In today's fast-paced world, unexpected financial needs can arise at any moment.
What are Quick Loans and how do they work in Hong Kong?
Quick Loans in Hong Kong are short-term personal loans designed to provide fast access to cash for various purposes. These loans typically range from HKD 5,000 to HKD 100,000, with repayment terms usually spanning from a few months to a couple of years. The application process is streamlined, often allowing borrowers to receive funds within 24 to 48 hours after approval. Unlike traditional bank loans, Quick Loans usually require minimal documentation and have more flexible eligibility criteria, making them accessible to a wider range of Hong Kong residents.