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Maryland Law 12-101 et seq. prohibits payday lending in all forms, including online loans. The maximum interest a small loan provider can charge is 2.75% per month or 33% per year. If you choose to apply for another kind of loan or line of credit, it’s very important to read all the paperwork (including all the fine print) before signing.
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There are 3 payday loan companies in the Middletown, Maryland area. About These Loan Programs This is a list of companies that can provide emergency loans to residents of Middletown, MD.
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