Hawaii Small Dollar Installment Loan Collection Check

Live. Collecting a Hawaii small-dollar loan? HRS 480J: unlicensed = void, nothing collectable; licensed capped at $1,500, 36%, $35/mo fee; payday repealed.

Collecting a Hawaii small-dollar, online or payday-style loan made since 2022? Checks each loan and contact against HRS ch. 480J (Act 56, SLH 2021): a loan by an unlicensed installment lender is void with no principal, interest or fees collectable; licensed loans are capped at $1,500, 36% interest (480J-4(a)), a $35 maximum monthly maintenance fee and total charges of 50% of principal, with no origination or deferment fees. Payday was repealed in 2022. Flags collecting void or unauthorized amounts (FDCPA 1692e(2)(A), 1692f(1)) and arrest threats. Not legal advice.

Price: $0.001 per call after 1,000 free per month.

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