Compare Money Lenders Loan in Hong Kong 2024

Compare the best personal loans from lending companies in Hong Kong, with the lowest interest rate and APR, to help you instantly with your financial needs. Read More
200,000 personal loan Paid over 24 months
HK$
We found 22 Personal Loans for you!
WeLend Personal Loan

Monthly Payment

HK$8,573

Monthly Payment
MoneySmart Exclusive
The lowest APR
1.88%
Total Amount Payable
HK$205,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$8,573

 Selected customers can receive up to HK$16,000 Cash Rebate upon successful draw down!

🔝💥Combo offer in June - MoneySmart exclusive offer of $1,000 application bonus】 From now until 30 June, successfully apply for Welend Personal Loan/ WeLend Card Debt Consolidation Loan/ Civil Servant & Professional Loan via MoneySmart,  you can earn extra HK$500 Deliveroo Gift Card & HK$500 vouchers (given out as 5,000 SmartPoints) regardless of approval! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
PrimeCredit Fixed Loan

Monthly Payment

HK$8,433

Monthly Payment
MoneySmart Exclusive
The Lowest APR
1.18%
Total Amount Payable
HK$202,400
Total Interest Payable
HK$2,400
Monthly Payment
HK$8,433

[MoneySmart Exclusive Offer] Up to HK$12,000 Cash

【June Pop-up Offer!*From now on until 30 June, apply for designated PrimeCredit Loan via MoneySmart, you can earn the application bonus valued at HK$500 cash vouchers (given out as 5,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands! Click here to learn more.

Valid until 30 Jun 2024 - See more details below
Apply Now
Promise Easy Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
Instant Approval Online◉
APR*
4.49%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for Promise Loan via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.



【⚡️Earn $1.5K rewards on $10K Loans】
From now until 30 June, new customers who successfully apply for Promise Loan via MoneySmart, and drawdown the loan amount of HK$10,000 or above, can earn a HK$500 Apple Store Gift Card/ PARKnSHOP Supermarket Voucher! Including the application reward (HK$500 Deliveroo Gift Card) and welcome offer from Promise (HK$500 cash reward on $10,000 loan▲) , you can get up to HK$1.5K rewards in Your Wallet on $10K Loans! No Supporting Documents Required#. Online Instant Approval⦿.

Valid until 30 Jun 2024 - See more details below
Apply Now
UA "NO SHOW" Personal Loan

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
No document is required
APR*
1.68%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【June Exclusive: Earn HK$1,000 Regardless of Approval!】Customers who successfully applied for designated UA  loans (refers to UA "NO SHOW" Personal Loan, UA "NO SHOW" Personal Loan - Car Loan, UA i-Money Express Online Personal Loan and UA Civil Servants and Professionals Express Loan), earn an extra HK$1,000 Apple Store Gift Card/ HK$1,000 PARKnSHOP Supermarket Voucher regardless of approval!



【Win Round-trip Tickets for Two to EUROPE】 New and existing customers¹ who correctly answered the football-related question, and successfully applied for and drawdown personal instalment loan with a repayment period of 12 months or above within the Campaign Period will stand a chance to win one set of round-trip direct economy class flight tickets for two adults to Europe^! Together with the best-in-town⁺ offer of up to HK$18,000^^ Cash Reward!

Valid until 30 Jun 2024 - See more details below
Apply Now
PrimeCredit Civil Servant & Professional Loan

Monthly Payment

HK$8,433

Monthly Payment
MoneySmart Exclusive
The Lowest APR
1.18%
Total Amount Payable
HK$202,400
Total Interest Payable
HK$2,400
Monthly Payment
HK$8,433

[MoneySmart Exclusive Offer] Up to HK$12,000 Cash

【June Pop-up Offer!*From now on until 30 June, apply for designated PrimeCredit Loan via MoneySmart, you can earn the application bonus valued at HK$500 cash vouchers (given out as 5,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands! Click here to learn more.

Valid until 30 Jun 2024 - See more details below
Apply Now
PrimeCredit Balance Transfer Loan

Monthly Payment

HK$8,433

Monthly Payment
MoneySmart Exclusive
The Lowest APR
1.18%
Total Amount Payable
HK$202,400
Total Interest Payable
HK$2,400
Monthly Payment
HK$8,433

[MoneySmart Exclusive Offer] Up to HK$12,000 Cash

【June Pop-up Offer!*From now on until 30 June, apply for designated PrimeCredit Loan via MoneySmart, you can earn the application bonus valued at HK$500 cash vouchers (given out as 5,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands! Click here to learn more.

