Updated September 28, 2026
What is APR?
In short
The annual percentage rate is the yearly cost of borrowing written as a single percentage, so two loans can be compared at a glance.
The annual percentage rate, or APR, is the yearly cost of a loan written as one percentage, so a cheap instalment loan and an expensive one can be judged side by side without doing the arithmetic. 1822direkt prices its instalment credit at 5.29%, and the ABA Bank salary loan at 14.4%. ABB Bank quotes 10.9% to 42.2% across its range, the widest spread here, and Abhi lists 0%.
Sources
- abb-bank.az, checked September 26, 2026
- abhi.com.pk, checked September 26, 2026
- 1822direkt.de, checked September 26, 2026
- ababank.com, checked September 26, 2026