Credit Mastermind Instalment Loan

 
The Credit Mastermind Instalment Loan1 consolidates all of your credit cards and personal loans into a single loan to shorten your repayment period, therefore saving you more interest payments.
 
. Loan amount is up to HK$800,000 or 18 times of monthly income (whichever is lower)
. Loan tenor up to 6 years
. Privileged personalised interest rates
. Our Credit Consultant will tailor-make a repayment plan to enable you to consolidate all your loan outstandings and make repayments simpler
   
 
   
 
Remarks: 1. Minimum monthly income of applicants must be at least HK$10,000. 2. The example is for reference purposes only. For cash card and credit card, the total interest expense is calculated based on a minimum payment of 5% and the relevant monthly repayment amount is the average monthly repayment amount for the first 12 months. The tenor is 239 months assuming a credit card loan amount of HK$200,000 and an annual rate of 30%. The Annualized Percentage Rate, the monthly repayment amount, the tenor and the total interest expense of the cash card and credit card are calculated according to the Guidelines of Code of Banking Practice. 3. The Annualized Percentage Rate is calculated according to the Guidelines of Code of Banking Practice and a credit life premium of 1% p.a. is included. The above interest rate, credit life premium, monthly repayment amounts, tenor and interest savings may vary for each individual customer and upon the final approval of MEVAS Bank.