Valid until 30 Jun 2024 - See more details below
Apply Now
Promise No-doc Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
Instant Approval Online◉
APR*
4.49%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for Promise Loan via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.



【⚡️Earn $1.5K rewards on $10K Loans】
From now until 30 June, new customers who successfully apply for Promise Loan via MoneySmart, and drawdown the loan amount of HK$10,000 or above, can earn a HK$500 Apple Store Gift Card/ PARKnSHOP Supermarket Voucher! Including the application reward (HK$500 Deliveroo Gift Card) and welcome offer from Promise (HK$500 cash reward on $10,000 loan▲) , you can get up to HK$1.5K rewards in Your Wallet on $10K Loans! No Supporting Documents Required#. Online Instant Approval⦿.

Valid until 30 Jun 2024 - See more details below
Apply Now
X Cash.AI

Monthly Payment

HK$9,673

Monthly Payment
MoneySmart Exclusive
5s A.I. Approval , 24/7 FPS Fund Transfer
APR*
8.0%
Total Amount Payable
HK$232,160
Total Interest Payable
HK$32,160
Monthly Payment
HK$9,673

【Upgraded | Get HK$1.8k in Your Wallet on HK$20k Loans⚡️
From now until 30 June, apply for Zero Finance X Cash.AI via MoneySmart, and enter the promo code "SMT1800", you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.



"Eligible" new customers who successfully drawdown HK$20,000 or above and meet the following conditions can enjoy HK$1,000 Cash Reward from Zero Finance and an extra HK$300 PARKnSHOP Supermarket Voucher from MoneySmartEnjoy the welcome offer of HK$1,800 in total!

Valid until 30 Jun 2024 - See more details below
Apply Now
CreFIT ClearCard Credit

Monthly Payment

HK$8,533

Monthly Payment
MoneySmart Exclusive
Settle your credit card balance as fast as 3 mins
APR*
1.98%
Total Amount Payable
HK$204,800
Total Interest Payable
HK$4,800
Monthly Payment
HK$8,533

【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for CreFIT ClearCard Credit via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.

From now until 4 July, new customers who successfully apply for CreFIT ClearCard Credit via MoneySmart and possess a good repayment record for the first 3 months after loan disbursement, can enjoy a HK$4,000 total in cashback and supermarket vouchers and a 7-day interest-free cooling-off period ("Cooling-off Period"), for the first 7 days after loan drawdown!



Reminder: CreFIT ClearCard Credit currently supports 16 Hong Kong credit card issuers. Upon the acceptance of the loan agreement, the fund will immediately be disbursed to the designated credit card account(s) via FPS! 🆕 The Cashout Feature is now available - Cash or Bill Settlement, Your Call!

Valid until 30 Jun 2024 - See more details below
Apply Now
AEON Flexi Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
APR*
4.63%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

 Successfully applied and drawdown of AEON Flexi Personal Loan / Debt Consolidation Loan will be eligible to receive up to HK$12,000 cash rebate#.



【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for Aeon Flexi Personal Loan / Debt Consolidation Loan via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
UA i-Money Express Online Personal Loan

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
Online approval and cash transfer via FPS
APR*
1.68%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【June Exclusive: Earn HK$1,000 Regardless of Approval!】Customers who successfully applied for designated UA  loans (refers to UA "NO SHOW" Personal Loan, UA "NO SHOW" Personal Loan - Car Loan, UA i-Money Express Online Personal Loan and UA Civil Servants and Professionals Express Loan), earn an extra HK$1,000 Apple Store Gift Card/ HK$1,000 PARKnSHOP Supermarket Voucher regardless of approval!



【Win Round-trip Tickets for Two to EUROPE】 New and existing customers¹ who correctly answered the football-related question, and successfully applied for and drawdown personal instalment loan with a repayment period of 12 months or above within the Campaign Period will stand a chance to win one set of round-trip direct economy class flight tickets for two adults to Europe^! Together with the best-in-town⁺ offer of up to HK$18,000^^ Cash Reward!

