HRS §412:9-307

How to count a partial month for loan interest

Read the official text at capitol.hawaii.gov ↗

This section says that when a lender calculates interest, late fees, or refunds on certain precomputed loans, it may treat a partial month as a full month. This only applies to loans covered by the specific sections listed. It does not set any other rules.

borrowers

The statute, as written — Fraction of a month

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

In computing interest, late charges, or refunds for precomputed loans under sections 412:9-302, 412:9-304 and 412:9-306 any fraction of a month may be considered as a whole month.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§412:9-302 Interest rate limits for financial services loans

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.