12 MONTHS LOANS SAME DAY PAYOUT BAD CREDIT

12 MONTHS LOANS SAME DAY PAYOUT BAD CREDIT

The last thing you need is a bad financial situation turned worse, and this is where 12 Months loans same day payout bad credit can save the day real quick. Many people who use these short-term loans and then return to lenders later again appreciate the effective help when other options are not available. For those who have bad credit, it comes as a relief to get an emergency loan!

3 EASY STEPS TO GET THE LOAN

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Click Apply Now button and fill in the secure online application form.
Easy and Fast: No hassle, No paperwork, No faxing!
60 Seconds Approval

Get approved for your loan in less than 60 seconds!
Instant approval is our priority and our!
Minimum requirements for being approved for a loan!
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Get you funds deposited same day!
Yes, we give cash in less than 24 hours!
Quick, Easy and Confidential

PAYDAY LOANS BAD CREDIT NO CHECKS!


Our life is unpredictable and it can change suddenly due to an incident that comes without warning. As a result, we may need extra cash to meet sudden demands. These unexpected events cause a lot of stress and pressure, as they should be handled very quickly. Quite often, we can solve our financial problems normally with the money saved in our checking or savings bank accounts. But in some cases it is impossible to find the money on time. Here the fast payday loans come into play!

Fast cash in seconds
Usually these easy loans are offered for emergency needs, so it is very easy to acquire these finances because you can be approved in fifteen minutes. Yes, it is true. With payday loans same day payout, you can get your funds within a few hours. After submitting your online application, you will get the fund direct to your bank account and solve the emergency problem.

Easy borrowing
The application process involves providing confidential information (such as your name, address, employment history, contact number, etc.). Besides being 18 years old you must have a decent monthly salary so that your direct lender can count on you for the timely disbursement of funds. Of course, to receive funds from the loan company, you must have a checking or saving bank account that is used to accept funds. Later the same account will be used to withdraw the loan amount. Thus, a verified bank account is a necessity if you want to get the payday loans without vising the direct lender personally.

Applying for payday loans you can get $100, $300, $500 or even $1000 dollars. But, if we look at traditional loans, they are too complex to deal with. For example, it requires a lot of time to complete applications for these loans. You must wait for weeks to get approved and provide more than just basic information. Thus, payday loans low fees are more beneficial in every way.

Direct loans lenders that help!
The interest rate is something that can be compared as you try to find a better direct loan lender. Many online lenders offer lower than average rates of facing a competitive market. The good thing about finding a reliable direct lender is that once you found one, getting quick cash for a financial emergency will be even easier and faster. So take the time to find the best payday lender. Actually, it may be useful to make a list when you have free time and before you are in the middle of financial crisis. Just to be safe! Take the time to find several payday loans with guaranteed approval and have a plan of action if the emergency occurs.

If you can not repay your loan on time, you should be prepared to pay extra interest. There may be some type of service fees for extending or rolling over a loan, but it always depends on the lender and you need to discuss this aspect in advance. Your interest charge definitely should not change. From term to term, your short term loan should continue to be treated the same, unless you are told in advance. Extra fees are an easy way to an unethical lender to prey on a borrower's inability to repay the loan as scheduled.

Do not overpay for payday loans
The best payday loans offered to anyone needing quick cash would come from a lender that does not charge excessive fees. With a little time spent digging into the payday lending market, you will be able to find one that takes the extra cost down. These lenders understand that customers are going through a difficult time and they act accordingly. Do your homework to avoid spending money you do not have to spare and avoid those who try to take advantage of your situation.

The most common fee for payday loans is interest or service charges. Because these loans have an average of two weeks in duration, there is no time intended to earn interest. And lenders will charge a fee for the loan to earn profit. The use of third-party funding is not free so do not be alarmed to see the extra cost, it is normal. A good lender would not charge other fees if the money is paid on the agreed due date. There are companies that try to hide application fees in the processing your request. They may charge an average of $ 20-30 from the bank account of each candidate with or without approval status. It can be avoided by looking for a “free application” message on their website or calling and asking questions about fees for applications. Sending a loan application must be free, so if it is not, you should choose another loan provider without hesitation.

                                        READY TO GET LOAN? APPLY NOW!

The difference between payday loans providers and other creditors

Getting payday loans is quite easy. You can find a direct lender at the Internet or visit a local storefront shop. Finding a service provider is rarely the main problem with the short-term lending industry. Choosing the one you can afford and that offers flexible repayment terms without additional exorbitant fees could be quite a challenge. It is very important that you work with a responsible lender to keep your credit report clean and clear.

When your credit score fell into a subprime category, or if you still have to build your credit history because you never used credit before, you are very limited when it comes to financial help. Creditors will often provide a credit card, but the credit limit will be low and the interest will be much higher than for people with excellent credit. These companies see you as a risk right now and will increase your limit and make interest rates more affordable with proper payment history.

Payday loans providers do not do things this way. The rates are not determined by the applicant’s credit activity, there is a standard fee for each loan depending on its size and repayment duration. In order to get a lower rate, you will have to shop for a lender who provides more competitive prices. It is always better to ask lots of questions during your search, because if you get the answers erased before your loan is processed, you know exactly what you are signing for. Well explained answers will give you a good overview of how a company manages its business relationships with the customers.

Probably, your main concern is the repayment period for payday loans. It ranges from 14 to 31 days, so you have about a month to cover the borrowed amount plus interest. Most payday lenders let customers expand the repayment terms if they do not have enough money on the due date. But you need to check if your provider has this option before signing in.
                                   

5 main benefits of payday loans in a difficult financial situation

Payday loans are popular for many reasons. Generally speaking, there are situations that require instant money and then advantages of short-term loans outnumber their disadvantages.

Imagine putting yourself in place of the person who looks for an instant solution. You may have to pay a huge car repair bill, or you may really need to travel unexpectedly, as in the case of death in family. Whatever the reason is, you desperately need money and you do not have it just now. And this is when you clearly see the benefits of payday loans:

No credit check;
No upfront fees;
An easy way of application;
Quick processing;
Quick transfer.
Obviously, these are sufficient reasons to get rid of the stress of staying short on cash with payday loans. You will be able to solve the problem effectively and move on with your life.

Payday loans companies are everywhere. There are over 450,000 payday loan companies in operation in the United States and much more distributed in the same way worldwide. If there is not a loan store near you, you can search at the Internet and find the best offers there.

Now that we have studied the convenience of payday loans, take a look at their disadvantages. The main trick is timely payment. If perhaps you arrived short again, you should not be troubled – payday loans are extendable or renewable. This option is called “rollover” and if you do it more than once, it will cost you a fortune.