Valid until 30 Jun 2024 - See more details below
Apply Now
UA Civil Servants and Professionals Express Loan

Monthly Payment

HK$8,453

Monthly Payment
MoneySmart Exclusive
APR as low as 1.38%
APR*
1.38%
Total Amount Payable
HK$202,880
Total Interest Payable
HK$2,880
Monthly Payment
HK$8,453

【June Exclusive: Earn HK$1,000 Regardless of Approval!】Customers who successfully applied for designated UA  loans (refers to UA "NO SHOW" Personal Loan, UA "NO SHOW" Personal Loan - Car Loan, UA i-Money Express Online Personal Loan and UA Civil Servants and Professionals Express Loan), earn an extra HK$1,000 Apple Store Gift Card/ HK$1,000 PARKnSHOP Supermarket Voucher regardless of approval!



【Win Round-trip Tickets for Two to EUROPE】 New and existing customers¹ who correctly answered the football-related question, and successfully applied for and drawdown personal instalment loan with a repayment period of 12 months or above within the Campaign Period will stand a chance to win one set of round-trip direct economy class flight tickets for two adults to Europe^! Together with the best-in-town⁺ offer of up to HK$18,000^^ Cash Reward!

Valid until 30 Jun 2024 - See more details below
Apply Now
Grantit Non-TU and Express Personal Loan App

Monthly Payment

HK$8,713

Monthly Payment
Non-TU
APR*
4.2%
Total Amount Payable
HK$209,120
Total Interest Payable
HK$9,120
Monthly Payment
HK$8,713
Read More
X-Debt Consolidation Loan

Monthly Payment

HK$9,673

Monthly Payment
MoneySmart Exclusive
APR*
8.0%
Total Amount Payable
HK$232,160
Total Interest Payable
HK$32,160
Monthly Payment
HK$9,673
From now until 30 June 2024, both new and existing customers applying for the Zero Finance Debt Consolidation Plan for the first time, by entering the promotional code「DSMT500」during the application process, and successfully disbursed loan amounts of HK$150,000 or above, the eligible customer can enjoy HK$200 supermarket voucher. For disbursed loan amounts of HK$500,000 or above, the eligible customer can enjoy a HK$500 supermarket voucher!
Valid until 30 Jun 2024 - See more details below
Apply NowApply directly on MoneySmart
UA "NO SHOW" Personal Loan - Car Loan

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
APR*
1.68%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【June Exclusive: Earn HK$1,000 Regardless of Approval!】Customers who successfully applied for designated UA  loans (refers to UA "NO SHOW" Personal Loan, UA "NO SHOW" Personal Loan - Car Loan, UA i-Money Express Online Personal Loan and UA Civil Servants and Professionals Express Loan), earn an extra HK$1,000 Apple Store Gift Card/ HK$1,000 PARKnSHOP Supermarket Voucher regardless of approval!



【Win Round-trip Tickets for Two to EUROPE】 New and existing customers¹ who correctly answered the football-related question, and successfully applied for and drawdown personal instalment loan with a repayment period of 12 months or above within the Campaign Period will stand a chance to win one set of round-trip direct economy class flight tickets for two adults to Europe^! Together with the best-in-town⁺ offer of up to HK$18,000^^ Cash Reward!

Valid until 30 Jun 2024 - See more details below
Apply Now
AEON Debt Consolidation Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
APR*
4.63%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

 Successfully applied and drawdown of AEON Flexi Personal Loan / Debt Consolidation Loan will be eligible to receive up to HK$12,000 cash rebate#.



【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for Aeon Flexi Personal Loan / Debt Consolidation Loan via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
【MoneySmart Exclusive Product】WeLend Civil Servant & Professional Loan

Monthly Payment

HK$8,573

Monthly Payment
MoneySmart Exclusive
The lowest APR
1.88%
Total Amount Payable
HK$205,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$8,573

 Selected customers can receive up to HK$16,000 Cash Rebate upon successful draw down!

