Good to excellent credit
American Express
- Credit profile
- Excellent
- APR range
- 6.99% – 19.99%
- Loan amount
- $3,500 – $40,000
Personal finance / HI
Personal loans, banking, insurance, and debt help in Hawaii
Hawaii residents take out personal loans mainly to consolidate credit card debt, cover car repairs or medical bills, finance home improvements, or pay for weddings and moves, with most loans unsecured.
24lenders in the dataset
HIstate guide
$1,299/yraverage homeowners premium in dataset
51jurisdictions in the dataset
01 / Personal loans
Personal loans in Hawaii
Hawaii residents take out personal loans mainly to consolidate credit card debt, cover car repairs or medical bills, finance home improvements, or pay for weddings and moves, with most loans unsecured.
Interest-rate law
Hawaii licensed lenders (financial services loan companies) can charge a flat 24% simple annual interest rate on personal loans, with no dollar-based tiering. An alternative declining precomputed schedule (about 14% down to 4% by month 48) exists for longer loans, but most lenders default to the flat 24%.
| Loan range | Rate | Statute |
|---|---|---|
| Any loan amount | Flat 24% simple annual interest (alternative declining schedule ~14% to ~4% over 48 months for precomputed loans) | Not specified in dataset |
Lender complaints: Hawaii Department of Commerce and Consumer Affairs
02 / Lender directory
Lenders by credit profile
Good to excellent credit
Axos Bank
- Credit profile
- Excellent
- APR range
- 11.79% – 20.84%
- Loan amount
- $7,000 – $50,000
Good to excellent credit
Citi
- Credit profile
- Good - Excellent
- APR range
- 9.99% – 17.49%
- Loan amount
- $2,000 – $30,000
Good to excellent credit
Discover
- Credit profile
- Good - Excellent
- APR range
- 6.99% – 24.99%
- Loan amount
- $2,500 – $40,000
Good to excellent credit
Happy Money
- Credit profile
- Good
- APR range
- 7.95% – 35.99%
- Loan amount
- $5,000 – $50,000
Good to excellent credit
LightStream
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.39%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
PenFed
- Credit profile
- Good
- APR range
- 7.99% – 17.99%
- Loan amount
- $500 – $50,000
Good to excellent credit
Prosper
- Credit profile
- Good
- APR range
- 8.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Good to excellent credit
Reach Financial
- Credit profile
- Not specified
- APR range
- 5.99% – 35.99%
- Loan amount
- $3,500 – $40,000
Good to excellent credit
Rocket Loans
- Credit profile
- Good
- APR range
- 8.01% – 29.99%
- Loan amount
- $2,000 – $45,000
Good to excellent credit
SoFi
- Credit profile
- Good - Excellent
- APR range
- 8.74% – 35.99%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
USAA
- Credit profile
- Good - Excellent
- APR range
- 9.89% – 18.51%
- Loan amount
- $2,500 – $100,000
Good to excellent credit
Wells Fargo
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.99%
- Loan amount
- $3,000 – $100,000
Fair credit
Best Egg
- Credit profile
- Fair
- APR range
- 6.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Fair credit
Happen Bank (formerly LendingClub)
- Credit profile
- Fair
- APR range
- 7.04% – 35.99%
- Loan amount
- $1,000 – $60,000
Fair credit
LendingPoint
- Credit profile
- Fair
- APR range
- 7.99% – 35.99%
- Loan amount
- $1,000 – $36,500
Fair credit
Navy Federal Credit Union
- Credit profile
- Fair - Excellent
- APR range
- 8.74% – 18%
- Loan amount
- $250 – $50,000
Fair credit
Oportun
- Credit profile
- Fair
- APR range
- N/A – 35.95%
- Loan amount
- $300 – $10,000
Fair credit
Upgrade
- Credit profile
- Fair
- APR range
- 7.74% – 35.99%
- Loan amount
- $1,000 – $50,000
Poor or limited credit
NetCredit
- Credit profile
- Poor
- APR range
- 34% – 99.99%
- Loan amount
- $1,000 – $10,000
Poor or limited credit
OneMain Financial
- Credit profile
- Poor
- APR range
- 18% – 35.99%
- Loan amount
- $1,500 – $20,000
Poor or limited credit
OppLoans
- Credit profile
- Poor
- APR range
- 160% – 195%
- Loan amount
- $500 – $5,000
Poor or limited credit
Personify Financial
- Credit profile
- Poor
- APR range
- 36% – 179.50%
- Loan amount
- $500 – $15,000
Poor or limited credit
Rise
- Credit profile
- Poor
- APR range
- 99% – 199%
- Loan amount
- $500 – $5,000
03 / Debt consolidation
Debt consolidation
Hawaii's flat 24% cap on licensed lenders means a debt consolidation loan should land meaningfully below that ceiling to genuinely beat a typical credit card APR; since the cap doesn't loosen for larger loans, comparing lenders directly is the best way to find the lowest rate.
