including the post-repossession notice; keeping the vehicle without resale discharges the debt (Md. Code, Com. Law § 12-115(k)(4), (l)). |
| Lender license | Required (Maryland consumer lender licence (Office of Financial Regulation)) |
| Statute | Md. Code, Com. Law §§ 12-306(a)(6), 12-307, 12-308(d), 12-311(c) |
Source: Md. Code, Com. Law §§ 12-306(a)(6), 12-307, 12-308(d), 12-311(c) (read the law). We last checked it against the statute on October 6, 2026. See title loan laws in every state.
What a title loan costs in Maryland
Under Maryland's rate rules, borrowing $1,500 for 12 months costs $269.86 in interest or fees, so you repay $1,769.86 (31.7% APR). Your offer may differ.
| Loan | Term | Interest and fees | Total repaid | APR |
|---|---|---|---|---|
| $1,500 | 12 months | $269.86 | $1,769.86 | 31.7% |
| $2,500 | 12 months | $336.79 | $2,836.79 | 24% |
| $5,000 | 12 months | $673.58 | $5,673.58 | 24% |
Check whether the lender adds any fees: the written disclosure must show the full cost and the APR with every fee included.
What happens if you can't repay
If you fall behind, the lender can repossess your car. Read the default and notice terms in your contract before you sign. If the car is sold for less than you owe, whether the lender can collect more depends on Maryland law. Only if the lender resold the vehicle and complied with every requirement of Com. Law § 12-115, including the post-repossession notice; keeping the vehicle without resale discharges the debt (Md. Code, Com. Law § 12-115(k)(4), (l)).
If you think you will miss a payment, call the lender before the due date and ask what options it offers.
How to check a lender in Maryland
Title lenders in Maryland must be licensed (Maryland consumer lender licence (Office of Financial Regulation)). Search for the lender on the official license lookup before you sign. Lenditup does not check lender licenses for you (see how we verify).
Looking for a loan in Maryland?
The lenders in our network don't currently offer title loans in Maryland. If you need money, these options don't put your car at risk:
- A personal loan. You can send one personal loan request; lenders in our network decide whether they lend in Maryland. Read how installment loans work first.
- A credit union. Federal credit unions can offer small payday alternative loans with capped rates (NCUA rule). You usually need to be a member.
- Your creditors. If a bill is the problem, ask the company for a payment plan or a later due date before you borrow.
Lenditup is not a lender. Sending a request does not mean you will be approved; each lender sets its own rates and terms within Maryland law.
Title loan questions for Maryland
01What is the most a title lender can charge in Maryland?
02What happens if I can't repay a title loan in Maryland?
03How do I check that a title lender is licensed in Maryland?
04Is Lenditup a title lender in Maryland?
Title loan laws in other states
- Alabama
- Alaska
- Arizona
- California
- Colorado
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Mexico
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Compare every state side by side on the state title loan law table, or read how title loans work and what lenders ask for.