This KFS provides you with indicative information about interest, fees and charges of this product but please refer to our offer letter for the final terms of your instalment loan.
Interest Rates and Interest Charges
Annualised Percentage Rate (APR)
For a loan amount of HK$100,000:
5.24% - 19.86%
4.03% - 18.66%
4.17% - 18.92%
The APR is calculated based on the guidelines as set out in the Code of Banking Practice and a 365-day year (or a 366-day year for leap years). An APR is a reference rate which includes the basic interest rates and other fees and charges of a product expressed as an annualised rate.
Annualised Overdue / Default Interest Rate
Fees and charges
Late Payment Fee and Charge
Prepayment / Early Settlement / Redemption Fee
2% of the aggregate monthly principal repayment amount(s) of your Instant Loan outstanding will be charged to Mox Credit if you repay an entire Instant Loan early. We call this the early repayment fee. An early repayment fee may also be charged to Mox Credit if your Instant Loan is cancelled or suspended by Mox in accordance with Schedule 3 to the General Terms and Conditions.
Rejected Cheque / Rejected Autopay Charge
Minimum loan amount eligible for an Instant Loan application
HK$5,000 (and thereafter in multiples of the Hong Kong dollar amount as displayed in the Mox app when you
apply for an Instant Loan).
Repayment period for an Instant Loan
3 to 60 months.
Monthly instalment for an Instant Loan
Your “monthly instalment” for an Instant Loan is broken down into:
(a) the “monthly fee”, being the amount of interest you will be charged on the Instant Loan
and required to repay in each month (the rate of which is calculated by reference to the applicable APR);
(b) “monthly principal repayment amount”, being the difference between the “monthly
instalment” and the “monthly fee” for a month reflecting the principal amount of
the Instant Loan required to be repaid in that month.
We will charge each monthly instalment for an Instant Loan to Mox Credit which will be shown on your Mox
Credit statement. The following amounts will be included in the minimum amount due set out in your Mox Credit
(a) 100% of the monthly fee portion of the monthly instalment (in each Mox Credit statement until your
Instant Loan is repaid in full);
(b) 1% of the monthly principal repayment amount portion of the monthly instalment (in each Mox Credit
statement until your Instant Loan is repaid in full); and
(c) (if applicable) 100% of the early repayment fee (once only for each Instant Loan you repay early),
(see Note 1).
If you are unable to fully settle a monthly instalment of your Instant Loan, please consider
whether any other lending option is more suitable for you based on your own circumstances, or contact us for
Please note that we do not appoint any third parties to refer Instant Loan applications to us and will not
process any application that was referred by a third party under a beneficial arrangement. If you have any
questions about Instant Loans, please contact us.
Note 1: If you fail to pay your Mox Credit statement balance in full, or if you only pay the minimum amount due shown therein, on or before the payment due date of that Mox Credit statement, we will charge you interest as set out in the Mox Credit Key Facts Statement.
We can make changes to this Instant Loan Key Facts Statement for any reason but we’ll give you notice of any changes. The English version prevails if there is any inconsistency between the English and Chinese versions.