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Sep 28, 2017 - 34 minute read

Adib personal loan interest rate

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Adib personal loan interest rate

At 400 APR, on each pound borrowed you would pay 400p or ВЈ4 a year. At 4000 APR, you would pay 4000p a year, that's ВЈ40 on each pound borrowed adib personal loan interest rate. Percentages are out of a 100 aren't they. How can an APR be over 100, like 4670. An APR of over 100 just means that if you were to borrow for a year you would be charged more than 100 of the original loan. So for each pound borrowed, you'd pay more than 100p.

For APRs over 100 a quick and easy way to read them is to imagine a point in front of the last two figures. For instance 4670 APR becomes ВЈ46.

70. This is the amount you would pay on each pound borrowed, per year.

Adib personal loan interest rate

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