HI · LOAN-AGMT · Updated July 2026 · Free

Hawaii Loan Agreement PDF

Not Attorney-ReviewedAuthor: Arjun AnnamalaiMethodology: Statutory Verification

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Hawaii at a glance: Usury Cap (Consumer): 12% per year (Haw. Rev. Stat. § 478-2) · Governing Law: Hawaii Revised Statutes Title 26

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Overview

Loan Agreements in Hawaii

Hawaii caps interest rates on consumer loans at 12% per year under Hawaii Revised Statutes Section 478-2.
Key Facts

Hawaii Loan Agreement — Quick Reference

RequirementHawaii Rule
Usury Cap (Consumer)12% per year (Haw. Rev. Stat. § 478-2)
Governing LawHawaii Revised Statutes Title 26
Legal Requirements

Hawaii Legal Requirements

  • Consumer loan interest rates must not exceed 12% per annum.
Governing Laws

Hawaii Governing Laws

Haw. Rev. Stat. § 478-2
Legal Rate of Interest
Establishes maximum legal interest rate.

Read the full text of these laws at Cornell Law School's Hawaii legal resources or your state legislature's official website.

Questions & Answers

Hawaii Loan Agreement — Frequently Asked Questions

Are business loans exempt from Hawaii's 12% cap?

Yes, commercial transactions are exempt.