Remarks:
1New and existing customers refer to the customers who have not any loan transaction with the Company in the past 24 months from the date of application, excluding e-Cash Revolving Loan Account opened within the Promotion Period.
Key Facts Statement for Installment Loan:
- The minimum and maximum repayment period is 3 months and 60 months respectively.
- According to the Money Lenders Ordinance, the maximum annual percentage rate is 48%.
- A representative example of total cost for a loan below is for reference only:
- Loan amount: HK$10,000
- Monthly installment of HK$1,672 for 6 months
- Interest rate: 0.092% per month
- Annual percentage rate: 1.1%
- Total repayment amount: HK$10,032