Title loans are restricted or prohibited in Maryland. This page summarises what the rules say and points to lower-cost alternatives.
Last reviewed on April 27, 2026.
Maryland has no title-lending statute, and its consumer-loan rate caps sit far below the triple-digit APRs title lenders charge. You will not find a state-licensed title loan storefront in Baltimore, Columbia, or Annapolis.
Most “title loan in Maryland” ads come from lenders in Delaware or Virginia, or from online lead-generation sites. The contract follows the lender’s state law, which is what makes the high rate possible.
Use our loan calculator to estimate your monthly payment based on Maryland's typical interest rates.
Not as an in-state licensed product. Maryland’s Commissioner of Financial Regulation has treated high-rate vehicle-title lending to Maryland residents as unlawful, and Maryland courts have applied the state’s rate caps to out-of-state lenders that reach into the state. In practice, options for Maryland residents who own a car are a secured personal loan from a bank or credit union, a traditional pawn (where the pawnbroker keeps the car), or a title loan from a Delaware or Virginia lender under that state’s law. Compare the cost in our title loan calculator and read the alternatives first.
If you borrow from a lender in a neighbouring state, expect to provide: