Hawaii House Bill 262: Relating To Interest.

Hawaii · 2026 Regular Session

What it does

Protects consumers, who are purchasing their first vehicle, from predatory interest rates by setting a maximum interest rate of two per cent for consumers with a credit score below six hundred and zero per cent for consumers with a credit score of six hundred or more. Authorizes existing avenues of redress from usury under chapter 478 to apply to this Act.

Latest action

Carried over to 2026 Regular Session. (2025-12-08)

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