Hawaii Payday Loan Laws
 | Max Term of Payday Loan: | 32 days | | Max Fees and Finance Charges: | 15% | | Maximum Loan Amount: | $600 | | Number of Rollovers: | None (cannot refinance or consolidate) | | Outstanding loans allowed at one time: | 1 | | Cool-off period: | Not specified | | Military Protection: | Not specified | | Payment Plan: | Not specified | | Limits on collection and presentment: | Not specified | | Collection fees: | $20 NSF fee; Check Casher that accepts check passed on insufficient funds not entitled to recover damages | | Presentment Limit: | Not specified | | Penalties: | Civil Fines, Suspension or revocations of license; Cease and Desist Order; Criminal | | Private right of action: | Yes |
Hawaii Payday Loan Laws:
Hawaii passed statutes specifically authorizing payday lending. The interest rates and fees that lenders are permitted to charge amount to very large annual percentage rates. H.C.R. 172 authorizes a review of the registration of payday lenders.
| Payday Loan Laws: |
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