The payday loan laws in Hawaii are a bit on the lenders site.
They allow for 15% interest on the face of the check and lead to very high annual interest rates.
You can take out a payday loan in Hawaii for up to 31 days and roll overs are allowed within this time frame.
Of course all fees apply to each roll over.
One must remember a roll over of a payday loan is just like a loan renewal, and a roll over fee usually always applies.
Total loan amounts in Hawaii are up to $600.00 maximum
Many people are getting into trouble simply because the average roll over of a payday loan is 4 to 5 times before the payment in full of the loan is made, so this state does help by limiting the time frame to 31 days on roll overs.
The best way to deal with payday loans and Hawaii debt laws is to not deal with them at all, or not take one out.
If you find you do need to get one, be sure you can pay the loan off in full on the due date. This is the only way to avoid finding yourself in the payday loan trap.
We can help!
If you find yourself in need of help with payday loan debt in Hawaii or any other state we can help.
We offer a way to get the loan companies to work with us in setting you up with low bi-monthly or monthly payments that help free up your paychecks for other obligations.
Please check out our Payday Loan Repayment Plan or call us at 1-877-280-5100 for more information on how we can help you!