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Remarks
In accordance with the Money Lenders Ordinance, the maximum annual interest rate does not exceed 48%.
The repayment period can be selected from a minimum of 3 months to a maximum of 180 months.
A brief description of the loan related fees is as follows for reference:
Loan amount: HK$10,000
12-month installment loan, monthly repayment amount is HK$875
Annual interest rate: 9%
Total repayment amount: HK$10,500
Total Interest of the loan: $500