Personal loans in Washington Grove, MD

Personal loans in Washington Grove are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 500 population. With 500 residents, Washington Grove outranks about 21% of the communities in Maryland.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

If debt is already a strain, a nonprofit credit counsellor can help Washington Grove residents before they take on more. From the 2020 Census base to the 2023 estimate, the population declined by about 0.8%. A single loan can carry different costs on either side of a state line, and Washington Grove sits on the Maryland side of that line. The next larger city is Gaithersburg, MD about 1 miles away.

Washington Grove: population, trend and location

Here is the sourced Census picture for Washington Grove, plus the Maryland lending rules that apply to a loan taken out here.

How lenders reach Washington Grove

With about 1,488 residents per square mile, Washington Grove is moderately settled, and 107 larger Census places sit within 50 miles. Whether Washington Grove has a local branch or not, a Maryland-licensed lender can serve its 500 people online on the same terms. For a larger market, the closest option is Gaithersburg, MD about 1 miles away.

What shapes a Washington Grove personal loan

In Washington Grove, a small community of about 500, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Washington Grove lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Washington Grove loan is knowable in advance — unlike a revolving card balance.

Where Washington Grove sits in Maryland

Against Maryland's other places, Washington Grove accounts for about 0.0% of the state's population and ranks 124th of 157 by size. For population change between 2020 and 2023, Washington Grove ranks 92nd of 157 in Maryland (about the 41th percentile). At about 1,488 people per square mile, Washington Grove is the 93rd most densely settled place in Maryland. In land area, Washington Grove ranks 125th among Maryland's 157 places.

How Maryland law applies in Washington Grove

These are Maryland's sourced lending facts as they reach Washington Grove's 500 residents; the state has no city-level rate rule.

RuleDetailSource
State lending regulatorOffice of Financial Regulation; Commissioner of Financial Regulation (Maryland Department of Labor)
Source says: "is Maryland's consumer financial protection agency and financial services regulator"
Maryland Department of Labor
as of 2026-09-16
Payday lending statusRegulated as consumer loans: licensing and statutory interest-rate limits apply to payday-style loans (OFR)
Source says: "they are prohibited from charging or receiving an interest rate that is greater than authorized by the laws of this State"
Maryland Department of Labor, Office of Financial Regulation
as of 2026-09-16
Small-loan / installment lender licensingConsumer Lender license required to make loans under the Maryland Consumer Loan Law (Com. Law § 12-301 et seq.)
Source says: "A Consumer Lender is a business that makes any loan or advance of money or credit under the Maryland Consumer Loan Law"
Maryland Department of Labor, Office of Financial Regulation
as of 2026-09-16

Washington Grove: area, density and distance

Washington Grove's land area is roughly 0.3 square miles, and the Gazetteer records no significant water area within it. The resulting density is about 1,488 people per square mile. For the state's biggest city, Baltimore, the distance is roughly 32 miles. Washington Grove has 107 larger places within a 50-mile radius. Within the same 50 miles lie 13 smaller Census places.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Washington Grove if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Washington Grove is the same as anywhere in Maryland.
What loan size can I expect in Washington Grove?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Washington Grove?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Washington Grove cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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