# Maryland — State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements

For Maryland, statute citation is H 1294; product classification is Subjects certain earned wage access products to the state Consumer Loan Law; licensing requirement is provides for the licensing or registration of certain entities offering earned wage access products with certain exemptions; fee caps is limits the costs and fees associated, recorded from its source on 2026-08-17.

- **state:** Maryland
- **statute citation:** H 1294
- **product classification:** Subjects certain earned wage access products to the state Consumer Loan Law _(verified: appears in the quote below)_
- **licensing requirement:** provides for the licensing or registration of certain entities offering earned wage access products with certain exemptions _(verified: appears in the quote below)_
- **fee caps:** limits the costs and fees associated _(verified: appears in the quote below)_

## What the source says

> Earned Wage Access and Credit Modernization | Pending | Subjects certain earned wage access products to the state Consumer Loan Law and other provisions that regulate entities that provide consumer credit, revolving credit, and closed end credit; restricts the acceptance of tips by certain lenders under certain circumstances; provides for the licensing or registration of certain entities offering earned wage access products with certain exemptions; regulates earned wage access service agreements; limits the costs and fees associated.

## Source

- https://www.ncsl.org/financial-services/earned-wage-access-2025-legislation

Last verified: 2026-08-17. Review by: 2027-02-13.
Part of [State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements](https://referencesource.org/state-earned-wage-access-regulations/).