Hawaii Federally Related Any First Subject to state law limitations HAW. REV. STAT. § Mortgage Loans (West 2012) Consumer Credit Any Second ≤ 1% simple interest per month, or HAW. REV. STAT. § Transaction ≤ 12% simple interest per year (West 2012) But see § 478-8 for exceptions to this limitation Consumer Credit ≤ $250,000 None ≤ 1% simple interest per month, or HAW. REV. STAT. § Transaction ≤ 12% simple interest per year (West 2012) But see § 478-8 for exceptions to this limitation Home Business ≤ $250,000 Second ≤ 1% simple interest per month, or HAW. REV. STAT. § Loan ≤ 12% simple interest per year (West 2012) But see § 478-8 for exceptions to this limitation Consumer Credit Any Any ≤ 2% simple interest per month, or HAW. REV. STAT. § Transaction by a ≤ 24% simple interest per year (West 2012) Financial Institution regulated under Chapter 412 Simple Interest Any Any ≤ 24% per year HAW. REV. STAT. § Loan by a (West 2012) Financial Services Loan Company Precomputed Any Any ≤ 24% per year HAW. REV. STAT. § Loan by a (West 2012) Financial Services Loan Company with maturity ≤ 48 months Precomputed Any Any ≤ 14% a year for 1st 18 months HAW. REV. STAT. § Loan by a + 10.5% per year for the next 12 months (West 2012) Financial Services + 7% per year for the next 12 months Loan Company + 4% per year for the last 6 months of loan term
Hawaii Federally Related Mortgage Loans Any First Subject to state law limitations HAW. REV. STAT. § (West 2012) Consumer Credit Transaction Any Second ≤ 1% simple interest per month, or ≤ 12% simple interest per year But see § 478-8 for exceptions to this limitation HAW. REV. STAT. § (West 2012) Consumer Credit Transaction ≤ $250,000 None ≤ 1% simple interest per month, or ≤ 12% simple interest per year But see § 478-8 for exceptions to this limitation HAW. REV. STAT. § (West 2012) Home Business Loan ≤ $250,000 Second ≤ 1% simple interest per month, or ≤ 12% simple interest per year But see § 478-8 for exceptions to this limitation HAW. REV. STAT. § (West 2012) Consumer Credit Transaction by a Financial Institution regulated under Chapter 412 Any Any ≤ 2% simple interest per month, or ≤ 24% simple interest per year HAW. REV. STAT. § (West 2012) Simple Interest Loan by a Financial Services Loan Company Any Any ≤ 24% per year HAW. REV. STAT. § (West 2012) Precomputed Loan by a Financial Services Loan Company with maturity ≤ 48 months Any Any ≤ 24% per year HAW. REV. STAT. § (West 2012) Precomputed Loan by a Financial Services Loan Company Any Any ≤ 14% a year for 1st 18 months + 10.5% per year for the next 12 months + 7% per year for the next 12 months + 4% per year for the last 6 months of loan term HAW. REV. STAT. § (West 2012)