Personal Loans in Maryland
Get matched with third-party lenders serving Maryland residents
Get StartedSET Financial is a lead-connection service for new loan requests, not the lender. Not everyone who applies will be matched or approved.
Connecting Maryland Residents with Lenders
SET Financial is a loan matching service, not a lender, and we do not make loans or set any rates or terms in Maryland. We connect Maryland residents with third-party lenders in our network who review each request and make all credit decisions. Borrowers with bad, thin, or limited credit are welcome to apply, though a match is never guaranteed.
An installment loan is money you repay over time in fixed, scheduled payments of principal and interest, so you know the amount due each period from the start. Maryland residents commonly use installment and personal loans for needs like car repairs, medical or dental bills, home fixes, moving costs, debt consolidation, or unexpected emergencies. Each lender decides the loan amount, rate, and repayment schedule it offers.
How It Works
- ✓ Share a few details about what you're looking for
- ✓ We connect you with lenders in our network
- ✓ The lender reviews your request and any offer
- ✓ You decide whether to move forward with the lender
- ✓ SET Financial is never a party to your loan
Who the Network Works With in Maryland
Bad credit
Some lenders in our network consider more than a credit score. You can request a match with bad credit, though approval and terms are always up to the lender.
Thin or no credit
Limited or no credit history does not automatically rule you out. Certain lenders weigh income and other factors, but they alone decide whether to approve.
Self-employed or 1099 income
If you earn 1099 or self-employed income, you may be asked for bank statements or other proof. Each lender sets its own documentation and eligibility rules.
Fixed income
Borrowers on Social Security, disability, retirement, or other fixed income can apply. Lenders review your ability to repay before making any decision.
Maryland Rates and Your Protections
Consumer and installment lending in Maryland is overseen by the Maryland Office of Financial Regulation. The Maryland Consumer Loan Law caps interest on small consumer loans, and Commercial Law Section 12-306 limits licensed consumer lenders to specific tiered rates on loans of $6,000 or less. Lenders that make covered loans to Maryland residents must be licensed by the state. SET Financial is not a lender and does not set rates. All rates, fees, and terms are set solely by the third-party lender that approves your request.
Before you sign, confirm the lender is licensed with the Maryland Office of Financial Regulation and review the exact APR, fees, and payment schedule on your loan agreement.
Regulator: Maryland Office of Financial Regulation (part of the Maryland Department of Labor).
Serving Borrowers Across Maryland
The lender network works with residents statewide, including:
Baltimore · Columbia · Germantown · Frederick · Waldorf · Silver Spring · Glen Burnie · Ellicott City
Common questions
Quick answers. For more, see our full FAQ page.
Does SET Financial lend money in Maryland?
No. SET Financial is a loan matching service, not a lender, and is not a licensed lender in Maryland. We connect you with third-party lenders who make all credit decisions and set all rates and terms.
Who regulates installment and consumer loans in Maryland?
The Maryland Office of Financial Regulation, part of the Maryland Department of Labor, oversees consumer and installment lending. Lenders making covered loans to Maryland residents must be licensed by the state.
What are the interest rate rules in Maryland?
The Maryland Consumer Loan Law caps interest on small consumer loans, and Commercial Law Section 12-306 sets tiered limits for licensed consumer lenders on loans of $6,000 or less. Your actual APR is set by the lender and shown on your agreement.
Can I get matched with bad or thin credit in Maryland?
You can submit a request with bad, thin, or no credit. Some lenders look beyond credit scores, but approval is never guaranteed and every decision is made by the lender.
How do I confirm my lender is legitimate in Maryland?
Check that the lender is licensed with the Maryland Office of Financial Regulation and carefully review the APR, fees, and repayment schedule on your loan agreement before signing.