Jobless speed features increased to this new levels because Hong Kong’s savings try struck hard of the COVID-19 pandemic. To slow down the financial pressure of your own underemployed and you can jobless, the newest HK bodies established in order to launch the fresh a hundred% Consumer loan Make certain Scheme (Unemployment Mortgage) once more to assist them satisfy immediate economic needs. Although not, try every out of work otherwise jobless private permitted the borrowed funds? Before applying to the Jobless Financing, it is important to understand the qualification conditions or any other related factors.
Do you know the eligibility criteria of your own Unemployment Mortgage?
The fresh new round off Jobless Mortgage is preferable to just before. Those with appropriate checking account(s) and so are not subject to people personal bankruptcy petition otherwise procedures is actually permitted apply. Maximum loan amount is actually 9 moments the average monthly money of applicant in advance of out of work or unemployment, to your restriction regarding HK$one hundred,100.