- Only HKID Card and rental contract signed in the last three months are required
- Loan amount up to 10x monthly rental or HK$200,000^ (whichever is lower)
- Monthly interest rate as low as 1%
- No other document proof is needed
^ The customers are required to meet the credit conditions of the Company, including the customers having a good credit history in other credit reference agencies. The company reserves the right to make final decision on the loan amount, annual interest rate and repayment period or reject the entire loan application.
Key Facts Statement for Instalment Loan:
- The minimum and maximum repayment period is 3 months and 60 months respectively.
- 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 instalment of HK$1,815 for 6 months
- Interest rate: 2.5% per month
- Annual percentage rate: 30%
- Total repayment amount: HK$10,890