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MoneyHero.com.hk's Providers

Fixed Loan

Latest OfferSponsored Product
Latest Offer:
From now till 31 July, Samsung Galaxy S10+ (128GB) (value HK$6,998) will be rewarded upon successful application
Straight through online application, face recognition identification, 7x24 direct transfer cash via FPS
Straight through online application, face recognition identification, 7x24 direct transfer cash via FPS

Features

Instant approval and withdrawal, no income proof is required for loan amount of $50,000 or less
10 mins express approval. Cash will be disbursed within 1 hour from loan confirmation
No handling fee, no early settlement fee
For more details, please visit PrimeCredit’s website
Money Lender’s License No.: 383/2019
During the promotion period, Samsung Galaxy S10+ (128GB) (value HK$6,998) will be rewarded for customer who successfully apply for and withdraw PrimeCredit’s designated Personal Loan of HK$120,000 net loan amount with tenor 24 instalments or above.
The promotion period is from 10 June to 31 July 2019 (both days inclusive). Terms and conditions apply. The offers cannot be used in conjunction with other promotions. PrimeCredit reserves the right to terminate the offers or amend the details and terms & conditions without prior notice. For the details of the loan and promotion, please contact PrimeCredit. PrimeCredit reserves its absolute rights on the final loan decision and any disputes.

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.

Personal Loan

Latest OfferSponsored Product
Latest Offer:
HANDLING FEE & EARLY REPAYMENT FEE WAIVER
Loan amount up to 8X monthly salary, 48 months repayment
Loan amount up to 8X monthly salary, 48 months repayment

Features

Fast-track 30 minutes approval with a designated draw down amount
Maximum loan amount can be 8 times of your monthly salary or HK$800,000 (whichever is lower)
No handling fee
Repayment tenor up to 48 months

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.

Balance Transfer

Latest Offer
Latest Offer:
From now till 31 July, Samsung Galaxy S10+ (128GB) (value HK$6,998) will be rewarded upon successful application
Straight through online application, face recognition identification, 7x24 direct transfer cash via FPS
Straight through online application, face recognition identification, 7x24 direct transfer cash via FPS

Features

Free professional analysis on your current card and loan indebtedness, and suggest the most interest saving and fastest repayment plan
No handling fee, no early settlement fee
Repayment terms up to 60 months
Express approval. Cash will be disbursed within 1 hour from confirmation of loan
For more loan details, please visit PrimeCredit’s website
Money Lender’s License No.: 383/2019
During the promotion period, Samsung Galaxy S10+ (128GB) (value HK$6,998) will be rewarded for customer who successfully apply for and withdraw PrimeCredit’s designated Personal Loan of HK$120,000 net loan amount with tenor 24 instalments or above.
The promotion period is from 10 June to 31 July 2019 (both days inclusive). Terms and conditions apply. The offers cannot be used in conjunction with other promotions. PrimeCredit reserves the right to terminate the offers or amend the details and terms & conditions without prior notice. For the details of the loan and promotion, please contact PrimeCredit. PrimeCredit reserves its absolute rights on the final loan decision and any disputes.

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.

i-Money Internet Personal Loan

Latest Offer
Latest Offer:
Loan amount of up to HK$1,000,000; Flexible repayment term of up to 60 months

Features

Fully online, no face-to-face contact is required
Loan amount of up to HK$1,000,000
Flexible repayment term of up to 60 months
Fast approval, cash will be transferred to your designated account
Round-the-clock loan transfer including Sat & Sun
Terms and Conditions apply. For details, please contact United Asia Finance's Customer Service Officer.
Money Lender's Licence No.: 0871/2018

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.

Debts Consolidation Loan

Latest Offer
Latest Offer:
Loan amount up to HK$2,000,000; Repayment terms up to 84 months

Features

UA all-round solutions help you to clear all credit card debts instantly
Minimize your interest expenses
Flexible repayment terms
Tailor-made interest rate
Loan amount of up to HK$2,000,000
Flexible repayment term of up to 84 months; No handling fee
Money Lender's Licence No.: 0871/2018

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.

CashingPro Normal Loan

MoneyHero.com.hk Exclusive Offer
MoneyHero.com.hk Exclusive Offer:
HK$500 Supermarket Coupon if draw down within 7 days after approval
Early Repayment Fee Waiver and Repayment term up to 60 months
Early Repayment Fee Waiver and Repayment term up to 60 months

Features

0% handling fee
All application process include cash withdrawal could be done through online
Applicants must be Hong Kong permanent resident
Early Repayment Fee Waiver and Max loan repayment tenure: 60 months
Applicants with depositing monthly salary (payroll) every month via the auto-payroll service and with good credit record can enjoy lowest interest rate
Those applicants who are 60 years old or above and non-permanent residents in Hong Kong are not applicable to this loan product.
Only customers who successfully apply for Personal Instalment from 1 to 30 June 2019 will be entitled to up to $500 supermarket cash coupons. Conditions below apply. Please visit here for coupon redemption. All matters and disputes are subject to the final decision of MoneyHero.com.hk and CashingPro.

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.

For You Loan

MoneyHero.com.hk Exclusive Offer
MoneyHero.com.hk Exclusive Offer:
HK$500 Supermarket Coupon if draw down within 7 days after approval
Early Repayment Fee Waiver and Repayment term up to 60 months
Early Repayment Fee Waiver and Repayment term up to 60 months

Features

Applicants must be Hong Kong identity card holders and age of 18 or above (Only accept women application)
No handling Fee
50-minutes approval
Free to repay within 60 months
Early Repayment Fee Waiver
Those applicants who are 60 years old or above and non-permanent residents in Hong Kong are not applicable to this loan product.
Only customers who successfully apply for Personal Instalment from 1 to 30 June 2019 will be entitled to up to $500 supermarket cash coupons. Conditions below apply. Please visit here for coupon redemption. All matters and disputes are subject to the final decision of MoneyHero.com.hk and ForYouLoan.