Imagine you borrowed $ 150 for two weeks (until your next salary). You give a check to the loan provider for $ 180 (a $ 20 fee for every $ 100). If perhaps you can not pay $ 180 on the due date, you can refinance the loan for another couple of weeks. Next time you will have to pay more than $ 200. Numbers are scary, so do not miss the payment on payday loans.

Home Equity Loans offer a fixed rate for easy budgeting

LOAN RATES


May 1, 2016
Personal Loans
Maximum Term APR
(Refers to Annual Percentage Rate) Cost/$1000 Borrowed
48 Months As Low As 10.00% *APR $25.49
New Autos, Trucks & Vans - 2013-2016 (Up to 130% of KBB/MSRP, including tax & license.)
Maximum Term APR Cost/$1000 Borrowed
48 Months As Low As 2.25% *APR $21.81
60 Months As Low As 2.25% *APR $17.64
72 Months* As Low As 2.25% *APR $14.87
84 Months** As Low As 2.99% *APR $13.22
*Minimum balance financed $15,000
**Minimum balance financed $20,000
Used Autos, Trucks & Vans - 2009-2012 (Up to 130% of KBB, including tax & license.)
Maximum Term APR Cost/$1000 Borrowed
48 Months As Low As 2.25% *APR $21.81
60 Months As Low As 2.25% *APR $17.64
72 Months* As Low As 2.25% *APR $14.87
*Minimum balance financed $15,000
For vehicles 2008 and older or over 100,000 miles please contact the loan department at (559) 226-8282, Option 2.
New Recreational Vehicles - 2013-2016 (Up to 80% of MSRP or NADA value, including tax & license.)
Maximum Term Min Loan APR Cost/$1000 Borrowed
60 Months $5,000 As Low As 5.25% *APR $18.88
72 Months $15,000 As Low As 5.25% *APR $16.11
84 Months $25,000 As Low As 5.75% *APR $14.38
120 Months $30,000 As Low As 6.25% *APR $11.11
144 Months $30,000 As Low As 6.50% *APR $9.90
Used Recreational Vehicles - 2006- 2012 (Up to 80% of NADA value, including tax & license.)
Maximum Term Min Loan APR Cost/$1000 Borrowed
60 Months $5,000 As Low As 6.25% *APR $19.34
72 Months $15,000 As Low As 6.50% *APR $16.70
84 Months $25,000 As Low As 7.25% *APR $15.10
120 Months $30,000 As Low As 7.50% *APR $11.75
144 Months $30,000 As Low As 7.75% *APR $10.56
New Boats - 2013-2016 (Up to 80% of MSRP or NADA value, including tax and license.)
Maximum Term Min Loan APR Cost/$1000 Borrowed
60 Months $5,000 As Low As 5.0% *APR $18.88
72 Months $15,000 As Low As 5.25% *APR $16.23
84 Months $25,000 As Low As 5.5% *APR $14.38
120 Months $30,000 As Low As 6.0% *APR $11.11
Used Boats - 2006-2012 (Up to 80% of NADA value, including tax and license.)
Maximum Term Min Loan APR Cost/$1000 Borrowed
60 Months $5,000 As Low As 5.5% *APR $19.11
72 Months $15,000 As Low As 5.5% *APR $16.34
84 Months $25,000 As Low As 5.75% *APR $14.50
120 Months $30,000 As Low As 6.25% *APR $11.23
New Motorcycles - 2013-2016, 1200 cc's and over (Up to 80% of MSRP or NADA value, including tax & license.)
Maximum Term APR Cost/$1000 Borrowed
72 Months As Low As 5.00% *APR $16.11
Used Motorcyles - 2006-2012, 1200 cc's and over (Up to 80% of NADA value, including tax & license.)
Maximum Term APR Cost/$1000 Borrowed
72 Months As Low As 5.75% *APR $16.58
Home Equity Loan
Term APR Cost/$1000 Borrowed
7 Years As Low As 3.49% (Fixed rate) *APR
15 Years As Low As 5.49% (Fixed rate) *APR
VISA Credit Card
Term APR Cost/$1000 Borrowed
Revolving 15.49% (Fixed rate) *APR
Quick Line of Credit / Overdraft Protection for Share Draft Checking Account
Term APR Cost/$1000 Borrowed
Revolving 14.00% *APR
'As low as' rates include

0.25% rate reduction for automatic payments with direct deposit, restrictions apply.

All loans are subject to credit approval. The Annual Percentage Rate on designated loan types will be determined by: the credit history of the applicant(s), the terms of the loan, and the dollar amount financed. All loan rates are subject to change without notice. Certain restrictions may apply.
Loans also available for:

Share Secured Loan Certificate Secured Loan
Share Secured Visa First Mortgage Loans
Home Equity Line of Credits.
HOME LOANS
Effective Date: May 1, 2016
Mortgage Loans:

Don't just dream it. Make it a reality with a mortgage loan from your credit union. Vast choices of mortgage loans are available for purchasing your first home or refinancing your current home. Apply On-Line from the comfort of your own home or speak with a mortgage specialist, call 1-888-469-0191.

Home Equity Loans:


Put your home's equity to work for you. Use the money for home improvements, remodeling, a special vacation, or debt consolidation. The choice is yours.

Home Equity Loans offer a fixed rate for easy budgeting.

Term APR* Loan to Value
7 Years 3.49% *APR 80%
15 Years 5.49% *APR 80%
* Annual Percentage Rate

Home Equity Line of Credit

A Home Equity Line of Credit at First California Federal Credit Union is currently 6% APR. Maximum lifetime APR is 12% APR.

All mortgage products are limited to owner-occupied residences in California and subject to all Credit Union policies and procedures. For details, call the credit union at (559) 226-8282, option 2 and speak with the loan department.

All loans subject to credit approval. The Annual Percentage Rate on designated loan types will be determined by: 1) the credit history of the applicant(s), 2) the terms of the loan, and 3) the dollar amount financed. All loan rates subject to change without notice. Certain restrictions may apply.

