[Limited Offer] Free TransUnion Credit Report

Understanding Your Credit Profile

Register-Now-Button-EN

 

Do you know your credit score?

Register now at 2201 7900 or 2201 7933 and enjoy 3 months of free unlimited access to your TransUnion credit report. Understand the factors affecting your credit score! Don’t miss out on this limited-time offer, act now!

 

 

free unlimited

Enjoy 3 months of free unlimited access

not affect credit scores

Do not affect your credit scores

improve credit score

Consult our loan specialist how to improve your credit score

As part of the credit approval process, banks and financial institutions may inquire about the applicant’s credit history and repayment habits to determine the applicant’s financial credibility.

 

Credit Report

To learn more about the information on credit report, please visit the website of TransUnion Limited at https://www.transunion.hk/education/credit-report-is-important

 

Credit Score

The credit score assessed by TransUnion (TU) ranges from 1000 - 4000 in Hong Kong; while its credit rating ranges between A and J, with A being the highest grade. A customer with low credit score may lead to loan rejection or unfavourable terms. For example, the APR for an A-grade customer can be less than 5%, while those with a lower credit score may not be given a loan at all and, if they are, the interest rate and terms may be more stringent.

 

The following examples are for reference only. If a borrower needs to borrow HK$100,000 from a bank with a repayment period of two years, the situation faced by the borrower with credit rating A and credit rating I is as follows:

Loan amount : HK$100,000(24-month repayment period)

Credit Rating Monthly repayment amount
(Principal and interest)
Total Repayment  Total Interest APR
A HK$4,224 HK$101,376 HK$1,376 3.32%
H HK$4,777 HK$114,648 HK$14,648 16.70% 

 

 * The handling fee of 1% of the loan amount per annum will be charged for successful loan drawdown. This handling fee is collected upfront upon loan drawdown.

If a borrower borrow HK$100,000 from a financial company with a repayment period of two years, the situation faced by the borrower with credit rating A and credit rating I is as follows:

Loan amount : HK$100,000(24-month repayment period)

Credit Rating Monthly repayment amount
(Principal and interest)
Total Repayment  Total Interest APR
A HK$4,367 HK$104,808 HK$4,808 4.64%
H HK$5,447 HK$130,728 HK$30,728 30.82%

 

By regularly checking your credit report, you can ensure that the information stays accurate. One of the best ways to continue to improve your rating is to check your personal credit report regularly and identify your credit problems one by one.

 

 

Registration Hotline☎

Tsim Sha Tsui: (+852) 2201 7900

Kwai Fong: (+852) 2201 7933

 

 

Notes regarding the [Limited Offer] Free Credit Report:

  1. The access of TU Credit Report is free of charge for users who have successfully registered (“You" and the possessive form being “Your”) for the online report ordering through TransUnion IDVision (the “Service”) with TransUnion and successfully registered for the free redemption code of TU Credit Report with the Bank. The Service is solely provided by TransUnion and the Bank does not give any warranty over the use of the Service nor will it be responsible for any liability or responsibility in relation to the details, accuracy or completeness of any content or information provided on the TU Credit Report by TransUnion.
  2. The free redemption code shall entitle You a three (3) months subscription to TU Credit Report without charge on the TransUnion’s direct portal.
  3. The free redemption code is valid until 31 December 2024, promotion codes are subject to availability and on a first come first serve basis while stocks last.
  4. If You have any queries on the Service registration or credit data on the Credit Report as provided for by TransUnion, You have to contact TransUnion directly.
  5. The Bank and TransUnion shall not share any Personal Data nor Credit Report of user other than the numerical information of the redemption codes.

 

The above offer are bound by the applicable terms and conditions. Please contact the staff of the Bank for details.

 

For details or enquiries about the related terms and conditions, please contact us.

To borrow or not to borrow? Borrow only if you can repay!

3 ways to apply

Download on App Store
Download on Google Play

Visit our Loan Centre with your supporting documents