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In Maryland, the maximum interest rate on personal loans is generally capped at 33% per year for loans under $15,000. For loans exceeding this amount, the interest rates can vary depending on the terms, but they must still comply with state regulations. Additionally, certain types of loans may have different limits, so it's important to check the specific terms of each loan agreement. Always verify with a financial advisor or lender for the most accurate and current information.

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2w ago

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