Special MLA Pawn Loan Rates
What are the rates?
MLA pawn loans are inclusive of all fees and finance charges. Kamaaina Loan now offers a discounted interest rate of 35% APR on these pawn loans.
There is never a pre-payment penalty at Kamaaina Loan.
Kamaaina Loan also offers other lending products. Visit our store to ask about personally customized loans.
Example Loan Rates
Kamaaina Loan would offer a short-term $500 loan with a maximum 100-day term. The loan can be repaid at any time:
- If the loan is repaid in 50 days, the interest due would be $23.97 for a total repayment of $523.97.
- If the loan is repaid in 75 days, the interest due would be $35.96 for a total repayment of $535.96.
- If the loan is repaid in 100 days, the interest due would be $47.95 for a total repayment amount of $547.95.