Empowering you to achieve your dreams
Student Loan
Fast Approval
Fixed Installments
Choose the “Fixed Installment” repayment plan where each month’s fixed payment includes both the loan principal and interest. Even if you repay the loan early, there are no penalty fees or charges.
- The repayment amount includes the loan principal + interest.
- Early repayment within the customized loan term (within 60 installments) incurs no penalty interest or fees.
Flexible Repayment
Choose the “Flexible Repayment” plan where customers can decide their monthly repayment amount based on their financial situation. Customers can choose to repay only the monthly interest or any amount greater than the interest. Customers only need to complete the repayment within the customized repayment period, and there are no penalty fees or charges even if the loan is repaid early.
- Empower yourself to decide the monthly repayment amount based on your financial situation (choose to repay only the interest or any amount exceeding the interest)
- Financial freedom in your hands! When your monthly finances are more flexible, choose to repay more. After deducting the payable interest from the repayment amount, the remaining payment will be used to reduce the principal, resulting in lower interest for the next installment. By completing your loan early, you not only finish ahead of time but also save on interest.
- Customize your loan term (within 60 installments) and enjoy penalty-free early repayment. No penalty interest or fees for paying off your loan ahead of schedule.
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Freedom and Flexibility in Your Hands!
Flexibility and Independence
With Credit KO’s online personal loans, customers have the freedom to decide their monthly repayment plan based on their individual financial situation. They can choose the “Fixed Installment” plan, where they only repay the minimum monthly payment (i.e., interest only), or the “Flexible Repayment” plan, where they can repay any amount exceeding the interest.
Flexible Savings
Customers can decide their monthly repayment plan based on their financial situation, choosing to repay only the minimum monthly payment (i.e., interest only) with the “Fixed Installment” plan or any amount exceeding the interest with the “Flexible Repayment” plan. Our flexible repayment options allow customers to save on interest expenses and reduce the cost of their loan.
Flexible Repayment Term
Financial institutions typically calculate the total interest based on the loan amount and the “Monthly Flat Rate” when approving loans. After agreeing on the interest, repayment period, and amount with the bank, equal installments are made each month. Personal loans serve various purposes, such as home renovations, children’s education expenses, and debt consolidation. You can compare personal loans based on their purposes on our loan comparison page. Regardless of the reason for borrowing, timely repayment of each installment is crucial to avoid penalty interest. In Hong Kong, the repayment term for personal loans typically ranges from a minimum of 3 months to a maximum of 60 months.
Whenever you need it
We've got you covered!
Maximum
(Up to 21x of your monthly salary, based on the lower amount )
Annual rate
APR as low as 3.36%
Cash Express
Qucik cash within 24 hours
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CASE
Year 3 of University
Suki is currently in her third year of university and works part-time on top of her studies, earning an average monthly income of around HK$10,000. During the summer break, Suki joined a cultural exchange study tour organized by her school, which lasted for one month. To cover the daily expenses and course fees for the study tour, she ended up using multiple credit cards. Upon returning to Hong Kong, she received the credit card statements and realized that her expenses exceeded her income.
Suki reached out to Credit KO for assistance, and through WhatsApp inquiry, with detailed explanations from the loan officer at Credit KO, she decided to apply for a student loan. As Suki has a part-time income, Credit KO approved a loan of HK$40,000 for her. This allowed her to pay off all the credit card debts at once, relieving her from all the worries and financial troubles.
