· HI legislature · 2026

RELATING TO INSTALLMENT LOANS.

Replaces the term "consumer loan" with the defined term "installment loan" for consistency throughout the installment loan chapter. Clarifies who is subject to the installment loan chapter. Requires loan maintenance fees to be prorated daily. Allows lenders to charge a convenience fee of up to $5 for debit card p…

Sponsor

Nadine Nakamura (D-HI)

Introduced

2025-12-08

Policy area

Finance and Financial Sector

Latest action

Pending introduction.