Please help protect Hawaii families from 450%+ interest rates on Payday loans. The US military capped interest rates on Payday loans for all military and their families back in 2006 and it has helped families be more financially stable. Now all families deserve the same protections. This vote needs to be scheduled ASAP to get a hearing this session!
Why is this important?
Too many hardworking Hawaii families are stuck in the debt cycle of Payday loans. Eighteen states have already capped the interest rate on these loans at 36% or less or made them illegal altogether. Our families deserve protections from the Payday industry, too.