DIVIDEND RATE & YIELD SCHEDULE




May 1, 2016
Account Name Rate Type Min Opening Balance Min Balance Required Dividend Rate APY**
Membership Account $5 $5 Non Dividend Earning  
Holiday Club Variable $5 $5 0.10% 0.10%
Vacation Club Variable $5 $5 0.10% 0.10%
Total Saver Variable $5 $5  
  5-249.99 0.00% 0.00%
  250-2,999.99 0.10% 0.10%
  3,000-4,999.99 0.10% 0.10%
  5,000-9,999.99 0.15% 0.15%
  10,000-49,999.99 0.15% 0.15%
  50,000-99,999.99 0.20% 0.20%
  100,000-over 0.20% 0.20%
Freedom Savings
16-17 yrs of age Savings $5 $5 0.10% 0.10%
Future Savers
5-15 yrs of age Savings $5 $5 0.10% 0.10%
Share Draft Checking $25 No Minimum Balance Required Non Dividend Earning  
Freedom Checking
16-17 yrs of age Checking $25 No Minimum Balance Required Non Dividend Earning  
IRA Accumulation Variable $100 $100 0.10% 0.10%
IRA Split Rate Variable $1,000 $1,000  
  1,000-2,999 0.15% 0.15%
  3,000-4,999 0.20% 0.20%
  5,000-over 0.20% 0.20%
Dividends are computed on all "dividend paid" accounts with a minimum of $5.00. Dividends are computed on the daily balance method; the application of a daily periodic rate to the full amount of ending principal in the account each day. Dividends begin accruing as of the date of deposit. Dividends are paid and compounded monthly. 

** Annual Percentage Yield.
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Loans for People With Poor Credit -- No Matter What the Reason!

Credit & Loan Solutions for Bad Credit

Having a shortage of cash can cause you to become late on bills or other obligations. By now you may be exploring options to quickly get a bad credit loan because your credit score falls in the high risk zone. Did you get turned down from your bank because you do not meet their requirements to get approved? You must remember that just because you get turned down one place, does not mean that you can’t get approved through another lender. These are loans for people with bad credit that will allow you to get approved quickly with cash in your pocket. Personal loans make a popular choice because of the flexibility the loans offer. Bad credit loans can offer a number of advantages that can make your life easier such as:

* Easy qualification with terms that you can afford 
* Easy application so you won’t have the hassle of a long complicated process
* Fixed terms and rates that allow you to make repayment predictable and easier to budget
* Low minimum loan amounts depending on lender requirements

You can get poor credit loans for nearly any purpose rather to pay bills or consolidate debt. A loan can be a smart way to consolidate your high interest rate balances into one manageable monthly fixed rate and payment. You could end up with more cash at the end of your paycheck by paying less on interest and shortening the length of your loans term. Now, this is one way some of our clients have utilized loans for bad credit but what are some additional uses of a personal loan? You can use your loan to pay for planned expenses, medical bills, auto repairs, home improvements and much more. The list of uses is practically endless.

With loans for people with bad credit you can meet immediate expenses, when you want a fixed annual percentage rate and monthly payment. You will receive the entire loan amount upfront when approved. Typical credit decisions are quick and once approved you could access the funds in the same business day. Some lenders may not even charge a loan origination fee. You can find a lot of information on loans all over the internet but you must narrow out what is fact. Not all companies will give you the correct information because it better benefits you if they do not disclose the truth. One important thing to remember is to always fill out applications that are secure. If you fill out an unsecured application, you are at risk of your information being sold to third parties. Now that you are informed on the benefits of what personal loans can provide you, how do you go about getting the cash you need?

It is very simple to apply for loans through the FLN network! That is good news for you! All you need to do is fill out and complete our online application and get approved to receive fast cash. Our application is free and secure which gives you the comfort of a safe and reliable service. Once your application is reviewed and approved you can receive the requested funds in a very short time frame, so keep an eye on your account after receiving approval. Feel free to contact us and we can answer any questions or concerns you may have. Also, it is always appreciated if you will leave us feedback on our services. Begin today by filling out our bad credit personal loans application. Our application is secure and ready for you to begin. 

Car loans, home improvement loans, loans to cover some unpaid bills, debt consolidation, RV loans, vacation loans, or a loan to purchase your latest "toy" -- Tebo Loans will offer you a dignified experience no matter what reason you find you need a loan.

Many of our customers inquire by loans for people with poor credit. Tebo is here to tell you that no matter what reason you may have poor credit, we won't judge you, nor will we harass you. There are so many valid reasons that a poor credit history develops, and many times it's just a curve that life threw you.

Tebo doesn't want you to worry. You will experience a dignified and fast loan application process and approval notification. We offer loans for a variety of reasons, and here are just a few:

Auto loans
 

Loans available to Ohio customers only:

Car repair loans
Motorcycle loans
Debt consolidation loans
Home improvement loans and home remodeling loans
RV loans
Boat loans and other watercraft loans
Medical expense loans
Hot water heater loans, furnace loans, A/C loans, and other major appliances in the household
Vacation loans
Private education loans

Car Loans for Bad Credit


The desire to own a vehicle is not only common, but seems to be in our nature. Obtaining an auto loan to purchase a new car, is the beginning of success, as though it forms a chain reaction. As a person, you work hard to gain new things. Eventually you have acquired some mode of transportation, which allows you to get from point “A” to point “B”, or from home to work. When you continue to work hard, you might develop new skills, perhaps an increased salary, and it’s time for an upgrade. You want to go from the 1987 sedan sitting in your driveway, to a more, up to date 2014 sports car. But first, you need to obtain an auto loan but your credit may be less than up to par because of some past financial downturn events that may have happened to you. Now even though most of your life is on track, your credit may not reflect that at the current moment in time. Now, you have heard of ways to improve your credit score, but as we all know, this can be an extremely long process. Getting bad credit car loans should give you an opportunity to get a newer vehicle and help you also to rebuild your credit by paying the monthly payment on time. Bad credit auto loans can be used as an advantage to build credit quicker than credit cards or other smaller types of loans.

Every now and then, there are some kinks in a chain. You have reached a point in your life where you feel that being approved for car loans is an impossible task. Auto financing is still possible through creative lenders that accept poor credit. Most lenders view bad credit as a high risk loan and are quick to decline your application.  You may have been rejected from auto loan service representatives for a plethora of reasons including, but not limited to:

Poor credit scores
Limited credit experience
Lack of satiable income
Once you have been turned away, you receive a reminder in the mail, rejecting your application and becomes frustrating.  You are a good, hard-working person, looking for a fresh start. What the loan representative did not know, is that you have had some drastic changes in your life. You may have recently gone through a divorce, or perhaps you have just moved and haven’t quite found a job. What you did not know, is that you can still receive auto loans for bad credit. The other loan services do not take your past hardships into consideration. You could tell them that you have always made other payments on time, and always come up with the finances you need to make the payments, but it rarely makes any difference. This is not valued as heavily as a credit report because it can lie. This may not be right but, its the way it is. FLN offers you creative options through our loan applications for bad credit. We offer a wide range of loan applications, so be sure to choose the correct loan for your situation. In this case you are here to apply for car loans! Lets get to the highlights of what FLN has to offer you and your family!

