PaydayHawaii currently runs a dozen payday loan centers under the business name of Money Service Centers of Hawaii, Inc. The offices can be found in Lihue, Kapaa, Kahului, Lahaina, Kihei, Kailua-Kona, Hilo, Kaneohe, Waianae, and Honolulu. PaydayHawaii began its operations back in early 2001 with a website that offers payday advance services all over the state. PaydayHawaii now has many satisfied customers who live on all of the major Hawaiian Islands.
In 1999, R. Craig Schafer, who is the founder of PaydayHawaii, realized that new, innovative changes in the cash loan service industry - mainly the implementation of legal regulation of cash advance or deferred deposit finance companies - had brought about an increase in demand for modern money lending offices. In 1999, the legislature of the state of Hawaii brought in a new law that regulated check cashing and deferred deposit operations. R. Craig Schafer considered this to be an ideal opportunity to offer new and innovative ways of dealing with PaydayHawaii loans as at that time there were only a handful of money service businesses operating in the islands.
Their most utilized service is what PaydayHawaii calls MicroCredit. PaydayHawaii can give customers a Micro-Credit Advance secured against a post dated automatic debit draft, which PaydayHawaii will not take until customers receive their next paycheck. Most people find that at some time they are short of cash between paychecks or perhaps have unexpected bills to pay. A Micro-Credit Advance is an attractive alternative to an old fashioned loan. Fast access to quick cash can help customers pay for rent, auto repairs, and sudden high medical bills or even clear their overdue utilities. If customers are in need of some extra cash until their next paycheck comes in, then PaydayHawaii's MicroCredit is the fastest and most secure way for them to obtain the cash they need; the Micro-Credit fee includes GET.
PayDay Hawaii #101 Waipouli Plaza
4-901G Kuhio Highway
Kapaa, Kauai, HI 96746