🔝💥Combo offer in June - MoneySmart exclusive offer of $1,000 application bonus】 From now until 30 June, successfully apply for Welend Personal Loan/ WeLend Card Debt Consolidation Loan/ Civil Servant & Professional Loan via MoneySmart,  you can earn extra HK$500 Deliveroo Gift Card & HK$500 vouchers (given out as 5,000 SmartPoints) regardless of approval! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
WeLend Card Debt Consolidation Loan

Monthly Payment

HK$8,573

Monthly Payment
MoneySmart Exclusive
The lowest APR
1.88%
Total Amount Payable
HK$205,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$8,573

【Limited Offer !】From now until June 30, Consolidate debt in 1 second^ to save interest. Boost your credit score in just one step! Selected customers can receive up to HK$16,000 Cash Rebate upon successful draw down! 

🔝💥Combo offer in June - MoneySmart exclusive offer of $1,000 application bonus】 From now until 30 June, successfully apply for Welend Personal Loan/ WeLend Card Debt Consolidation Loan/ Civil Servant & Professional Loan via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card & HK$500 vouchers (given out as 5,000 SmartPoints) regardless of approval! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
Cashing Pro Personal Instalment Loan

Monthly Payment

HK$8,733

Monthly Payment
APR*
4.4%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733
Read More
Cashing Pro Fast Personal Loan

Monthly Payment

HK$8,733

Monthly Payment
APR*
4.4%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733
Read More

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. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. 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.

Best Licensed Money Lender Loans in Hong Kong 2022

Money Lenders LoanAPR as low asFeatures
UA i-Money Express Online Personal Loan6.18%Enjoy 0% interest for loans under HK$100,000
UA Finance "NO SHOW" Personal Loan6.18%Fully online, instant cash transfer, including Sat & Sun upon loan approval
WeLend Personal Loan2.79%No income proof and address proof required for loan size less than $300,000
WeLend Debt Consolidation Loan2.79%Offer 3 personalized repayment plan for flexible choice
Promise Easy Loan4.49%Offer no doc loans, get approved even on Sunday
PrimeCredit Civil Servant & Professional Loan2.38%Enjoy as low as 0.1% monthly flat rate with 14-day Flexi Payment
PrimeCredit Fixed Loan2.38%Apply for personal loans from PrimeCredit's mobile application
PrimeCredit Tax LoanN/A10 mins instant approval with fast cash delivery within 1 hour
PrimeCredit Balance Transfer Loan2.38%Tailor-made faster repayment plan with instant approval
AEON Flexi Personal Loan4.48%Offer flexible repayment period up to 48 months without handling fee

What is a Licensed Money Lender?

Traditionally, going to the bank was the only way you could get a loan, whether secured (for example, a mortgage, where the bank holds your property as collateral to make sure you repay them) or unsecured (such as a personal loan disbursed in cash).


Today, though, it’s not just banks that do this. There are now hundreds of money lenders in Hong Kong - that is, any company that lends money to individuals.


For those who have difficulty getting a bank loan approved (due to lack of income or bad credit score, for example), money lenders are an alternative, even though they typically charge higher interest rates than banks do.


To protect yourself from illegal businesses, however, you should only borrow from a licensed money lender that is registered with the Hong Kong government. You can find a list of licensed money lenders in the Hong Kong Companies Registry (www.cr.gov.hk) website.

Licensed money lenders are governed by the Money Lenders Ordinance under Hong Kong law, which protects consumers and prevents lending companies from taking advantage of or harassing them.

How to compare the best loans from Lending companies in Hong Kong?

There are numerous lending companies offering loan services in Hong Kong, including personal loan, tax loan, debt consolidation loan and more, with benefits like instant cash delivery, no supporting documents required and loan approval on weekends etc. MoneySmart is here to help you pick the best personal loan from lending companies such as AEON, Promise, PrimeCredit, UA and WeLend, by comparing monthly interest rates, repayment amount, APR or more factors, to fit your financial needs in the most convenient way.

Licensed Lending Companies VS Bank

Approval Process

Licensed money lenders are usually more nimble than banks, so you can usually get a personal loan approved by a moneylender sooner - which would be crucial if you need to borrow money for a sudden emergency.

No Income Proof Required

In some cases, money lenders don’t even require supporting documents from you, which makes the process even quicker. For example, WeLend has a No Document Loan, where you do not need to submit income or address proof.

Application Procedure

Many moneylenders offer online loan applications for customers, which is appealing considering how quickly and conveniently you can get a loan this way.

Can You Borrow from a Money Lender with Bad Credit?

