What is the maximum late fee allowed for credit cards in Maryland?

In Maryland, the maximum late fee that credit card issuers can charge is $15 for the first late payment and $30 for any subsequent late payments within a six-month period. These fees must be clearly disclosed in the credit card agreement. It's important for cardholders to review their agreements, as issuers may have different policies within these limits. Always check for any updates or changes in regulations that may affect these fees.