Loan Companies

Loan Companies      Features of Loan Companies      
Types of Loan Companies      Beware of Loan Brokers      

01.

Loan Companies

In a broad sense, a loan company is a company that provides loans to individuals and businesses, including banks, finance companies and other loan companies. In a narrow sense, a loan company is a loan company other than a bank. The loan company mentioned here is a loan company in a narrow sense. The most common loan company in Hong Kong is a finance company.

02.

Features of Loan Companies

Loan companies are more flexible in operation, with quick approval, fewer documents required, and a wide variety of loan types. Compared with loan companies, bank loans are more difficult to approve, take longer, and require more documents. Therefore, many people apply for loans from loan companies.

03.

Types of Loan Companies

According to Hong Kong law, financial companies engaged in lending must be licensed

04.

Beware of Loan Brokers

More and more scammers are claiming to be loan intermediaries, inducing borrowers to borrow money from loan companies through them, and charging high fees under various names.

Money Lender’s Licence No.: 1885/2024
Complaint Hotline:+852 3465 9886
Complaint Email:comment@accgirlfinance.com
Warning: You have to repay your loans. Don’t pay any intermediaries