04 / Banking and credit unions
Banking in Hawaii
National banks offer scale and convenience, while regional and Hawaii-based banks compete on relationship banking and faster local decisions.
Banks listed
- Bank of HawaiiHeadquartered in Honolulu, HI.
- First Hawaiian BankHeadquartered in Honolulu, HI; the state's largest bank.
- American Savings BankHeadquartered in Honolulu, HI.
- Central Pacific BankHeadquartered in Honolulu, HI.
- Territorial Savings BankHeadquartered in Honolulu, HI.
Credit unions
Hawaii's credit unions are member-owned, not-for-profit institutions offering lower rates and fees than banks, organized around islands and communities rather than one dominant statewide institution.
Hawaii credit unions posted median membership growth of about 5.1% year over year (Q4 2025 NCUA data), one of the strongest in the country versus a national median of about -0.5%, and the highest median return on assets in the comparison (about 1.00%).
Hawaii Community Federal Credit Union began in 1936 as Kona Farmers Federal Credit Union, founded by coffee farmers denied credit after the Depression. Hawaii Territorial Employees' Federal Credit Union (now Hawaii State FCU) traces to territorial-government roots. Pearl Hawaii Federal Credit Union formed from the 1955 merger of six shipyard credit unions, and Hickam Federal Credit Union's founding records were partially destroyed in the December 7, 1941 attack. Credit unions organized around individual islands and counties rather than one statewide charter.
Federally insured credit union deposits are protected up to $250,000 through the National Credit Union Share Insurance Fund.
Credit unions listed
05 / Debt settlement
Debt settlement
Not legal for a typical for-profit company. Hawaii law (Haw. Rev. Stat. § 446-2) prohibits debt adjusting for profit outright, a misdemeanor with fines up to $500 and/or up to six months in jail; any for-profit contract is void. Attorneys and nonprofit/charitable corporations are exempted.
06 / Insurance
Hawaii insurance
Regulator
Hawaii Department of Commerce and Consumer Affairs, Insurance Division
Insurance regulator websiteAuto insurance
20/40/10
Hawaii requires liability insurance with minimum limits of $20,000 per person and $40,000 per accident for bodily injury liability, plus $10,000 for property damage liability. Hawaii also requires personal injury protection (PIP) coverage since it is a no-fault state.
Homeowners and renters
$1,299/yr
- State requirement
- No
- National homeowners average
- $1,337/yr
- Renters average
- $172/yr
Hawaii carries distinctive island exposure to hurricanes and tropical storms, volcanic activity on the Big Island, and tsunamis; high cost of living and construction costs can push actual premiums higher.
07 / Questions
Hawaii FAQs
How do I file a complaint against a lender in Hawaii?
Contact the Hawaii Department of Commerce and Consumer Affairs, which licenses and supervises consumer lenders and financial services loan companies operating in Hawaii.
How do I file a complaint against my insurance company in Hawaii?
File with the Hawaii Department of Commerce and Consumer Affairs, Insurance Division.
What's the maximum interest rate a lender can legally charge on a personal loan in Hawaii?
A flat 24% simple annual interest rate, with no tiering by loan size. An alternative declining precomputed schedule (about 14% down to 4% by month 48) is available for longer loans.
What credit score do I need for a personal loan in Hawaii?
It depends on the lender. Banks and credit unions typically want a FICO score of 700+, online FinTech lenders work with fair credit (low-to-mid 600s), and some lenders serve poor or limited credit at significantly higher APRs.
Are payday loans legal in Hawaii, and are there caps on fees or loan amounts?
No. Traditional payday loans were repealed effective January 1, 2022. Act 56 replaced them with a 'small dollar' installment loan framework: up to $1,500 with a 36% annual interest cap plus a monthly maintenance fee up to $35, repayable over 2 to 12 months; total charges capped at 50% of the amount borrowed.
How long can a debt collector legally pursue an unpaid debt in Hawaii before the statute of limitations runs out?
Written and oral contracts both have a 6-year statute of limitations (HRS § 657-1); auto loans specifically have a shorter 4-year window. A payment or written acknowledgment can restart the clock.
What's the difference between a debt consolidation loan and debt settlement for someone living in Hawaii?
A debt consolidation loan pays creditors in full with new borrowed money at a lower rate; credit recovers quickly. Debt settlement negotiates a reduced payoff but damages credit and may create taxable forgiven income. In Hawaii, this matters less since state law prohibits for-profit debt adjusting outright, making a debt consolidation loan (subject to the 24% cap) the clearly legal path.
