Personal loans in Frostburg, MD
Two households in Frostburg with comparable incomes can still be offered different rates; the city's 6,963 residents are not the reason. About 6,963 people live in Frostburg, placing it 30th of 157 Census places in Maryland. The closest larger place is Cumberland, MD about 9 miles away. Frostburg shed about 0.9% of its population between the 2020 base and the 2023 estimate. A lender that serves Frostburg operates under Maryland lending statutes and a Maryland supervisor. Rate-shopping from Frostburg costs nothing at pre-qualification, where a soft pull leaves your credit file alone.
Frostburg: population, trend and location
What follows is Frostburg's place in the Census record, alongside the Maryland rules that govern a personal loan made here.
- Population: an estimated 6,963 residents, 30th of 157 places in Maryland (Census Vintage 2023 subcounty estimate).
- Population trend: Roughly 0.9% fewer residents than the 2020 Census counted.
- Net change: roughly 65 fewer people than the 2020 Census counted.
- Size percentile: Frostburg sits ahead of around 81% of Maryland places, at 6,963 people.
- Population density: about 2,082 people per square mile across 3.3 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area rank: Frostburg's 3.3 square miles rank 30th of 157 places in Maryland.
- Share of Maryland: Frostburg holds about 0.5% of the state's population, some 6,963 people.
- National rank: Frostburg sits 3,999th by population among the 19,457 places in this dataset.
- Growth rank: Frostburg ranks 96th among Maryland's 157 places for the 2020-to-2023 change.
- Versus Maryland: the state average change is +0.7%, while Frostburg moved 0.9%.
- Density in Maryland: Frostburg ranks 68th by people per square mile.
- Density vs Maryland: Frostburg's 2,082 people per square mile compare with a state median of 1,734.
- Location: 39.6505 / -78.9268, per the US Census Bureau Gazetteer.
- Nearest larger cities: Cumberland (9 mi); Uniontown (46 mi); Johnstown (47 mi); Latrobe (52 mi); Winchester (52 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Nearest smaller towns: Midland (4 mi); Lonaconing (6 mi); Wellersburg (7 mi) — useful context for the surrounding area.
- Smaller places within 50 miles: 103 of them.
- Larger places within 100 miles: 66.
What is available to Frostburg borrowers
With about 2,082 residents per square mile, Frostburg is fairly dense, and 3 larger Census places sit within 50 miles. Lenders licensed in Maryland reach Frostburg's 6,963 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Cumberland, MD about 9 miles away.
Frostburg on the map
Frostburg covers about 3.3 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 2,082 residents per square mile. The largest place in Maryland, Baltimore, lies about 126 miles away. Within 50 miles of Frostburg there are 3 larger Census places. By land area it ranks 30th of 157 Maryland places.
How Frostburg compares across Maryland
Frostburg is the 30th-largest of 157 Census places in Maryland and contains about 0.5% of the state's people. On the 2020-to-2023 trend, Frostburg stands 96th among Maryland's 157 places — roughly the 39th percentile. At about 2,082 people per square mile, Frostburg is the 68th most densely settled place in Maryland. In land area, Frostburg ranks 30th among Maryland's 157 places.
Before you apply in Frostburg
Complete these steps first when you borrow in Frostburg (6,963 residents):
- Pull your credit reports first and correct any error before a lender sees the file.
- Model the payment on the calculator before a lender models it for you.
- Gather at least three pre-qualified offers and line up the APR, not the headline rate.
- Confirm the Maryland licence with the regulator named above before committing.
- Choose a term you can live with; stretching it lowers the payment but raises total interest.
- Borrow only what the purpose requires, not the maximum you are offered.
- Write down the purpose of the loan and your repayment plan before you apply.
The process is identical across Maryland; what changes is your credit file, not the fact that Frostburg holds 6,963 people.
Maryland consumer-lending rules applied in Frostburg
When Maryland does not publish a figure, the row links to the source instead of inventing a number; Frostburg is bound by the same rules.
| 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 |
| 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 |
Common questions
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Nearby places
- Midland, MD — population 478
- Lonaconing, MD — population 984
- Wellersburg, PA — population 208
- Carpendale, WV — population 847
- Barton, MD — population 458
- Callimont, PA — population 53
- Ridgeley, WV — population 577
- Cumberland, MD — population 18,751