§ 12–1504

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 12-1504 (2026)

Title 12. Credit Regulations

Subtitle 15. Earned Wage Access

A provider of earned wage access may not:

(1)

Share with an employer any charges received from a consumer for earned wage access;

(2)

Solicit or charge a tip;

(3)

Condition a consumer’s ability to obtain earned wage access on the consumer’s ability or willingness to pay the provider a tip;

(4)

Charge a consumer a late fee, interest, or other penalty for failure to pay any proceeds or fees;

(5)

Report any information about a consumer’s failure to pay any proceeds or fees to any consumer reporting agency;

(6)

Obtain a consumer’s credit report as a method of qualifying the consumer for earned wage access;

(7)

Receive interest from a consumer; or

(8)

Compel or attempt to compel payment by a consumer of any proceeds, fees, tips, gratuities, or other donations through:

(i)

A civil action against the consumer;

(ii)

The use of a third party to pursue collection from the consumer on the provider’s behalf; or

(iii)

The sale or assignment of outstanding amounts to a third–party collector or debt buyer for collection from the consumer.