New "Instant Cash Plan" powered by WeLend "Instant Cash Plan" powered by WeLend is an online loan platform that uses A.I. to provide customers with a smart, hassle free experience to take care of your financial needs. Apply Now
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FAQ
Plan Features
Which company is providing Instant Cash Plan powered by WeLend (the "Plan")?
The Plan is offered by 3 and WeLend Limited. The cash loan services under the Plan is provided by WeLend Limited.
What are the characteristics of the Plan?
No income proof and address proof are required for the loan application. The application and approval process will be conducted online, loan will be disbursed instantly via Faster Payment System (FPS) upon confirmation of loan agreement and completion of customer verification and loan approval process.
What is the maximum amount and tenor?
WeLend Limited provides loan amounts between HK$10,000 and HK$50,000. You can set your own repayment schedule from 6 months to 30 months (The final approval result is subject to customer's credit record).
Application Process
What documents do I need to provide for my application?
Normally, WeLend Limited only requires a selfie, your account number and photos of your HKID and ATM card for verification of your account number.
Who is eligible for the Plan?
The Plan is eligible for Hong Kong permanent residents who are employed, over 18 years of age with no unsatisfactory credit or repayment record.
If I don't have an ATM card, are there any alternative documents that I can provide (e.g. bank statements)?
You may provide bank passports or bank statements, as long as your full name and bank account details are displayed clearly. Please note that joint accounts are not accepted
If I am not using 3HK moblity service, can I apply for this product?
Yes, this is also applicable for non 3HK monthly plan customer.
How can I submit my application documents?
You may submit your documents via email: doc@welend.hk, WHATSAPP: 5633-5939
Approval and Disbursement
When wil I know if I am successful in my application?
If all documents submitted are complete and accurate, you will receive your approval result as soon as you complete the online application.
When can I get the loan?
If customer verification is completed and your loan agreement is confirmed online, the loan will be disbursed instantly via Faster Payment System (FPS) under normal circumstances. The actual transfer time is subject to each individual bank's transfer service hours.
Repayment
How do I make my repayments?
WeLend Limited will set up monthly Direct Debit from your designated bank account.
What happens if my repayment is overdue?
There will not charge any late repayment interest penalties, however, HK$350 administrative fee will be charged for each late repayment. WeLend Limited will notify you of any late repayments through email. Please be reminded that late repayments will affect your credit history.
How does the repayment process work?
The repayment date is set between 2-5 working days after your payroll date. Please ensure there is a sufficient balance in your Direct Debit account. |
*The maximum loan amount of HK$50,000 is only applicable to the customers who fulfil specific credit requirements. All required application information must be complete and accurate. Final approval is subject to the final submission of all relevant documents and the credit record of the customer.
^Sign the loan agreement online, and once final verification and approval is complete, WeLend Limited will transfer the loan money instantly via Faster Payment System (FPS). Actual transfer time is subject to each individual bank's transfer service hours. Terms and Conditions of the Plan
Instant Cash Plan powered by WeLend Limited is provided by WeLend Limited, Hong Kong's leading fintech company (Money Lender's License Number: 0958 / 2023). |
Warning: You have to repay your loans. Don't pay any intermediaries.
Customer Service / Complaint Hotline: 3590 6396(Monday to Friday: 9am - 8pm) 3Service Hotline: 1033 WeLend Limited Money Lender's License No: 0958 / 2023 |