Here at FLN, we provide you with a 100% free application to procure a car loan, regardless of a bad credit score. Car loans for people with bad credit doesn’t seem so impossible now does it? In fact, bad credit auto loans have never been more quick, and easy to obtain. Simply fill out the free application provided by FLN, and you could be driving away from that car lot by morning. FLN provides a quick and convenient method of applying through our secure system which could help you obtain bad credit car loans for free today! Thank you for applying through our financial network!

Car Title Loans Available Nationwide

If you have a car you should be able to get a loan! In the past year you may have noticed an increase wave of title loan companies become extremely marketed online, on tv, radio and many other sources. The reason that these types of loans have made a huge hit in the financial industry is because as markets were not at their best, people started to slip up on paying their bills. Once people could not pay their bills, they began to build a report that did not benefit their credit score. Credit recording companies hit an all time high of people of all walks having a hard time. This is no surprise as it happens to the best of us when times get hard. Once banks were much more stringent on their loan qualifications, there were fewer and fewer people being approved. Now where do you turn? Creative financial companies decided that a lot of people own their car and they could have the ability to loan hard cash out quickly with a car title. These loans are very useful because in many circumstances all you need to do is provide your auto title and you can receive title loans easily and affordably. This turned out to be a brilliant plan because people that once could not get approved through any other financial lender are now able to get approved from other lenders.

FLN provides you the client with several applications that can give you an opportunity of getting approved for the loan that might save your current finance problems. Think about that! You apply through our simple online network and receive cash today! Wouldn’t that be the quickest service you’ve ever heard of when it comes to getting approved for title loans? We have seen thousands of applicants that have had success even with bad credit. That is another unique feature of auto title loans, your credit is not weighted as heavily as if you were to apply for a standard loan from your bank. As we mentioned above, these types of loans can be known as a credit proof loan. All you need is an auto title! So how can you get started today?

Simply locate our application on this website. Make sure that you have selected the correct loan for your needs. Once you have determined the type of loan that best suites your current needs, open the application. Once the application is up, you can type in all the required fields, and submit the application. That’s it! Your application is instantly processed through our network and you should know quickly rather you got approved or not. In order to have the best shot at approval, please make sure to fill out the car title loans application thoroughly. The more thorough and accurate you can be while entering all the information, the quicker your approval should be received. This is a common fact regardless of where you apply. Do not let that intimidate you though because the loan app is very simple and user friendly. It is also a secure app which provides you with information security from being stolen from our app. This is a feature that you will want when applying for loan online.
Thank you for allowing us to serve you and please leave feedback on your experience with FLN after you apply. We feel strongly that you will appreciate our network but if you do not, please let us know how we can improve. We hope your car title loans experience was professional and you find us a great tool for you and your family!.
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Do a personal audit.Managing your loan

Managing your loan

If you need money to cover an unexpected expense, to consolidate debt or to assist with a planned occasion then a personal loan has its benefits. Unlike a credit card, applying for personal finance comes with competitive interest rates. If you’re approved, your money will be instantly transferred into your account. Now what? Sure, you’ve committed to a fixed monthly repayment and you have Credit Life Insurance should you be retrenched, disabled or in the event of death. But how can you effectively manage your personal loan?
 
Do a personal audit
Create a list of all your debt obligations and monthly expenditure. Is there enough money to cover your monthly repayments and maintain your lifestyle? If the answer is no, you may need to reassess your spending habits.

Make financial resolutions
Not everyone is a financial planner. If, by the first of each month, you’re left wondering where your salary went then its time to get a grip on your finances. Start thinking with a frugal mind and make saving a habit. Set yourself goals to pay off debt by a certain date.

Don’t make more debt

If you can’t really afford to buy the latest flat screen TV, then don’t do it. Putting food on the table is more important than keeping up with the Joneses. Rather focus on settling your current debt first. Remember to settle debt with higher interests first.

A personal loan can be helpful when you need extra cash, but you should always manage your debt carefully.

About flexible term Personal Loans

How to qualify

  • You are 18 years of age or older
  • You are a South African citizen or permanent resident
  • As a non-South African citizen, you have a valid passport or study permit

Highlights

  • After you repay 15% of the loan you can extend it, without applying again
  • Your repayment amount does not change - only the repayment term
  • To increase your limit, call 010 249 0279 or visit your branch
  • Includes insurance cover that will pay off your loan in the event of your death, permanent disability or critical illness

What it costs

  • Pay a once-off initiation fee
  • Pay a monthly service fee

What you'll need

  • Your ID book
  • Your last payslip, or proof of income
  • Proof of home address (up to 3 months old)
  • New customer? Include 3 months' bank statements

Additional information

  • The interest rate is linked to the prime rate, which is based on your risk profile
  • When the prime rate interest changes, your minimum repayment amount remains unchanged. Only the loan period increases or decreases

Apply for a Personal Loan

Apply Standard Chartered Personal Instalment Loan online and drawdown to get Preferential Interest Rate and up to HK$500 Cash Coupon / 5,000 Asia MilesTM







Standard Chartered Personal Loan Services can help you achieve your goals by providing you with extra cash at a low interest rate quickly and easily. Make your plans a reality now!





Standard Chartered Personal Instalment Loan

APR as low as 2.6%1
Loan Tenor up to
60-month
Loan amount
up to HK$2,000,000 or
18x your monthly salary
(whichever is lower)
Up to
12 months interest rebate2


  • Repayment table:

Loan Amount^ (HK$)Loan Tenor
 12 months24 months36 months48 months60 months
$100,000 - $199,999Annualised Percentage RateΔ4.78%4.92%4.93%4.93%4.90%
Monthly Flat Rate+0.085%0.081%0.077%0.074%0.070%
Monthly Repayment Amount (HK$)$8,418$4,247$2,855$2,157$1,737
$200,000 - $499,999Annualised Percentage RateΔ6.07%6.24%6.33%5.95%5.72%
Monthly Flat Rate+0.140%0.135%0.134%0.134%0.134%
Monthly Repayment Amount (HK$)$16,947$8,604$5,824$4,435$3,602
$500,000 - $999,999Annualised Percentage RateΔ3.75%3.90%3.98%3.92%3.89%
Monthly Flat Rate+0.040%0.038%0.038%0.038%0.038%
Monthly Repayment Amount (HK$)$41,867$21,026$14,080$10,606$8,522
$1,000,000 or aboveAnnualised Percentage RateΔ3.06%3.48%3.86%3.81%3.86%
Monthly Flat Rate+0.010%0.021%0.033%0.033%0.036%
Monthly Repayment Amount (HK$)$83,434$41,877$28,108$21,164$17,027

