Haw. Code R. § 15-214-5

Current through November, 2024
Section 15-214-5 - Delinquent payments

For all delinquent payments due HCDA, interest shall be charged at the rate of one per cent per month on the unpaid balance, including prior interest charges and delinquent account service charges beginning on the first day payment is delinquent and continuing monthly thereafter until the amount due is paid. Without prejudice to any other remedy available to HCDA, a delinquent account service charge of the greater of 5% of the amount owed or $100 per month shall be assessed on any delinquency. The interest charge and delinquent account service charge shall continue to be assessed until the delinquency is paid in full. Payments are considered delinquent when not paid within five calendar days from date due.

Haw. Code R. § 15-214-5

[Eff DEC 03 2008] (Auth: HRS § 206E-4) (Imp: HRS § 206E-4)