Personal loans in Trappe, MD
An estimated 1,345 people make their home in Trappe, a figure that ranks 89th in Maryland. Personal loans in Trappe are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 1,345 population. Trappe gained roughly 14.2% in population across the 2020-to-2023 comparison. Verify the lender's Maryland licence against the regulator named below before borrowing in Trappe. A lender that serves Trappe operates under Maryland lending statutes and a Maryland supervisor. The nearest larger metro is Cambridge, MD about 8 miles away.
The Trappe data picture
Trappe is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: a Census-estimated 1,345, 89th among Maryland's 157 places (Vintage 2023).
- Population trend: Growth of about 14.2% across the 2020-to-2023 comparison.
- Net change: roughly 167 more people than the 2020 Census counted.
- Size percentile: roughly 43% of Maryland places rank below Trappe.
- Population density: about 501 people per square mile across 2.7 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area rank: Trappe's 2.7 square miles rank 43rd of 157 places in Maryland.
- Share of Maryland: Trappe holds about 0.1% of the state's population, some 1,345 people.
- National standing: Trappe ranks 9,121st of 19,457 US places.
- Growth rank: Trappe's 2020-to-2023 change ranks 2nd of 157 places in Maryland.
- Against the state trend: Trappe's 14.2% change compares with a Maryland average of +0.7% across its 157 places.
- Density rank: Trappe places 140th among Maryland's places by people per square mile.
- Against the state median: Trappe runs about 501 residents per square mile, where the Maryland median is 1,734.
- Location: 38.6635, -76.0519 (Census Gazetteer coordinates).
- Nearest larger cities: Cambridge (8 mi); Easton (8 mi); Hurlock (10 mi); Federalsburg (15 mi); Denton (19 mi). Online lenders reach Trappe no matter how far the nearest branch is.
- Smaller communities close by: Oxford (6 mi); Secretary (7 mi); East New Market (8 mi), each with its own Census population profile.
- Smaller neighbours: 50 places smaller than Trappe sit within 50 miles.
- Larger places within 100 miles: 247.
Trappe: area, density and distance
Trappe's land area is roughly 2.7 square miles, and the Gazetteer records no significant water area within it. That land carries about 501 people per square mile. Baltimore, the largest place in Maryland, is about 53 miles from Trappe. Trappe has 48 larger places within a 50-mile radius. Within the same 50 miles lie 50 smaller Census places.
Maryland rules behind a Trappe personal loan
This table holds the Maryland rate and licensing rules for consumer loans made to Trappe's 1,345 residents.
| 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 |
How Trappe compares across Maryland
Within Maryland, Trappe holds roughly 0.1% of all residents, the 89th-largest share among 157 places. Its 2020-to-2023 change ranks 2nd of 157 Maryland places, putting it near the 99th percentile for growth. By density, at about 501 people per square mile, it ranks 140th in Maryland. In land area, Trappe ranks 43rd among Maryland's 157 places.
How personal loans work in Trappe
Trappe is a small community of about 1,345 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Trappe. A longer term lowers the monthly payment on a Trappe loan but raises total interest, so the smallest payment is not the cheapest loan.
Getting a loan in Trappe
At roughly 501 people per square mile, Trappe is moderately settled; 48 larger places lie within 50 miles. A Maryland licence lets a lender serve Trappe without a local office, so branch density does not change what its 1,345 residents are offered. The nearest bigger place is Cambridge, MD about 8 miles away.
Common questions
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Nearby places
- Cambridge, MD — population 13,176
- Easton, MD — population 17,225
- Secretary, MD — population 469
- Oxford, MD — population 600
- East New Market, MD — population 400
- Preston, MD — population 676
- Hurlock, MD — population 2,085
- Church Creek, MD — population 104