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No Document Loan

A.I. identity verification, no additional documents 5. Instant application and approval. Prompt disbursement 3! Master Everything by A.I. Predictions

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Product Overview

No Document Loan

Our Advantage

How to apply

Step 1:

Fill in application details

Simply fill in basic information about your loan and personal details to start the application process.

Step 2:

Get automated approval and fair quotation by A.I.

WeLend A.I. simplifies the approval process. You can get your quotation instantly4 and your approval result in a matter of seconds 1.

Step 3:

Verify identity

Complete identity verification to complete the application seamlessly.

Step 4:

Complete agreement and Disbursement

Done! You can now sign your loan agreement and your loan would be ready soon 3!

FAQ

All loan applicants must be a Hong Kong resident aged 18 years or above* and meet the following requirements:

  • Stable employment: Minimum employment at current job of 3 months
  • Repayment Ability: Minimum monthly income of HK$8,000

Submit the following documents during the application process:

  • HKID Copy
  • Disbursement account proof (for the purposes of account verification, you can provide monthly bank statement)

Additional documentation if necessary:

  • Commission Based Salary: Minimum recent 3 months of Income Proof
  • Real Estate Industry: Minimum recent 6 months of Income Proof
  • Residential address proof

*if you are Chinese citizen, please may consider using Wolaidai, tailor made for mainland customers. For more details, please visit https://m.wolaidai.com

WeLend provides loan amounts from HK$5,000 to HK$1,500,000. A flexible repayment schedule is also available, ranging from 3 to 84 months. The maximum loan amount is determined by your financial background; including credit score, monthly income, occupation and financial situation.

Application Process can be as simple as:

  1. Apply online
  2. Upload documents
  3. Instant approval^
  4. Verification and disbursement

^Only refers to the time needed to calculate quotations after receipt of the applicant's TU Report. Applicants must fulfil specific requirements to be eligible, actual time may vary depending on each individual case

To track your application status and records, simply login at https://member.welend.hk/en/users/sign_in or call our CS Hotline 3590 6396. 

WeLend is a purely online operated lending platform, offering seamless lending services with low operating costs. Meanwhile, many brick-and-mortar banks and financial institutions have additional costs from maintaining retail operations. 

Traditional banks and other financial institutions often promote "instant approval loan " or "online instant approval loan ". Most people choose a loan plan based on the approval process time if they have urgent funding needs.
However, these claims may not always be true. There are many limitations in a loan approval process, so it may not be as "instant" as advertised.
Limitation on application
One limitation is the requirement to apply in person and submit additional documents. Traditional banks often require personal visits to their branches to submit address and income proof, and also conduct identity checks. Operating hours are usually similar to normal working hours, which is inconvenient. If you apply during non-working hours, it is hard to reach out to relevant customer service representative to answer questions immediately.
Limitation on approval
Another challenge is the time needed to review and approve the documentation. Traditional banks typically require a significant amount of documentation, and the internal approval process could take several weeks.
Limitation on mobile loan APP 
Many traditional banks and other financial institutions have launched applications on mobile devices, claiming that applications can be processed instantly through the mobile app. However, some mobile apps are just used to collect personal information for the application instead of giving instant loan approval and instant disbursement.
Only WeLend A.I. provides you with instant approval and cash delivery
WeLend A.I. technology can truly provide you with a fast and efficient loan approval experience. 24/7 online loan application with simple personal information are required. WeLend provides No Doc Loan#^^. A.I. can simplify loan application process and provide instant loan approval#. Without branches or handling fee, identity verification can be done online through facial recognition technology. WeLend A.I. offers a quicker and more accurate results compared to manual approval result ##. Deposit will be made instantly via Faster Payment System (FPS) once the contract is signed and documents are verified online*.WeLend A.I. offers a fair quotation and repayment schedule based on the individual's personal information, credit score, and loan history. Same-day loan application, same-day cash delivery!

 

The customer must fulfil specific credit requirements to be eligible. Actual situation may vary depending on each individual case.
^^WELEND LIMITED reserves the right to request further supporting documents for loan approval purposes in certain circumstances
## Only refers to the time needed to calculate quotations after receipt of the applicant's TU Report. Applicants must fulfil specific requirements to be eligible, actual time may vary depending on each individual case.
*The loan will be transferred via Faster Payment System (FPS) after the loan is approved and the loan agreement is signed. Actual transfer time is subject to each individual bank's transfer service hours.
WELEND LIMITED reserves its absolute right on any loan approval decision and any disputes.

Remarks

1. The customer must fulfil specific credit requirements to be eligible. Actual situation may vary depending on each individual case. 2. WELEND LIMITED reserves the right to request further supporting documents for loan approval purposes in certain circumstances. 3. The loan will be transferred via Faster Payment System (FPS) after the loan is approved and the loan agreement is signed. Actual transfer time is subject to each individual bank's transfer service hours. 4. Only refers to the time needed to calculate quotations after receipt of the applicant's TU Report. Applicants must fulfil specific requirements to be eligible, actual time may vary depending on each individual case. 5. Only applicable to customers who fulfil specific credit requirements with a maximum loan amount of HK$80,000. Larger loan amounts may be offered to customers who provide further supporting documents. An HKID copy and disbursement account proof are required from new customers for identify verification and disbursement purposes. In the event of any inconsistencies between the English and Chinese version of the Terms and Conditions, the English version shall prevail.
Loan Calculator
Loan Amont
HK $
Minimum
HK$500,000
HK$1,000,000
HK$1,500,000
Tenor
6
Tenor
Monthly Repayment
HK $
838
~
HK $
894
Remark
1. Loan amount should fall within $5,000 and $1,500,000.
2. Monthly repayment is calculated using an effective rate of 1.99% - 25.00% and is for reference only.
Important notice
WeLend will not request any personal information from customers through third parties and WeLend does not have any other official website. If you suspect you received fraudulent call or messages, or are directed to a fake WeLend website, please do not disclose any information, and contact us immediately via WhatsApp 3706 9120 to verify the sender and the message. You may also report it to the police.