BEA "Super Fast" Debt Clearance Plan

Updated April 2019
2.91%APR*
$203,129Total Amount Payable
$729Total Interest Payable
Monthly
Payment

HK$16,927
Promotion
Promotions
New Customer Offer up to HK$1,800 Cash Rebate
  • Extra cash rebate for new customers of up to HK$1,500
  • Successfully apply and submit documents online to get cash rebate of HK$300
Key features
Key Features
  • APR as low as 2.91%
  • Repayment period of up to 60 months
  • Loan amount of up to 21 times your monthly basic salary (maximum HK$1,200,000)
  • Successfully apply and submit documents online to get cash rebate of HK$300
  • Extra cash rebate for new customers of up to HK$1,500
Covered
Repayment Summary

Principal Loan Amount

HK$200,000

Total Interest Payable

HK$729

Handling Fee

HK$2,400

Total Amount Payable

HK$203,129

Annual Percentage Rate

2.91%

Monthly Payment

HK$16,927

Repayment Period

12 months

Others
Terms and Conditions
Fee & Charges

Handling Fee

1.2

Late Payment Fee

Any instalments in arrears will be subject to a default interest calculated on a daily basis at 3% per month on the total monthly repayment amount then overdue, plus a late charge of HK$400

Early Settlement Fee

2% per annum of original loan amount which will be calculated with reference to the number of years in the remaining loan period (any part of a year shall be rounded up to a full year)
Eligibility

Age Requirement

18 years old or above

Residency Status

Hong Kong Permanent Resident

Employment Status

Be Employed/ Self-employed

The APR includes the basic interest rate, as well as any other fees and charges (i.e.: Handling Fee) so that it reflects the actual total cost of borrowing. The actual APR applicable may differ, please check with the provider to confirm your final APR based on your loan.

Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first. To borrow or not to borrow? Borrow only if you can repay!

HK$16,927
Monthly Payment