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
300,000 personal loan Paid over 24 months
HK$
We found 24 Personal Loans for you!
Promise logo

Monthly Payment

HK$13,100

Monthly Payment
MoneySmart Exclusive
Instant Approval Online◉
APR*
4.49%
Total Amount Payable
HK$314,400
Total Interest Payable
HK$14,400
Monthly Payment
HK$13,100
[Get HK$10,000 loan with HK$500 Cash Rewards] From now until 31 March 2024, successfully apply for Promise Loan and drawdown with the loan amount of HK$10,000, can enjoy HK$500 cash rewards▲. No Supporting Documents Required#. Online Instant Approval⦿.
Valid until 31 Mar 2024 - See more details below
Promotion ends in
Apply Now
PrimeCredit logo

Monthly Payment

HK$12,650

Monthly Payment
MoneySmart Exclusive
APR*
1.18%
Total Amount Payable
HK$303,600
Total Interest Payable
HK$3,600
Monthly Payment
HK$12,650
【MoneySmart Exclusive Limited Offer!】 Up to HK$12,000 Cash Bonus + exclusive offer of up to HK$7,800 Apple Store Gift Card 🔥 for successful application via MoneySmart! Get up to a total of HK$19,800 reward!
Valid until 31 Mar 2024 - See more details below
Promotion ends in
Apply Now
UA Finance logo

Monthly Payment

HK$13,310

Monthly Payment
MoneySmart Exclusive
No document is required
APR*
1.68%
Total Amount Payable
HK$319,440
Total Interest Payable
HK$19,440
Monthly Payment
HK$13,310

🔔Flash Deal Alert: Secure HK$1,000 with Your Application!From 28 March until 31 March, customers who successfully applied for UA i-Money Express Online Personal Loan/UA "No Show" Personal Loan/ UA "NO SHOW" Personal Loan - Car Loan via MoneySmart, can earn an extra HK$1,000 Apple Store Gift Card/ PARKnSHOP Supermarket Market Voucher regardless of approval!


【UA rewards you the Best-in-town+ offer!】Cash Reward up to $18,000^ for all new and existing customers*! See more details of the limited-time offer below.

Valid until 31 Mar 2024 - See more details below
Promotion ends in
Apply Now
WeLend logo

Monthly Payment

HK$12,860

Monthly Payment
MoneySmart Exclusive
The lowest APR
1.88%
Total Amount Payable
HK$308,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$12,860
 Selected customers can receive up to HK$16,000 Cash Rebate upon successful draw down!
Valid until 31 Mar 2024 - See more details below
Apply Now
PrimeCredit logo

Monthly Payment

HK$12,650

Monthly Payment
MoneySmart Exclusive
APR*
1.18%
Total Amount Payable
HK$303,600
Total Interest Payable
HK$3,600
Monthly Payment
HK$12,650
【MoneySmart Exclusive Limited Offer!】 Up to HK$12,000 Cash Bonus + exclusive offer of up to HK$7,800 Apple Store Gift Card 🔥 for successful application via MoneySmart! Get up to a total of HK$19,800 reward!
Valid until 31 Mar 2024 - See more details below
Apply Now
Promise logo

Monthly Payment

HK$13,100

Monthly Payment
MoneySmart Exclusive
Instant Approval Online◉
APR*
4.49%
Total Amount Payable
HK$314,400
Total Interest Payable
HK$14,400
Monthly Payment
HK$13,100
[Get HK$10,000 loan with HK$500 Cash Rewards] From now until 31 March 2024, successfully apply for Promise Loan and drawdown with the loan amount of HK$10,000, can enjoy HK$500 cash rewards▲. You can apply even without a full-time job◆
Valid until 31 Mar 2024 - See more details below
Apply Now
WeLend logo

Monthly Payment

HK$12,860

Monthly Payment
MoneySmart Exclusive
The lowest APR
1.88%
Total Amount Payable
HK$308,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$12,860
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! 
Valid until 30 Apr 2024 - See more details below
Apply Now
AEON Credit Service logo

Monthly Payment

HK$13,040

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
4.17%
Total Amount Payable
HK$312,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$13,040

Upon successful application and drawdown, AEON Tax Loan will be eligible to receive up to HK$10,000 cash rebate and Offer monthly flat rate as low as 0.14%! Apply now and enjoy the cash rebate!

【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application.

From now until 31 March, apply for AEON Too Easy Tax Loan via MoneySmart, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.

Valid until 31 Mar 2024 - See more details below
Read More
PrimeCredit logo

Monthly Payment

HK$12,650

Monthly Payment
MoneySmart Exclusive
APR*
1.18%
Total Amount Payable
HK$303,600
Total Interest Payable
HK$3,600
Monthly Payment
HK$12,650
【MoneySmart Exclusive Limited Offer!】 Up to HK$12,000 Cash Bonus + exclusive offer of up to HK$7,800 Apple Store Gift Card 🔥 for successful application via MoneySmart! Get up to a total of HK$19,800 reward!
Valid until 31 Mar 2024 - See more details below
Apply Now
UA Finance logo

Monthly Payment

HK$13,310

Monthly Payment
MoneySmart Exclusive
Online approval and cash transfer via FPS
APR*
1.68%
Total Amount Payable
HK$319,440
Total Interest Payable
HK$19,440
Monthly Payment
HK$13,310

🔔Flash Deal Alert: Secure HK$1,000 with Your Application!From 28 March until 31 March, customers who successfully applied for UA i-Money Express Online Personal Loan/UA "No Show" Personal Loan/ UA "NO SHOW" Personal Loan - Car Loan via MoneySmart, can earn an extra HK$1,000 Apple Store Gift Card/ PARKnSHOP Supermarket Market Voucher regardless of approval!