Special promotion for Existing Priority Banking / Payroll Services clients
Loan Amount^ (HK$)Loan Tenor
 12 months24 months36 months48 months60 months
$1,000,000 or aboveAnnualised Percentage RateΔ2.60%3.01%3.37%3.67%3.68%
Monthly Flat Rate+0.032%0.001%0.013%0.026%0.027%
Monthly Repayment Amount (HK$)$83,654$41,677$27,908$21,094$16,937
The above tables are only applicable for successful online applications and drawdowns of the Standard Chartered Personal Instalment Loan, and the monthly instalment amounts are calculated based on the loan amount of HK$100,000, HK$200,000, HK$500,000 and HK$1,000,000 respectively. The monthly instalment amounts quoted above are rounded to the nearest dollar and are for reference only. Please refer to Section D of the Terms and Conditions of Interest Rebate Offer and Section E of the Terms and Conditions for Online Exclusive Offer for other loan amounts and tenors.

Eligibility

  • Hong Kong resident aged 20 or above
  • Fixed Annual income of HK$60,000 or above

Tools

  • Personal Instalments Loan Calculator
  • Easy steps to submit documents online for loan application
Remarks :
1. The Monthly Flat Rate is 0.032% (for existing Priority Banking / Payroll Services clients with loan amount of HK$1,000,000 and tenor of 12 months). The calculation of the APR has taken into account the Interest Rebate Offer (if applicable). The Interest Rebate Offer will be fulfilled by way of cash rebate to be credited to the repayment account of the respective eligible client at the second month after the Loan drawdown. APRs are reference rates which include the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate. All offers are subject to Terms and Conditions.
2. The Interest Rebate Offer is applicable to clients who have successfully applied for and drawn down a Standard Chartered Personal Instalment Loan in the amount of HK$200,000 or above, with a tenor of at least 48 months and subject to a handling fee of 1.5% (per annum) ("Instalment Loan"). All offers are subject to Terms and Conditions.
^ The Bank reserves the right to determine the applicable interest rate and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client's credit records and other relevant factors.
Δ The above Annualised Percentage Rates ("APR") are reference rates which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable). The calculation of APR has taken into account of a handling fee of 1.5% (per annum). For existing Priority Banking and Payroll Services clients, if the approved loan amount is HK$1,000,000 or above and the approved tenor is for 12 months, the handling fee of 1% (per annum) will be charged.
+ The Monthly Flat Rate shown above was rounded to 3 decimal places for reference only.

Terms and Conditions

Offers are subject to Terms and Conditions. Please click here for details.
Personal Loan Terms and Conditions
  1. 5-min preliminary approval remarks
    Clients must apply the Standard Chartered Personal Instalment Loan application via phone or at any of our branches of Standard Chartered Bank (HK) Limited (the "Bank") with all the required information in person during our service hours (Monday-Friday: 9am-5pm, except Saturday and public holidays). Processing will start only after all the required information has been successfully input into our system, and shall be subject to the actual circumstances of each individual case.

  2. 1-hour loan disbursement remarks
    Clients must submit the Standard Chartered Personal Instalment Loan application with all the required information during our service hours (Monday-Friday: 9am-5pm, except Saturday and public holidays).  Processing will start only after all the required information has been successfully input into our system, and shall be subject to the actual circumstances of each individual case. 1-hour loan disbursement service will be provided upon clients’ requests.  Clients have to provide all required documents and have valid and existing accounts with the Bank to be assigned for fund disbursement.  Processing will be started only after the loan is approved, and shall be subject to the actual circumstances of each individual case.

  3. Terms & Conditions for 7-day Service Pledge
    1. 7-day Service Pledge may be applied by clients who have successfully applied for and drawdown a Standard Chartered Personal Instalment Loan ("Loan") but wish to early redeem the Loan in full within 7 calendar days of the drawdown date.
    2. Any application for the 7-day Service Pledge has to be made by the relevant client in person at any of our branches within 7 calendar days of the Loan drawdown date.  The relevant client must also bring along the Bank’s approval notice in respect of the Loan and settle the Loan in full to the Bank’s satisfaction.  Subject to the Bank’s approval of such application, the Bank will waive the handling fee, the early redemption penalty (2.5% of the total redeemed amount) and the first month’s interest payable by the relevant client under the Loan. Clients who have enjoyed this 7-day Service Pledge is not entitled to the Interest Rebate Offer.
    3. The 7-day Service Pledge can only be enjoyed by each client once during the promotion period.

  4. Terms & Conditions of Interest Rebate Offer
    1. The Interest Rebate Offer is applicable to clients who have successfully applied for and drawn down a Standard Chartered Personal Instalment Loan in the amount of HK$200,000 or above, with a tenor of at least 48 months and subject to a handling fee of 1.5% (per annum) ("Instalment Loan").
    2. The number of months eligible for Interest Rebate Offer shall depend on the tenor of the Instalment Loan of the respective eligible clients, as set out in the table below:
      3. Loan TenorNumber of months eligible for Interest Rebate Offer
      48 months6
      60 months12
    3. Rebate amount of Interest Rebate Offer entitled by each eligible client will be calculated with reference to the interest rate pertaining to the Instalment Loan as follows:
      Approved loan amount x Interest Rate (Monthly Flat Rate) x Number of months eligible for Interest Rebate Offer
    4. The Interest Rebate Offer will be fulfilled by way of cash rebate to be credited to the repayment account of the respective eligible client at the second month after the Instalment Loan drawdown. 
      For example, if the client drawdowns the Instalment Loan on 3 February 2016, the cash rebate will be credited to the repayment account on or before 30 April 2016.
    5. Notwithstanding the above, the Interest Rebate Offer will not be credited or otherwise awarded to eligible clients if the loan accounts of eligible clients have become delinquent or if clients have any payment due and payable to the Bank or unsatisfactory credit history.
    6. If the eligible clients have early redeemed the Instalment Loan after the Interest Rebate Offer has been credited to the clients, the Bank reserves the right to debit an amount equivalent to such Interest Rebate Offer together with any cost incurred by the Bank as a result of such early redemption or debiting from the account of the relevant client at the early redemption date of the Instalment Loan without any prior notice to the relevant client.

