MoneyBuddy, a Hong Kong Loan Matching Platform, Upgrades AI Loan Matching to Compare 30+ Hong Kong Lenders
MoneyBuddy, a free and independent loan matching platform based in Hong Kong, has upgraded the AI matching system it uses to compare loan offers for borrowers. From a single two-minute enquiry and one soft credit check, the platform ranks offers from more than 30 banks and licensed finance companies against an applicant’s profile and returns the lowest annual percentage rate they qualify for.
Borrowers in Hong Kong usually apply to lenders one at a time, and each application can add a hard credit check that lowers their score. MoneyBuddy replaces that process with a single enquiry and a soft check that leaves the score untouched. The system then compares the applicant against a network of more than 15 tier-one banks, at least six virtual banks, more than 10 licensed money lenders and eight specialty SME lenders.
The platform covers personal, SME, mortgage, renovation, tax and medical loans, with amounts from HK$5,000 to HK$30,000,000. Lender quotes pass through without markup, and the consultants who review results are paid fixed salaries rather than commission, so a recommendation is not tied to which lender pays more.
“The upgraded system compares an applicant against more than 30 lenders from one enquiry and one soft credit check, and returns the lowest rate they qualify for, which for personal loans starts at 1.8% APR,” said Jacky Tong, Founder and CEO of MoneyBuddy. “Borrowers no longer apply to banks one at a time or take a credit-score hit for every rejection.”
MoneyBuddy has matched more than 2,500 borrowers across its loan categories. In one case, a borrower carrying six credit cards consolidated the balances into a single HK$500,000 loan on a 72-month term at 8.00% APR. A business owner with a Grade-F credit score secured a HK$2,000,000 SME loan in five weeks after several bank rejections, following credit-repair coaching. A third borrower drew HK$3,000,000 from a second mortgage, with initial approval in three working days and funds released within one week at 6.00% APR.
“Our team has spent more than 10 years on Hong Kong lending, and the upgrade applies that experience to route applicants that banks often reject toward lenders that accept their profiles,” said Jacky Tong, Founder and CEO
MoneyBuddy charges borrowers no fees at any stage. The service is available to individual borrowers, SME owners and property owners in Hong Kong through the company’s website and a WhatsApp advisor line that replies in about two minutes during business hours. Borrower data is handled under 256-bit SSL encryption and in line with Hong Kong’s Personal Data (Privacy) Ordinance.
About MoneyBuddy
MoneyBuddy is a free, independent loan matching platform based in Hong Kong. It compares personal, SME, mortgage, renovation, tax and medical loan offers from more than 30 banks and licensed finance companies, and charges borrowers no fees at any stage. MoneyBuddy is headquartered at Unit 904, Supreme House, Tsim Sha Tsui, Kowloon, Hong Kong.
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Company Name: MoneyBuddy
Contact Person: Scarlett Chan
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Country: HongKong
Website: https://moneybuddy.hk/
