HRS §478-7
No one can sue to collect compound interest
Read the official text at capitol.hawaii.gov ↗This law says you cannot sue in any Hawaii court to get compound interest on a consumer credit deal or any credit card agreement. It only stops lawsuits for compound interest, not other types of interest or debts.
borrowerscreditorsdebtorsfinancial institutions
The statute, as written — Compound, not recoverable
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.
No action shall be maintainable in any court of the State to recover compound interest upon any consumer credit transaction or upon any credit card agreement whatever. [CC 1859, §1484; RL 1925, §3590; RL 1935, §7056; RL 1945, §8737; RL 1955, §191-7; HRS §478-7; am L 1986, c 137, pt of §1]
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.