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
MoneyHero.com.hk compares loans that can be paid back over terms of between 12 and 84 months. The APR interest rate you will be charged will depend on your personal circumstances, and will be between APR: 2% and APR: 59%. This is a representative example of what it may cost: a Loan of HK$200,000 over 12 months at 7.02% APR and monthly interest rate at 0.31% would equate to monthly repayments of HK$17,287, and the total repayment of the loan that you pay back would be HK$207,444.

Need some help?

No worries, we've got you covered!

How to get the Best Loans from Hong Kong Lending companies?

Can't find the cash to pay off your debts? It's a struggle to find these when a bank rejects your application, or if you have bad credit which causes to banks immediately turn you down. If so, getting a loan from a lending company might just be the solution for you. MoneyHero.com.hk lets you compare personal loans offered by various Hong Kong lending companies, there is no better way to find out about the services of all the lending companies in Hong Kong than with our comparison tool.

What are Lending Companies?

Lending companies are a type of financial institution that offers loan services to consumers. They usually offer similar financial lending products to banks: personal loans, mortgage loans, car loans, and so forth. Lending companies are handy when you get turned down for a loan by your bank for any reason such as incomplete requirements, bad credit, an unstable job, or that the bank feels that you are too high a risk. This is where lending companies come in. If you find it difficult to apply for a loan at a bank, then you might have it easier using the services of a lending company. Although they have similar financial products with banks, take note though that lending companies often have higher interest rates. Personal loans are still unsecured loans, meaning you have no collateral, so they'll still have higher interest rate. To counter the high interest rates, most lending companies offer flexible repayment terms to help their customers pay their loans back.

How to select the best Lending Companies in Hong Kong?

There are more than a thousand lending companies that offer services in Hong Kong. Because there are so many, MoneyHero.com.hk. is helping customers choose the right lending company by allowing them to compare their borrower requirements, interest rates, APR, loan sizes, approval times, and so on. Lending companies in Hong Kong boast of fast approval times, and fast loan cash-outs, so you can get your money as soon as possible. MoneyHero.com.hk provides loan information from lending companies such as AEON, Promise, WeLend, PrimeCredit, CashingPro and more. Most of the lending companies we list are members of the Licensed Money Lenders Association of Hong Kong, and follow the government's Money Lender's Ordinance.

Applying for a Loan at a Lending Company

There's no need to worry about where you'll get your personal loan when you apply for a personal loan from a lending company. Since lending companies are more lenient in requirements, you won't have to dig through for all your documents to do your application. Some lending companies allow you to do your application online, so you don't have to fill out paper forms. To do an application online there is no need to meet anyone, which helps to protect your privacy. Lending companies usually ask for the following requirements: HKID Proof of residence Proof of income Signed loan agreement Compare the various loans offered by lending companies at MoneyHero.com.hk today, and get the loan amount you need, as soon as you need it!

Does a lending company charge higher interest rates than a bank?

Since lending companies are more lenient in requirements, the risks of bad debts are relatively high. Therefore, they usually charge higher interest rates than banks. In Hong Kong, the APR of loans from lending companies are normally 6% to 30%.

What is APR?

APR (Annual Percentage Rate) is the amount of interest on your total loan amount that you'll pay annually (averaged over the full term of the loan). A lower APR translates to lower monthly payments. APR is a reference rate that consists of base interest and other charges like handling fee. It is a handy point of reference when comparing loan plans because it includes all the extra charges and interest expenses.

Is there a cap on personal loan interest rates?

Yes, there is. The Money Lenders Ordinance prohibits anyone from lending money with an effective interest rate of 60% per year. Undoubtedly, a 60% annual interest is already a very high amount. By taking the time to compare loans, you can find one with far more affordable interest rates and repayment options that suit your financial situation.

How to get a lower interest rate on personal loan?

Thanks to the competition among personal loan lenders in Hong Kong, banks and lending companies usually announce promos such as cash backs to make their offers more appealing to the general public.

Our comparison tool can help you find out which personal loan providers have ongoing promotional offers, with details of the promotional period as well as the specific terms. Special offers are usually provided to online applicants. Therefore, it is more beneficial for you to make application online.

If you?re considering applying for a personal loan but not in the immediate future, then you have time to ensure that you maintain a healthy credit rating. Lenders check your credit history when they process your application and decide your interest rate. Take steps to polish up your credit history, such as by paying off debts or disputing any obvious errors on your credit history. If you have a good credit rating, you're more likely to be granted a lower interest rate.

Am I qualified to apply for a personal loan?

Apart from submitting documents including identity proof, income proof and residential address proof, you must also meet the following requirements to apply for a loan:

    • Be least 18 years of age

    • Be a Permanent Resident of Hong Kong

  • Have a monthly salary of at least HKD 6,000*

is it safe to apply for loans online?

Nowadays, since borrowers are more concerned about privacy and simplicity of loan application, online application is getting more and more popular. Applicants may get cash on the same day once they have uploaded all supporting documents, and this application method saves time and hassle. Just be reminded that you should understand how the loan works and read the terms and conditions carefully in order to protect yourself.

Confused about personal loan terms?

Glossary terms to know for first-time personal loan applicants