【UA rewards you the Best-in-town+ offer!】Cash Reward up to $18,000^ for all new and existing customers*! See more details of the limited-time offer below.

Valid until 31 Mar 2024 - See more details below
Apply Now
Zero Finance logo

Monthly Payment

HK$14,510

Monthly Payment
MoneySmart Exclusive
5s A.I. Approval , 24/7 FPS Fund Transfer
APR*
8.0%
Total Amount Payable
HK$348,240
Total Interest Payable
HK$48,240
Monthly Payment
HK$14,510

[MoneySmart Exclusive - Up to HK$1,400 rewards!] From now until 31 March 2024, new customers who apply for X Wallet eXpress Loan for the first time, and enter the promo code "SMT1400”, can earn an extra HK$300 PARKnSHOP supermarket voucher from MoneySmart!

"Eligible" new customers who successfully drawdown HK$20,000 or above and meet the following conditions can enjoy HK$800 Cash Reward from X Wallet and an extra HK$300 PARKnSHOP Supermarket Voucher from MoneySmartEnjoy the welcome offer of HK$1,400 in total!

Valid until 31 Mar 2024 - See more details below
Apply Now
Grantit logo

Monthly Payment

HK$13,070

Monthly Payment
Non-TU
APR*
4.2%
Total Amount Payable
HK$313,680
Total Interest Payable
HK$13,680
Monthly Payment
HK$13,070
Read More
WeLend logo

Monthly Payment

HK$12,860

Monthly Payment
MoneySmart Exclusive
The lowest APR
1.88%
Total Amount Payable
HK$308,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$12,860
 Selected customers can receive up to HK$16,000 Cash Rebate upon successful draw down!
Valid until 31 Mar 2024 - See more details below
Apply Now
UA Finance logo

Monthly Payment

HK$12,680

Monthly Payment
MoneySmart Exclusive
APR as low as 1.38%
APR*
1.38%
Total Amount Payable
HK$304,320
Total Interest Payable
HK$4,320
Monthly Payment
HK$12,680
【UA rewards you the Best-in-town+ offer!】Cash Reward up to $18,000^ for all new and existing customers*!
 
Offer valid until 30 April 2024, please refer to more details below.
Valid until 30 Apr 2024 - See more details below
Apply Now
PrimeCredit logo

Monthly Payment

HK$12,650

Monthly Payment
MoneySmart Exclusive
APR*
1.18%
Total Amount Payable
HK$303,600
Total Interest Payable
HK$3,600
Monthly Payment
HK$12,650
【MoneySmart Exclusive Limited Offer!】 Up to HK$12,000 Cash Bonus + exclusive offer of up to HK$7,800 Apple Store Gift Card 🔥 for successful application via MoneySmart! Get up to a total of HK$19,800 reward!
Valid until 31 Mar 2024 - See more details below
Apply Now
AEON Credit Service logo

Monthly Payment

HK$13,100

Monthly Payment
Bank Promo
APR*
4.64%
Total Amount Payable
HK$314,400
Total Interest Payable
HK$14,400
Monthly Payment
HK$13,100
Bank Promo:
Successfully applied and drawdown of AEON Flexi Loan will be eligible to receive up to HK$12,000 cash rebate#.
Valid until 31 Mar 2024 - See more details below
Apply Now
WeLend logo

Monthly Payment

HK$12,860

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
The lowest APR
1.88%
Total Amount Payable
HK$308,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$12,860

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



【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application. From now until 31 March, apply for WeLend Personal Loan (Available for tax season) via MoneySmart, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.

Valid until 31 Mar 2024 - See more details below
Apply Now
UA Finance logo

Monthly Payment

HK$13,310

Monthly Payment
MoneySmart Exclusive
APR*
1.68%
Total Amount Payable
HK$319,440
Total Interest Payable
HK$19,440
Monthly Payment
HK$13,310

🔔Flash Deal Alert: Secure HK$1,000 with Your Application!From 28 March until 31 March, customers who successfully applied for UA i-Money Express Online Personal Loan/UA "No Show" Personal Loan/ UA "NO SHOW" Personal Loan - Car Loan via MoneySmart, can earn an extra HK$1,000 Apple Store Gift Card/ PARKnSHOP Supermarket Market Voucher regardless of approval!


【UA rewards you the Best-in-town+ offer!】Cash Reward up to $18,000^ for all new and existing customers*! See more details of the limited-time offer below.

Valid until 31 Mar 2024 - See more details below
Apply Now
AEON Credit Service logo

Monthly Payment

HK$13,100

Monthly Payment
Bank Promo
APR*
4.64%
Total Amount Payable
HK$314,400
Total Interest Payable
HK$14,400
Monthly Payment
HK$13,100
Bank Promo:
Successfully applied and drawdown of AEON Debt Consolidation Loan will be eligible to receive up to HK$12,000 cash rebate#!
Valid until 31 Mar 2024 - See more details below
Apply Now
Cashing Pro logo

Monthly Payment

HK$13,100

Monthly Payment
APR*
4.4%
Total Amount Payable
HK$314,400
Total Interest Payable
HK$14,400
Monthly Payment
HK$13,100
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.