Installment and Personal Loans in Makawao: Payday Loan Alternatives
One short form for small-dollar installment loans with fixed monthly payments, offers from licensed lenders, and money sent to your bank account if you are approved. Larger personal loan requests up to $35,000 are also accepted.
Estimate uses 36% interest plus the maximum monthly fee, the Hawaii cap for this loan size, repaid over 12 months. Your lender must disclose the exact APR and total cost. Your offer may differ.
Check my offers- Hawaii lenders must be licensed by the state
- Full cost and APR shown before you sign
- All credit types can apply; lenders may check credit
Makawao residents can request small-dollar installment loans of $500 to $1,500 online in a few minutes and see the full cost before deciding. Payday loans have not been allowed in Hawaii since January 1, 2022, when the deferred deposit law was repealed and replaced with licensed small-dollar installment loans. At 36% interest plus a $35 monthly fee, a $1,000 loan repaid over 12 months costs about $125 a month, or $500 in interest and fees in total (state law caps total charges at 50% of the amount borrowed). The median household here earns $96,444, 4% below the Hawaii median, so that payment would take about 1.6% of a typical month’s income. Makawao has 2 bank branches, but you do not need to visit one: the whole request is online.
Why request online
Loans in Makawao: the short answer
How it works
What a $1,000 loan means for a typical Makawao budget
At 36% interest plus a $35 monthly fee, a $1,000 loan repaid over 12 months costs about $125 a month, or $500 in interest and fees in total (state law caps total charges at 50% of the amount borrowed).
Renters in Makawao already spend a median 27.1% of income on rent. Choose a payment you can keep up with every month; a smaller amount or shorter term lowers the total interest.
Illustration only. Your APR, fees and term come from the lender and must be disclosed before you sign.
Makawao, HI: Local Financial Snapshot
City-level ACS dataLocal economic and housing context for Makawao. Figures use the latest 2020–2024 American Community Survey 5-Year release available for small-area comparison.
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year. Tables B01003, B19013, B25064, B25071, B17001 and B23025. City-level payday-loan volume is not consistently published for every U.S. locality, so no local borrowing count is estimated here.
Borrowing rules in Makawao
- Payday loans have not been allowed in Hawaii since January 1, 2022, when the deferred deposit law was repealed and replaced with licensed small-dollar installment loans.
- Small-dollar installment loans under this law: up to $1,500.
- Rate limit: Interest is capped at 36% a year, plus a monthly maintenance fee. Total loan charges cannot exceed 50% of the amount borrowed.
- Fees: A monthly maintenance fee of $25 to $35, depending on the original loan amount. Lenders must accept early payoff or partial prepayment with no penalty, and cannot take a lien on property or require add-on products such as credit insurance.
- Term: 2 to 12 months.
- Lenders must be licensed by the Hawaii Division of Financial Institutions (DFI), Department of Commerce and Consumer Affairs and must disclose the APR and total cost before you sign.
Lower-cost options in Makawao
Loan places near me in Makawao
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Installment loans near me: Makawao and nearby towns
Requests work the same from any of these nearby Hawaii towns; distances are straight-line from Makawao.
- Pukalani, HI1 mi · pop. 8,679 · median income $102,976
- Haiku, HI5 mi
- Paia, HI6 mi · pop. 2,512 · median income $100,559
- Kula, HI6 mi · pop. 6,791 · median income $100,433
- Puunene, HI8 mi
- Kahului, HI10 mi · pop. 28,288 · median income $98,077
Other Maui County towns:
What borrowing looks like in Makawao
Worked out from local Census income and rent figures and state lending rules, so you can plan before you apply.
How much does a $1,000 installment loan cost per month in Makawao?
See the math
At 36% interest plus the $35 monthly maintenance fee allowed in Hawaii, $1,000 repaid over 12 months costs about $125.00 a month, or $500.00 in interest and fees in total (state law caps total charges at 50% of the amount borrowed). That is 1.6% of the median Makawao household income of $8,037 a month. Your lender shows the exact APR and total cost before you sign.
Is it harder to cover bills in Makawao than in the rest of Hawaii?
See the local numbers
Median household income in Makawao is $96,444, 4% below the Hawaii median, and median rent is $1,908 a month (3% below the state). Renters here spend a median 27.1% of income on rent, so compare any monthly loan payment with what is left after rent and utilities.
Do I need to visit a store to get a loan in Makawao?
How it works
No. The whole request is online and takes a few minutes. The nearest financial locations listed on this page are about 6 miles from Makawao, but if a lender approves you, money is usually sent by direct deposit, often by the next business day.
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Questions people ask
Are there payday loans or cash advance near me in Makawao?
Through this site, Makawao residents are matched with installment and personal loans rather than traditional two-week payday loans, because of Hawaii rules on short-term lending. The nearest bank and credit union locations listed on this page are about 6 miles away, but you do not need to visit one: the request is online and the loan is repaid in fixed monthly payments.
Can I get a loan in Makawao with bad credit?
Yes, you can apply with any credit history. Lenders look at your income and banking history, not only your credit score, but they may still check your credit and approval is not guaranteed. Compare the APR and total cost before you accept.
Are payday loans legal in Makawao, Hawaii?
Payday loans have not been allowed in Hawaii since January 1, 2022, when the deferred deposit law was repealed and replaced with licensed small-dollar installment loans. You can request small-dollar installment loans from licensed lenders instead.
What can I borrow instead of a payday loan in Makawao?
Small-dollar installment loans of $500 to $1,500, repaid in fixed monthly payments. Interest is capped at 36% a year, plus a monthly maintenance fee. Total loan charges cannot exceed 50% of the amount borrowed.
How much does a $1,000 loan cost in Hawaii?
At 36% interest plus a $35 monthly fee, a $1,000 loan repaid over 12 months costs about $125 a month, or $500 in interest and fees in total (state law caps total charges at 50% of the amount borrowed). Your lender must show the APR and total cost before you sign.
Where can I complain about a lender in Hawaii?
Contact the Hawaii Division of Financial Institutions (DFI), Department of Commerce and Consumer Affairs or the CFPB at consumerfinance.gov/complaint.
It takes a few minutes and costs nothing to ask. You decide after you see the full cost.
Check my offersWe pass your request to participating lenders. A request does not guarantee an offer; approval, amount and funding time depend on the provider.
Sources
State rules, regulator contacts and legal sources are listed on the Hawaii page. Local income and housing figures: U.S. Census Bureau, American Community Survey 2020–2024.