    5. Monthly Repayment Table^
    Loan Amount
    (HK$)    		 
    Loan Tenor
    12 Months24 Months36 Months48 Months60 Months
    $5,000 - $19,999Interest Rate (Monthly Flat Rate)+0.380%0.370%0.370%0.373%0.376%
    Monthly Repayment Amount (HK$)#$87.14$45.37$31.49$24.56$20.43
    Annualised Percentage Rate*(11.76%)(11.97%)(12.10%)(12.21%)(12.32%)
    $20,000 - $49,999Interest Rate (Monthly Flat Rate)+0.240%0.233%0.232%0.232%0.233%
    Monthly Repayment Amount (HK$)#$85.74$44.00$30.10$23.16$19.00
    Annualised Percentage Rate*(8.42%)(8.60%)(8.71%)(8.80%)(8.89%)
    $50,000 - $199,999Interest Rate (Monthly Flat Rate)+0.190%0.184%0.183%0.183%0.183%
    Monthly Repayment Amount (HK$)#$85.24$43.51$29.61$22.67$18.50
    Annualised Percentage Rate*(7.24%)(7.41%)(7.52%)(7.60%)(7.67%)
      Interest Rebate6 Months12 Months
    $200,000 - $499,999Interest Rate (Monthly Flat Rate)+0.140%0.135%0.134%0.134%0.134%
    Monthly Repayment Amount (HK$)#$84.74$43.02$29.12$22.18$18.01
    Annualised Percentage Rate*(6.07%)(6.24%)(6.33%)(5.95%)(5.72%)
    $500,000 - $999,999Interest Rate (Monthly Flat Rate)+0.040%0.038%0.038%0.038%0.038%
    Monthly Repayment Amount (HK$)#$83.74$42.06$28.16$21.22$17.05
    Annualised Percentage Rate*(3.75%)(3.90%)(3.98%)(3.92%)(3.89%)
    $1,000,000 or aboveInterest Rate (Monthly Flat Rate)+0.010%0.021%0.033%0.033%0.036%
    Monthly Repayment Amount (HK$)#$83.44$41.88$28.11$21.17$17.03
    Annualised Percentage Rate*(3.06%)(3.48%)(3.86%)(3.81%)(3.86%)
    Existing Priority Banking / Payroll Services clients
    $1,000,000 or aboveInterest Rate (Monthly Flat Rate)+0.032%0.001%0.013%0.026%0.027%
    Monthly Repayment Amount (HK$)#$83.66$41.68$27.91$21.10$16.94
    Annualised Percentage Rate*(2.60%)(3.01%)(3.37%)(3.67%)(3.68%)
    The above table is for illustration purposes only. 

    ^
    We reserve the right to determine the applicable interest rate and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client's credit records and other relevant factors.
    +
    The Monthly Flat Rate shown above was rounded to 3 decimal places for reference only.
    #
    For every HK$1,000 loan amount.
    *
    The calculation of the Annualised Percentage Rates (“APR”) in parentheses above has taken into account of a handling fee of 1.5% (per annum) and the Interest Rebate Offer (if applicable). For existing Priority Banking and Payroll Services clients, if the approved loan amount is HK$1,000,000 or above and the approved tenor is for 12 months, the handling fee of 1% (per annum) will be charged. The Interest Rebate Offer will be fulfilled by way of cash rebate to be credited to repayment account of the respective eligible client at the second month after the Loan drawdown. An APR is a reference rate which includes the basic interest rate and other applicable fees and charges of a product expresses as an annualised rate.

