Havre de Grace at a glance
- Population: a Census-estimated 15,032, placing it 19th among Maryland's 157 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 14,805 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: roughly 1.5% higher than at the 2020 Census (US Census Bureau).
- Rank among Maryland places: 19th-largest of 157 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 88% of Maryland's Census places are smaller (US Census Bureau).
- Coordinates: 39.5466 / -76.1136, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Aberdeen, MD (4 mi); Elkton, MD (16 mi); Newark, DE (21 mi); Middletown, DE (22 mi); Baltimore, MD (32 mi) (US Census Bureau).
- Nearest smaller communities: Perryville, MD (3 mi); Port Deposit, MD (5 mi); Charlestown, MD (7 mi), each a US Census place.
What a personal loan costs in Havre de Grace
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Maryland lending rules that apply in Havre de Grace
Read the table as the compliance picture for a lender serving Havre de Grace: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Regulated 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 licensing | Consumer 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 |
| State lending regulator | Office 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 |
| OFR consumer-loan interest-rate limits | 2.75%/month (33%/yr) on the first $1,000 of a loan ≤$2,000; 2%/month (24%/yr) thereafter and on loans over $2,000 Source says: "Maximum interest rate allowed by law is 2.75% per month or an annual interest rate of 33%" | Maryland Department of Labor, Office of Financial Regulation as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 24% per year effective simple interest for qualifying loans (Md. Code Com. Law § 12-103(c)); otherwise 8% (written agreement) or 18% Source says: "a lender may charge an effective rate of simple interest not in excess of 24 percent per year on the unpaid principal balance" | Maryland General Assembly as of 2026-09-16 |
How to compare offers in Havre de Grace
These steps are the ones that most affect the offer you receive in Havre de Grace:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Maryland using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.