MLA Pawn Loan Rates

What are the rates?

MLA pawn loans are inclusive of all fees and finance charges. Kamaaina Loan now offers a interest rate of 35% APR on these pawn loans.

There is never a pre-payment penalty at Kamaaina Loan. Minimum loan term is 1 day. Maximum loan term is 100 days.

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.