    E. Terms and Conditions for Online Exclusive Offer:
  1. The promotion period for the Online Exclusive Offer is from 16 March 2016 to 30 June 2016 (the “Promotion Period”).
  2. Clients who successfully apply for and drawdown the Standard Chartered Personal Instalment Loan (“Loan”) online during the Promotion Period can enjoy up to 4,000 Asia Miles™ or designated cash coupon of up to HK$400 ("Coupon") and a Preferential Interest Rate . Clients can get extra 1,000 Asia Miles™ or HK$100 Coupon if they submit all required documents within 7 calendar days upon application. The eligibility for the Asia Miles/ Coupon and Preferential Interest Rate shall depend on the Loan amount drawn down and loan tenor, the details are set out in the table below: 
    Loan Amount (HK$)Asia Miles / Coupon (HK$) for submission of all required documents within 7 calendar daysAsia Miles / Coupon (HK$) for successfully drawdown the Loan on or before 30 June 2016Total Asia Miles / Coupon 
     (HK$)
    Applicable to Loan Tenor 12 and 24 months
    $200,000 or above1,000 or $1001,000 or $1002,000 or $200
    Applicable to Loan Tenor 36, 48 and 60 months
    $50,000 - $99,9991,000 or $1001,000 or $1002,000 or $200
    $100,000 - $199,9991,000 or $1002,000 or $2003,000 or $300
    $200,000 or above1,000 or $1004,000 or $4005,000 or $500
  3. To be eligible for the Asia Miles/ Coupon, eligible client’s Loan account must be valid with no past due or unsatisfactory credit history as determined by the Bank in its sole discretion in order to enjoy the Asia Miles/ Coupon.
  4. For any Asia Miles reward, eligible clients must have an Asia Miles membership account. Otherwise, an Asia Miles membership account must be set up for the entitlement of the miles. Eligible clients must have successfully registered online within 1 month from the Loan drawdown date with valid Asia Miles membership information in the name of the eligible clients via the online registration form on sc.com/hk/AM to enjoy the relevant Asia Miles. Successful registration cannot be cancelled.
  5. The Bank will forward the relevant information, including valid Asia Miles membership number and English full name of the eligible client, as well as the entitled amount of miles, if any, to Asia Miles Limited only for fulfilment purpose. Relevant Asia Miles will be credited directly to the eligible client’s Asia Miles membership account on the third month after the Loan drawdown. In case the information submitted is incorrect or insufficient as considered by the Bank or Asia Miles Limited or if any of the criteria relating to this Offer has not been met, the Bank reserves the right to cancel or forfeit absolutely the entitlement under this Offer in its entirely. For the avoidance of doubt, Terms and Conditions of Asia Miles shall apply for mileage redemptions. For details, please visit www.asiamiles.com.
  6. Terms and Conditions of Asia Miles™ apply for redemption and/or use of Asia Miles. For details, please visit www.asiamiles.com. The Bank is not obliged to notify you of any changes or latest announcements of Asia Miles Limited. Clients understand and accept that the Bank is not supplier of the redeemed items (including Asia Miles). The Bank shall bear no liability relating to any aspect of the Asia Miles and/or redeemed items, including without limitation, their quality, the supply, the descriptions provided by the supplier, any false trade description, misrepresentation, mis-statement, omission, unauthorized representation, unfair trade practices or conduct in connection with the Asia Miles and/or redeemed items provided by the supplier, its employees, officers or agents.
  7. For those eligible clients who do not successfully register for the Asia Miles reward will be entitled to a coupon reward. The redemption letter of the Coupon will be sent out by mail to the respective eligible client’s correspondence address as provided in the online application form on the third month after the Loan drawdown.
  8. The Bank also reserves the right to terminate the offer and to vary or modify any of the terms and conditions herein from time to time. In case of any disputes, the Bank’s decision shall be final and binding.
  9. If there is any inconsistency or conflict between the English and the Chinese versions, the English version shall prevail.
    Online Exclusive - Preferential Interest Rate Table
    Loan Amount^ (HK$)Loan Tenor
     12 Months24 Months36 Months48 Months60 Months
    $50,000 - $99,999Annualised Percentage Rate▲5.52%5.68%5.68%5.67%5.63%
    Monthly Flat Rate0.1162%0.1121%0.1075%0.1038%0.0999%
    Monthly Instalment Amount(HK$)4,2252,1391,4431,094883
    $100,000 - $199,999Annualised Percentage Rate▲4.78%4.92%4.93%4.93%4.90%
    Monthly Flat Rate0.0845%0.0808%0.0768%0.0740%0.0700%
    Monthly Instalment Amount(HK$)8,4184,2472,8552,1571,737
    The above table is only applicable for successfully applying via online and drawdown Standard Chartered Personal Instalment Loan and the monthly instalment amount are calculated based on loan amount of HK$50,000 and HK$100,000 respectively. The monthly instalment amount quoted above are rounded to the nearest dollar and are reference only.
    ^
    The Bank reserves the right to determine the applicable interest rate and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client's credit records and other relevant factors.
    ▲
    The above Annualised Percentage Rates ("APR") are reference rate which include the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate.
    F. Terms & Conditions for Online Application Service Pledge
  1. The Online Application Service Pledge ("Service Pledge") is only applicable to clients who apply for any Standard Chartered Personal Loans (including Personal Instalment Loan and Debt Consolidation Program) by successfully completing all the required data and submitting the online application forms via the Bank website www.sc.com/hk and providing a valid mobile phone number.
  2. Under the Service Pledge, for any online applications received before 12:00 noon of any business days, a designated staff of the Bank will follow up the applications with clients by calling the contact phone number provided by the clients on the application within the same day before 5:00 p.m. If the online applications are received after 12:00 noon or during non business days, the designated staff of the Bank will follow up the applications with clients on the next business day before 2:00 p.m. If clients cannot be contacted by phone number(s) provided in the application within the above mentioned time, a notification SMS will be sent to clients’ mobile number as provided in the online application forms within the same day. The language of notification SMS will be subject to the language of clients’ by completing online application forms.
    3. The Bank received online applicationsBank Staff made follow-up calls
    Before 12:00 noon on any business daysSame business day before 5:00 p.m.
    After 12:00 noon on any business days or during non business daysNext business day before 2:00 p.m.
  3. In any circumstances where the Bank fails to contact client by phone and fails to send out SMS to clients according to requirement stated in point 2 above, a HK$100 Supermarket Cash Coupon ("Coupon") will be offered to the client. The Coupon will be sent by mail to clients' correspondence address as provided in the online application form, on or before 31 August 2016. To be eligible for this Coupon, the loan applications should not be cancelled by the clients before the Bank's final decision.
  4. Whether the SMS successfully reach the relevant clients will be subject to the record of SMS network provider of the Bank.
  5. The Service Pledge is not available to those online applications with invalid / no correspondence address provided.
Notice of Changes on Terms and Conditions »
    General Terms and Conditions for Online Offers
  1. Online Offers consist of offers in sections A - F above.
  2. Unless otherwise specified, the Online Exclusive Offers cannot be used in conjunction with any other promotional offers.
  3. The Coupon (as defined under Section E and F) is not transferable, returnable or redeemable for cash. The use of the Coupon is subject to the terms and conditions as stipulated by the supplier (if applicable).
  4. Clients understand and accept that the Bank is not the supplier of the products/services purchased from the merchant (including the Coupon). The Bank shall bear no liability relating to any aspect of the products/services/coupon, including without limitation, their quality, the supply, the descriptions of goods and/or services provided by the merchant, any false trade description, misrepresentation, mis-statement, omission, unauthorised representation, unfair trade practices or conduct in connection the products / services / coupon provided by the merchant, its employees, officers or agents.
  5. The Bank reserves the right to amend or terminate the above offers and any of the above terms and conditions from time to time. For any and all matters or disputes regarding the above, the Bank's decision shall be final and binding.
  6. In case of discrepancy between the English and Chinese versions of these terms and conditions, the English version shall prevail.
    Standard Chartered Personal Instalment Loan
    Terms and Conditions for Standard Chartered Personal Instalment Loan

    You need to read this document
    It sets out specific terms and conditions on which we agree to provide you with the products and services you applied here. You must read it in conjunction with our Client Terms, and the applicable documents referred to in Part A of Client Terms (including the Personal Loans/Personal Line of Credit/Overdraft Terms and the product brochure, Important Notes and promotional terms (if applicable)) and any other documents forming our banking agreement. The banking agreement is available to you at any of our branches or our website at www.sc.com/hk. If there is any inconsistency between the approval and any other part of our banking agreement, then the terms in the approval prevails. These terms do not apply to any existing product(s) or service(s) you have with us to the extent that they are subject to separate terms and conditions.

