HK strengthens regulations on unsecured personal loans for low-income individuals
發佈日期: 2026-03-13 20:07
TVB News
There has been reports of cases of excessive borrowing by some foreign domestic helpers over the years.
The government has now strengthened regulations on unsecured personal loans for low-income individuals from August this year.
For those earning HK$6,000 or less per month, the monthly repayment as a percentage of income cannot exceed 35%, and the repayment period cannot exceed the remaining years of the employment contract.
For those earning between $6,001 and $12,000 per month, the limit is 40%.
Based on the current minimum wage of $5,100 per month for Foreign Domestic Helpers, a maximum loan amount for a two-year contract would be approximately $42,000.
