HB 262

Hawaii House bill in Session 2026.

Status: in_committee. Latest action: January 21, 2025.

Interest Rate; Usury; Vehicle; Loan; Consumer Protection.

Bill ID HI-2026-HB-262
Session 2026
Status in_committee
Committee CPC, FIN
House in_committee 2025-01-21
Summary

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.

Sponsor
Alcos
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2025-01-21 Status in_committee
2025-01-21 Latest Action Referred to CPC, FIN, referral sheet 1
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