As a form of financial relief to help individuals and families cover emergency living essentials, Bank of Hawaii is offering the community a special small-dollar emergency personal loan, which include:
- Loan amounts up to $3,000
- Loan term of 40 months
- No payments for the first four months
- Low fixed interest rate of 3%
- Loan fee is waived
“So many people in our community are already experiencing income shortfalls, and Bank of Hawaii wanted to make acquiring a personal loan simple and easy for those already drastically affected,” said Peter Ho, chairman, CEO and president of Bank of Hawaii. “We hope these small-dollar loans will help provide a safe and affordable alternative to get through this difficult period.”
For ease and convenience, Bank of Hawaii is accepting applications for its online small-dollar emergency loan program at: https://www.boh.com/covidassist
With the exception of applicants in Saipan and Palau, please do not drop off applications at a BOH branch, as the bank continues to practice social distancing for the safety of the entire community.