    Meaning of words
    Other than the defined terms here or under the product brochure or promotional terms (if applicable), you also need to refer to the other documents that form our banking agreement which define key words used below. For instance, please note:-

    you means the person named as the "applicant" in the application.

    we (without limiting the meaning defined in Client Terms) or Bank means Standard Chartered Bank (Hong Kong) Limited for this application.
    Important Notes
  1. To be eligible for this personal instalment loan, your annual income has to be HK$60,000 or above.
  2. We reserve the right to determine the loan amount, limit, monthly repayment amount, interest rate or any other offer in respect of the loan applied, or to decline your application in its entirety without giving you any reason for doing so. If your application is declined, no contractual relationship arises between us and you in respect of any product or service requested in your application.
  3. In case if your application is approved, the pricing (such as interest rate and handling fee) will be offered to you based on the credit record you submit to us upon your application. We reserve the right to modify such pricing offered to you by giving you 30 days advance notice based on our credit assessment from time to time including, but not only limited to, your repayment record, credit bureau grading and our prevailing credit policy.
  4. We may have obtained a credit report on the client and any of its sureties from a credit reference agency in considering any application for credit. In the event the client or any of its sureties wishes to access the credit report, we will advise the contact details of the relevant credit reference agency.
  5. We may set off any amount we owe you against any amount you owe us (whether or not the obligation is matured or contingent).
  6. Without limiting the above, our “Notice to Customers and Other Individuals relating to the Personal Data (Privacy) Ordinance and the Code of Practice on Consumer Credit Data” (“Notice”, which is available to you at any of our branches and/or on our website at www.sc.com/hk) also forms part of the banking agreement. We will be using the information you provide to us and for such purposes as set out in the Notice.
  7. We reserve the right to amend the contents and all the important notes or terms and conditions here at any time. In case of disputes, our decision shall be final.
  8. If there is any inconstancy of conflict between the English and the Chinese versions, the English version shall prevail.
    Extract of Personal Loan / Personal Line of Credit/Overdraft Terms

    Part A - Personal Instalment Loans
  1. Choosing the account that is right for you
    We can structure your personal instalment loan to suit your personal banking needs. If you need us to explain any of the features of, or the terms applying to, any personal instalment loan products, please contact us.

  2. The instalment loan
    3. We must provide the loan
    2.1 If we issue an approval, we agree to provide an instalment loan up to the limit. The limit may be different to the limit you applied for.

    Purpose
    2.2 You must use the instalment loan only for the purpose set out in the application or as otherwise approved by us.

    Top up loan
    2.3 If you ask, we may agree to provide a top up loan on terms we notify.
    2.4 You may only make one request for a top up loan on any one business day.

    How we provide the instalment loan
    2.5 Usually we provide the instalment loan by depositing it into the repayment account.
    If we provide the instalment loan by cheque, the cheque is only valid for the period we specify and instalments are payable even if the cheque is not cashed.
    2.6 Fees and charges that are applicable on the instalment loan may be deducted from the instalment loan before depositing it into therepayment account. Please contact us for details of any applicable fees.

  3. Interest, fees and charges
    4. Interest
    3.1 You must pay interest on the instalment loan monthly in arrears at the rate set out in the approval or otherwise in our banking agreement or any other rate we determine from time to time.
    3.2 Interest is payable on the dates set out in the approval, statements or elsewhere in our banking agreement.
    3.3 Interest is calculated on a monthly basis.

    Fees and charges
    3.4 The fees and charges for the instalment loan are set out in the tariff sheet or elsewhere in our banking agreement. Please contact us for further details.
    3.5 We may charge a late payment fee for any overdue payment as set out in the tariff sheet or elsewhere in our banking agreement. Please contact us for further details.

  4. Repayment
    5. Repayment by instalments
    4.1 You must repay the instalment loan in instalments. We notify you the amount of the instalment and each instalment payment date.
    4.2 Any balance owing for the account for the instalment loan (after payment of all instalments) must be repaid on the final payment date we notify you.
    4.3 The instalments are payable even if you do not withdraw any of the instalment loan funds we deposit in the repayment account.
    4.4 If the amount is due on a day which is not a business day, you must pay it on or before the next business day.
    4.5 If we vary the interest rate on the instalment loan, we may vary the instalment amount and the number of instalments.

    Methods of repayment
    4.6 We advise you of the manner in which you must repay the instalments. For example, we may ask you to designate an account for repayment by direct debit and give us documents to facilitate direct debit from that account.
    4.7 You must comply with our usual requirements for the relevant payment method, including any set out in this clause.
    4.8 We start deducting instalments from your repayment account one month after drawdown of the instalment loan.
    4.9 You must ensure that any payment instrument or payment instruction is honoured. For example, you must:
    1. ensure that you have sufficient funds in the account to be debited (including the repayment account);
    2. not stop cheques;
    3. not cancel or vary any payment arrangement (unless we ask you to do so to reflect a change in the instalments) or close or change the account on which cheques are drawn.
    Automatic payment from repayment account with another institution
    4.10 If we require you to repay by automatic payment and the repayment account is with another financial institution you must:
    1. organise a payment arrangement with the other financial institution under which an amount equal to each instalment amount is debited from the repayment account and paid to us on each instalment payment date and give us satisfactory evidence that this is in place; or
    2. provide us with any authority we require to enable us to debit the instalment amount, from the repayment account.
    Payment in full if we ask
    4.11 Despite any other term of our banking agreement, at any time we may demand immediate payment of the instalment loan in full, together with all accrued but unpaid interest, fees and charges in connection with the instalment loan.

    What happens if you do not pay
    4.12 If you do not make an instalment on or before the relevant due date:
    1. the instalment loan plus all accrued but unpaid interest plus any other sum due to us is immediately due and payable; and
    2. we will charge you a late payment fee as set out in the tariff sheet or elsewhere in our banking agreement.
    How we apply payments
    4.13 We may use amounts we receive from any of your instalments to pay interest rather than to reduce the principal amount you owe us or to pay amounts you owe us in any order we choose. For example, we may allocate a higher proportion of any one or more of your instalments to interest rather than to the principal amount you owe us.

  5. Prepayment
    You may prepay all (but not part) of the instalment loan if:
    1. you give us reasonable notice in writing; and
    2. when you prepay, you also pay all accrued but unpaid interest, fees and charges in connection with the instalment loan (including any early settlement fees as set out in the tariff sheet or elsewhere in our banking agreement). Details of these fees and charges are available by contacting us.
    We may also require you to pay us an amount equal to one month's interest on the instalment loan.

  6. Cancellation
    Our Client Terms set out when you and we may end your use of any product and what you need to do if that happens. This includes immediate payment of the balance owing for the account for the instalment loan. This clause sets out additional circumstances in which you or we may cancel the instalment loan.
    You may only cancel the instalment loan before the drawdown of an instalment loan and within the period we specify. However, we may charge you a cancellation fee (details of which are available by contacting us).

  7. Telephone enquiry
    When we receive an enquiry by telephone, we may verify an enquirer's identity by asking them to provide your Hong Kong Identity Card number (or passport number if you do not have a Hong Kong Identity Card), the loan amount applied for and any other information we see fit. If we genuinely believe the enquirer to be you, you authorise us to disclose the following data to the enquirer:
    1. loan approval status (approved, pending or rejected); and
    2. if the loan is approved, the exact amount approved, the interest rate, the number of instalments, the final payment date and the drawdown date.

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