Personal loans in Federalsburg, MD

With an estimated 2,804 residents, Federalsburg is the 63rd-largest of 157 places in Maryland. A 2020-to-2023 comparison shows Federalsburg down by about 1.0%. A personal loan in Federalsburg is priced from your credit file and income, not from the fact that the city holds 2,804 people. A lender that serves Federalsburg operates under Maryland lending statutes and a Maryland supervisor. Pull your credit reports and line up at least three offers before you apply from Federalsburg. The closest larger city is Seaford, DE about 9 miles away.

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

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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 Federalsburg: the local picture

Read the local figures below as context; read the sourced Maryland table as the rulebook a lender here must follow.

Population: a Census-estimated 2,804, 63rd among Maryland's 157 places (Vintage 2023).
Population trend: Roughly 1.0% fewer residents than the 2020 Census counted.
People gained or lost: about 28 fewer since the 2020 base.
Size percentile: Federalsburg sits ahead of around 60% of Maryland places, at 2,804 people.
Population density: 1,453 people per square mile on 1.9 square miles of land.
Land area: Federalsburg covers 1.9 square miles, the 51st-largest area among Maryland's 157 places.
Water area rank: Federalsburg ranks 28th among Maryland's 157 places, with 0.06 sq mi.
Share of state population: Federalsburg's 2,804 residents are about 0.2% of Maryland.
National standing: Federalsburg ranks 6,489th of 19,457 US places.
Growth in Maryland: Federalsburg stands 99th by percentage change from 2020 to 2023, among 157 places.
Against the state trend: Federalsburg's 1.0% change compares with a Maryland average of +0.7% across its 157 places.
Density in Maryland: Federalsburg ranks 97th by people per square mile.
Against the state median: Federalsburg runs about 1,453 residents per square mile, where the Maryland median is 1,734.
Location: 38.6923 / -75.7725, per the US Census Bureau Gazetteer.
Nearest larger cities: Seaford (9 mi); Bridgeville (9 mi); Denton (13 mi); Laurel (14 mi); Easton (17 mi). A branch is convenient; it is not what sets your APR.
Smaller communities within reach: Hurlock (7 mi); Preston (7 mi); Eldorado (8 mi).
Within a 50-mile radius: 69 smaller Census places.
At 100 miles: 177 larger Census places fall inside that radius.

Maryland consumer-lending rules applied in Federalsburg

Read the table as a lender's compliance picture for Federalsburg: the rule, the sourced figure, the publisher and the date.

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
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
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

The Federalsburg borrowing checklist

Before you hand your details to a lender in Federalsburg, where the population is near 2,804:

Pull your credit reports first and correct any error before a lender sees the file.
Run the numbers on the personal loan calculator so you know the payment before you apply.
Collect three or more offers and compare them on APR, not on the advertised rate.
Verify the lender's Maryland licence with the regulator listed on this page.
Keep the amount to the expense; an approval is not a reason to take more.
Decide the purpose and how you will repay it before approaching any lender.
If the balances are already a strain, seek nonprofit credit counselling before adding a loan.

What differs between Federalsburg and the rest of Maryland is not the process but the borrower's own file, among the 2,804 people here.

The anatomy of a Federalsburg personal loan

In Federalsburg, a small community of about 2,804, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Federalsburg's 2,804 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Federalsburg loan but raises total interest, so the smallest payment is not the cheapest loan.

What is available to Federalsburg borrowers

With about 1,453 residents per square mile, Federalsburg is moderately settled, and 30 larger Census places sit within 50 miles. Whether Federalsburg has a local branch or not, a Maryland-licensed lender can serve its 2,804 people online on the same terms. The nearest larger city, Seaford, DE about 9 miles away.

The geography behind Federalsburg

The Census Gazetteer records 1.9 square miles of land and 0.06 square miles of water within Federalsburg. Spread across it are roughly 1,453 residents per square mile. For the state's biggest city, Baltimore, the distance is roughly 62 miles. Within 50 miles of Federalsburg there are 30 larger Census places. The 100-mile radius contains 177 larger places.

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Common questions

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

What loan size can I expect in Federalsburg?

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 Federalsburg?

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 Federalsburg 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

Eldorado, MD — population 46
Hurlock, MD — population 2,085
Brookview, MD — population 47
Preston, MD — population 676
Galestown, MD — population 114
Seaford, DE — population 8,735
Sharptown, MD — population 698
Bridgeville, DE — population 2,829