If you submit your application during office hours and upload all required documents, the approval will take as little as 30 minutes. The actual approval time will vary depending on individual circumstances.
If you submit your application and upload documents outside of office hours, we will process the application on the next business day.
If your loan application is successfully approved by 4pm and confirmed by online signing, we will transfer the money to your bank account within the same working day. However the time when the money would arrive at your account would depend on individual banks.
Generally no service fee should be incurred but it also depends on the policies of individual banks.
All loan applications are automatically assessed through the MoneyMonkey internal credit system. If your application is rejected, it may indicate that your current credit status is not satisfactory. You can try again to apply after at least one month.