Personal loans in Barton, MD

For a borrower in Barton, Maryland, a personal loan can be a reasonable tool or a costly one, and the terms decide which. An estimated 458 people make their home in Barton, a figure that ranks 128th in Maryland. The 2020 count to the 2023 estimate shows about 1.5% decline. State law, not city hall, decides what a lender may do in Maryland, and a state regulator supervises it; the source is named below. Price two or three terms so you can see which payment is truly affordable. The nearest larger metro is Lonaconing, MD about 3 miles away.

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

Compare loan offers Run the numbers first

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.

Borrowing in Barton: the local picture

Two layers matter for a Barton borrower: the local population picture and Maryland's consumer-lending statutes.

Population: about 458 people live here, which puts Barton 128th of 157 Census places in Maryland (Vintage 2023).
Population trend: The 2020-to-2023 change is negative, near 1.5%.
Size percentile: roughly 18% of Maryland's places have fewer residents.
Location: coordinates 39.5323, -79.0168 (US Census Bureau Gazetteer).
Nearest larger cities: Lonaconing (3 mi); Westernport (3 mi); Piedmont (4 mi); Midland (5 mi); Keyser (7 mi). A branch is convenient; it is not what sets your APR.
Nearest smaller places: Luke (4 mi); Elk Garden (13 mi); Kitzmiller (13 mi).

What Maryland law requires in Barton

This table holds the Maryland rate and licensing rules for consumer loans made in Barton.

Rule	Detail	Source
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
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

What a Barton personal loan looks like

Two numbers drive a Barton personal loan: the APR, which includes fees, and the term, which decides how long you keep paying. Deciding what the loan is for, and what you will do differently afterward, matters more than the headline rate. Read the full disclosure before signing; the written terms are the ones that count.

A pre-application checklist for Barton

Before you apply in Barton, complete these steps:

Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
Price the payment first with our personal loan calculator before any lender quotes you.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Confirm the lender holds a Maryland licence by checking the regulator named above.
Read the disclosure for an origination fee and any prepayment penalty before signing.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Barton 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 Barton is the same as anywhere in Maryland.

What loan size can I expect in Barton?

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 Barton?

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 Barton 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.

Nearby places

Lonaconing, MD — population 984
Westernport, MD — population 1,777
Piedmont, WV — population 701
Luke, MD — population 82
Midland, MD — population 478
Keyser, WV — population 4,843
Frostburg, MD — population 6,963
Elk Garden, WV — population 207