I took out a loan online on the website. The application was approved without delay, and the funds were credited to my account within an hour. It is convenient to use, and the loan application process is intuitive.
I have contacted Cash Loans Bear several times already for financial assistance, and no problems have arisen. The office is conveniently located, and the staff is polite.
I filled out the application — the decision came quickly, and I received the money the same day. It’s nice that there’s no need to run around banks; everything can be done online. I received an installment loan for 6 months, which reduced the burden on my budget.
A good legitimate loan company where I took out a payday loan last month. They processed everything for me promptly and without a bunch of documents, despite my bad credit history. The staff is pleasant.
Cash Loans Bear in Silver Spring, MD, offers small personal loans without a mandatory credit check. The company reviews 100% of applications and approves most of them. Credit history is not the deciding factor; the main factor is your ability to repay. Our lending solutions are suitable for both short-term and long-term financial needs.
Our office is located in the center of Silver Spring, near Downtown Silver Spring and Colesville Rd (MD-29). We are happy to help city residents, since we live here ourselves. Our friendly staff will provide full information about the loan terms so that you feel confident.
Sources: Maryland Department of Legislative Services1, Maryland General Assembly3.
You can apply for an installment loan of up to $5,000. Consumer lending in Maryland is overseen by the Maryland Office of Financial Regulation, which sets licensing requirements and rate caps. The exact amount we can offer you will depend on your creditworthiness, your income, and your existing debt.
Apply online in just a few minutes.
Submit your application and receive a quick decision.
Get funds sent directly to your debit card or bank account.
Additional documents may be required.
For more information about identification and lending requirements, visit the Consumer Financial Protection Bureau.
Access to lending 24/7. You can submit a loan application even at night.
Simple application procedure. Filling out the form takes 10 minutes, and you can receive the money the same day.
Customer support at every stage. Our specialists are available to answer any questions.
Transparency of terms. All rates, terms, and fees are stated in advance with no hidden charges.
Earned wage access apps work like a payday advance on your next paycheck. Maryland now treats certain of these products as loans1.
$108.182
Average advance in Maryland
$1.99–$52
Fee range per transaction
23%2
Of users take an advance at least every two weeks
In a market study, Maryland’s financial regulator counted 11,141,090 cash advance transactions worth $108,082,684 from 345,437 Maryland customers. At least 3 providers charged the equivalent of more than 100% APR2.
Earned wage access providers must be licensed to operate in Maryland4. A provider that charges a fee must also offer at least one no-cost option and explain how to choose it3.
Providers and lenders may not ask for or accept tips. Any tip received must be returned within 7 days, and providers must tell you they are barred from taking tips3.
Before you use an app, add up every fee you would pay on repeat advances, including fees for faster delivery.
Sources: Maryland Department of Legislative Services1, Maryland Department of Labor2, Maryland General Assembly3, Maryland Office of Financial Regulation4.
Payday loans aren’t legal in Maryland, but you can still apply for an installment loan with a low credit score. Cash Loans Bear doesn’t run a hard credit check, so your credit history isn’t the main factor in the decision. What matters most is meeting the basic requirements and having enough income to repay the loan. Read more about how income-based loans work.
Funds become available on the next business day after the application is approved. However, if you want to receive the funds on the same day you apply, you must complete the loan process before 10:00 AM local time on a business day. Instant cash payments are available only to borrowers who take out the loan in the office and repay it by check.
Loans through Cash Loans Bear are for personal expenses, so business loans aren’t available here. For business funding, Montgomery County’s microloan program offers County residents loans from $500 to $15,000 through two partner lenders, the Latino Economic Development Corporation (LEDC) and Life Asset. The two lenders made 62 microloans in 2025, and borrowers also take part in their training and technical assistance5. The County also runs a Purple Line grant program for small businesses on Bonifant Street and Piney Branch Road affected by light-rail construction. It paid $433,200 in 2025, with grants of up to $1,800 a month based on rent5. You can see all County options on the Montgomery County business financing page.
Maryland Department of Legislative Services
Fiscal and Policy Note: House Bill 237, Commercial Law – Earned Wage Access – Revisions — state loan interest caps. January 2026.
Maryland Department of Labor
Testimony on House Bill 1294 — cash advance app costs. March 2025.
Maryland General Assembly
Senate Bill 94: Commercial Law – Earned Wage Access – Revisions — tip ban and app rules. 2026.
Maryland Office of Financial Regulation
Annual Report for Fiscal Year Ended June 30, 2025 — lender license counts. 2025.
Montgomery County Department of Finance
Economic Development Fund Annual Report, Calendar Year 2025 — county microloans and grants. March 2026.
