The Best Loans in Hawaii 2023: Compare Loan Rates

Online Loans and Payday Loans in Hawaii

The Department of Commerce and Consumer Affairs regulates all matters connected with payday lending in Hawaii State.

Payday lending is considered legal as long as it refers to check cashing transactions. The only businesses permitted to operate are the cash checking ones; the rest are considered illegal.

Hawaii payday loans are small cash advances that a borrower has to repay on his next paycheck. These loans are often unsecured and are small in amount. An applicant has to be permanently employed or have a stable source of income.

How Payday Loan Lenders Work in Hawaii

Most of the payday lending companies operates on online stores as well as on-ground storefronts.

Online applications may be a bit slower in disbursing funds compared to a physical store. However, it should not take more than one business day.

You will need to provide your social security number, physical address, and details regarding your employment. There is a maximum charge of $10 for setting up an account and $5 for issuing a replacement ID.

Payday lenders in Hawaii require borrowers to sign written agreements. This should give you a clear picture of all the applicable fees including charges and interest rate.

Compare Hawaii Loans at Financer.com

Financer.com helps you compare the best personal loans in Hawaii and get the best loan rates from leading lenders.

We look for lenders that offer full transparency and have a long track record of successful lending and satisfied customers. We are always improving our comparisons, but are confident in what we can bring to market, and we know you will be as well.

Use our free loan comparison tool to find the right personal loan in Hawaii and take the guesswork out of doing all the legwork yourself.