Credit Cards

Did You Know: Hawaii Interest Rate Laws

Did You Know: Hawaii Interest Rate Laws

Interest rates, and how to figure them are one of those things you learned about in high school math class. Unlike trigonometry and advanced algebra, however, this is an area that it is important to understand and that you use in your everyday life. They are an essential part of understanding credit. What is almost… Read More →

Why Did My Credit Card Interest Rates Go Up?

Why Did My Credit Card Interest Rates Go Up?

If you notice that the credit card interest rates have gone up, then congratulations!  You are one of a small group of people that even check the rates on their cards.  Many people believe that interest rates are something they have no control over, so they do not even look each month to see what… Read More →

Changes to Hawaii Laws on Credit Card Debt

Changes to Hawaii Laws on Credit Card Debt

How has Hawaii law on credit card debt changed? And what changes are on the horizon? Hawaii Garnishment Laws Hawaii prohibits the garnishment of unemployment benefits, Social Security disability income, Social Security retirement benefits and pension payments to civil employees. Hawaii does not permit the garnishment of life insurance proceeds or disability benefits. The living… Read More →

State Pension Fund $8.4 Billion Short

If you’re like us, you hope to retire some day and you worry about how to make that happen.  Today, the Honolulu Star Advertiser’s leading article reports that the state’s largest public pension fund, Employees’ Retirement System (ERS), “is in its worst shape since at least 1980 with an $8.4 billion shortfall.”  However, the state… Read More →