Personal loans in Chevy Chase Section Five, MD
Chevy Chase Section Five is a small community of about 663 residents, and a personal loan taken out here is governed by Maryland statute. Population in Chevy Chase Section Five dropped about 1.3% over the three years from 2020 to 2023.
By population, Chevy Chase Section Five sits at 115th in Maryland, with an estimated 663 residents. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Chevy Chase Section Five loan. For the 663 people in Chevy Chase Section Five, Maryland runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. A larger market lies at Chevy Chase Section Three, MD about 0 miles away.
Local context for Chevy Chase Section Five
Chevy Chase Section Five is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: the Census counts 663 residents in Chevy Chase Section Five (Vintage 2023 subcounty estimate), the 115th-largest figure among Maryland's 157 places.
- Population trend: About 1.3% below the 2020 Census base.
- People gained or lost: about 9 fewer since the 2020 base.
- Size percentile: bigger than about 27% of the places in Maryland, with 663 residents in Chevy Chase Section Five.
- Population density: about 6,196 people per square mile across 0.1 square miles of land (Census Gazetteer area, Vintage 2023 population).
- By land area: Chevy Chase Section Five ranks 152nd among Maryland's 157 places, at 0.1 sq mi.
- State population share: Chevy Chase Section Five accounts for about 0.0% of everyone in Maryland.
- National rank: Chevy Chase Section Five sits 12,020th by population among the 19,457 places in this dataset.
- Growth rank: Chevy Chase Section Five's 2020-to-2023 change ranks 112th of 157 places in Maryland.
- Against the state trend: Chevy Chase Section Five's 1.3% change compares with a Maryland average of +0.7% across its 157 places.
- Density rank: Chevy Chase Section Five places 13th among Maryland's places by people per square mile.
- Density in context: Chevy Chase Section Five's 6,196 people per square mile sit against a Maryland median of 1,734.
- Location: 38.9840, -77.0740 (Census Gazetteer coordinates).
- Nearest larger cities: Chevy Chase Section Three (0 mi); Martin's Additions (0 mi); Chevy Chase (1 mi); Chevy Chase Village (1 mi); North Chevy Chase (1 mi). Online lenders reach Chevy Chase Section Five no matter how far the nearest branch is.
- Nearest smaller towns: Glen Echo (4 mi); North Brentwood (7 mi); Washington Grove (12 mi) — useful context for the surrounding area.
- Smaller neighbours: 18 places smaller than Chevy Chase Section Five sit within 50 miles.
- Larger places within 100 miles: 281.
Which Maryland laws govern a loan in Chevy Chase Section Five
These are Maryland's sourced lending facts as they reach Chevy Chase Section Five's 663 residents; the state has no city-level rate rule.
| 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 |
| 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 |
Where Chevy Chase Section Five sits in Maryland
Set beside Maryland's 157 places, Chevy Chase Section Five ranks 115th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Chevy Chase Section Five ranks 112th of 157 in Maryland (about the 29th percentile). Its roughly 6,196 residents per square mile place it 13th among Maryland's places. The population moved by about 9 people between 2020 and 2023, a 1.3% shift.
Borrowing reach in Chevy Chase Section Five
With about 6,196 residents per square mile, Chevy Chase Section Five is densely built, and 88 larger Census places sit within 50 miles. A Maryland licence lets a lender serve Chevy Chase Section Five without a local office, so branch density does not change what its 663 residents are offered. For a larger market, the closest option is Chevy Chase Section Three, MD about 0 miles away.
A pre-application checklist for Chevy Chase Section Five
For Chevy Chase Section Five's roughly 663 residents, these are the steps that most influence the offer:
- Start with the credit file: order the reports, fix the errors, then apply.
- Model the payment on the calculator before a lender models it for you.
- Line up several pre-qualified offers and let the APR decide.
- Confirm the lender holds a Maryland licence by checking the regulator named above.
- Decide the purpose and how you will repay it before approaching any lender.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
- Read the disclosure for an origination fee and any prepayment penalty before signing.
None of these steps is Chevy Chase Section Five-specific: the same Maryland licensing and disclosure rules reach all 663 residents.
Chevy Chase Section Five on the map
The Census Gazetteer records about 0.1 square miles of land within Chevy Chase Section Five, with no significant water area listed. That land carries about 6,196 people per square mile. Baltimore, the largest place in Maryland, is about 33 miles from Chevy Chase Section Five. Within 50 miles of Chevy Chase Section Five there are 88 larger Census places. The 100-mile radius contains 281 larger places.
Common questions
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Nearby places
- Chevy Chase Section Three, MD — population 791
- Martin's Additions, MD — population 931
- Chevy Chase, MD — population 2,866
- Chevy Chase Village, MD — population 2,027
- North Chevy Chase, MD — population 676
- Somerset, MD — population 1,177
- Chevy Chase View, MD — population 996
- Kensington, MD — population 2,108