Going to a licensed money lender may be the most suitable option (or the only one) for applicants with bad credit scores. However, one will have to keep in mind that the interest rates from these companies are generally a lot higher than the rates offered by banks (due to the risky nature of these transactions). In Hong Kong, there are over one hundred licensed money lenders. The most popular money lending institutions include WeLend, Promise, UA Finance, and AEON.

Everything you need to know about borrowing from Money Lender

Flexible Payment Plans

Money lenders may charge higher APR than banks, but on the flip side, they usually offer more flexible repayment options, and it might make more sense to go with a money lender if you plan to repay the loan in a very short period (less than a year). While most banks charge fees like 1.5% or 2% if you repay the loan amount ahead of schedule, licensed money lenders typically do not charge such fees. So if your cash flow allows for it, you have the freedom to clear your debt earlier.

Loan Amount Restriction

Money lenders usually restrict the amount a person can borrow if only the minimum documents are submitted.

Terms of Agreement

It would be wise to spend time to read and understand the moneylender’s terms of the agreement . It is important to find out if collateral or guarantor is required. You also need to find out if you will be penalised for making advance payment and the interest rate for late repayment.

Flexible Payment Plans

Money lenders may charge higher APR than banks, but on the flip side, they usually offer more flexible repayment options, and it might make more sense to go with a money lender if you plan to repay the loan in a very short period (less than a year). While most banks charge fees like 1.5% or 2% if you repay the loan amount ahead of schedule, licensed money lenders typically do not charge such fees. So if your cash flow allows for it, you have the freedom to clear your debt earlier.

Personal Loans Eligibility

To apply for a loan, the applicant must be a permanent Hong Kong resident who is at least 18 years of age. Besides, applicants are usually required to submit proof of identity, income proof and proof of address.

Higher Interest Rates

There are many benefits in borrowing money from money lenders but they usually charge higher interest rates than banks, anywhere from 6-30% on average, since they are less strict in requirements, the risks of bad debts are higher.

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Frequently Asked Questions

When is the difference between APR or monthly flat rate when borrowing from lending companies?

You should always use APR (annual percentage rate) in calculation whether you are getting a loan from a bank or moneylenders. Although you can easily calculate the monthly repayment amount using monthly flat rates, APR includes fees you may be charged, like handling fee, interests etc, which can give you a better idea of how much you will pay exactly to take out a loan.

Is it safe to apply for personal loans from lending companies online?

You should always do your due diligence to protect yourself from online fraud and scams, though. For example, make sure the money lending site is encrypted (look for the padlock icon) and that the URL is correct. You should also read the terms and conditions carefully to protect yourself from unexpected circumstances.

How much can I borrow from lending companies in Hong Kong?

Most licensed money lenders do not stipulate specific loan limits; instead, they personalize the loan limit based on each applicant’s background, financial situation, and income.

How do I know if a money lender is licensed or not?

Check the Hong Kong Companies Registry for the most updated list of licensed money lenders. You can find this on the Companies Registry website. Should you encounter a company that claims to be licensed, you can also check CR for lists of expired, dismissed and withdrawn money lending licenses.

What is the Money Lenders Ordinance?

The Money Lenders Ordinance is a set of laws that regulate money lending companies in Hong Kong. These are typically meant to protect the consumer. For example, money lenders are prohibited from lending money at more than 60% per annum effective interest rate. Moneylenders are required by law to follow these rules, but of course, there are unlicensed ones with illegal practices as well.

How to get a lower interest rate on a personal loan?

It is important to maintain a good credit rating, which will affect your interest rates. You can do so by paying off debts or correcting any errors in your credit history.

What is APR?

APR (annual percentage rate) is your interest rate stated as a yearly rate, which shows your borrowing cost. An APR for a loan can include fees you may be charged, like handling fees. APR is important because it can give you a good idea of how much you will pay to take out a loan. The lower the APR, the cheaper the loan is.

Are money lending companies legal?

It depends. The Money Lenders Ordinance is a set of laws that regulate money lending companies in Hong Kong. These are typically meant to protect the consumer. For example, money lenders are prohibited from lending money at more than 60% per annum effective interest rate. Money lenders are required by law to follow these rules, but of course, there are unlicensed ones with illegal practices as well.