Updated September 28, 2026 · BorrowCue Editorial Team
Andacredito vs Arab Islamic Bank
What sets them apart
| Compare |  Andacredito |  Arab Islamic Bank |
|---|---|---|
| APR | 0% to 36%Lower | 4.5% to 9% |
| Loan amount | €100 to €5,000 | $80,000 |
| Term | 2 to 3 months | 84 monthsHigher |
| Rate type | Variable | Fixed |
| Lender type | Broker | Direct lender |
| Eligibility | 18 or older, bank account in Spain, ability to repay | Personal ID, 6-month bank statement, proof of occupation (salary slip or municipal council certificate), salary transfer commitment or suitable guarantee; salary deduction must not exceed 50% |
| Loan types | Personal, Payday, Car, Business, Student, Debt consolidation | Personal, Car, Student, Business, Secured |
| Arrangement fee | 0 EUR | Not confirmed |
| Funding time | 10 minutes | Not confirmed |
| Representative example | 300 EUR loan repaid over 67 days: cost 0 EUR, total repayable 300 EUR, APR 0% | Not confirmed |
| Free early repayment | Yes | Not confirmed |
| Origination fee (%) | 0% | Not confirmed |
| Credit needed | Poor | Not confirmed |
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Key differences
- Arab Islamic Bank scores higher overall: 9.4 vs 8.7.
- APR is lower at Andacredito: 0% to 36% vs 4.5% to 9%.
- Term is higher at Arab Islamic Bank: 84 months vs 2 to 3 months.
- Support channels: only Andacredito offers Email.
- Support channels: only Arab Islamic Bank offers Phone, Chat.
- Loan types: only Andacredito offers Payday, Debt consolidation.
- Loan types: only Arab Islamic Bank offers Secured.
Our verdict on each
Andacredito
Andacredito is a Spanish broker for short personal and payday loans, built for borrowers with poor credit who need cash quickly. Costs are where it wins, with an APR of 0% to 36%, an arrangement fee of 0 EUR and funding in 10 minutes.
Arab Islamic Bank
Arab Islamic Bank lends directly, and its fixed rate of 4.5% to 9% sits well below the 12.25% typical of the personal loans compared here. It suits salaried applicants in PS who can show documented income and commit a salary transfer, though the $80,000 ceiling will not stretch to very large borrowing.
Score breakdown
| Area | Andacredito | Arab Islamic Bank |
|---|---|---|
| Cost | 9.5 | 9.5 |
| Offer | 8.3 | 9.4HigherFixed-rate lending at 4.5% to 9% for up to $80,000 over 84, underwritten directly by the bank. |
| Trust | 8.3 | 9.3Higher |
From lowest to highest
| Fact | Andacredito | Arab Islamic Bank |
|---|---|---|
| APR | 0% to 36% | 4.5% to 9% |
Feature by feature
| Loan types | Andacredito | Arab Islamic Bank |
|---|---|---|
| Personal | Yes | Yes |
| Payday | Yes | No |
| Debt consolidation | Yes | No |
| Secured | No | Yes |
| Car | Yes | Yes |
| Business | Yes | Yes |
| Student | Yes | Yes |
Also worth a look
FINANZCHECK.de has apr at -0.4% to 19.9%, against 0% to 36% for Andacredito and 4.5% to 9% for Arab Islamic Bank.
FINANZCHECK.de reviewSources behind this comparison
Andacredito
- andacredito.es: 17 facts, checked September 26, 2026
Arab Islamic Bank
- aib.ps: 12 facts, checked September 26, 2026
How they place
| Ranking | Andacredito | Arab Islamic Bank |
|---|---|---|
| Personal loans | 13 of 1932 | 253 of 1932 |
| Car loans | 3 of 431 | 46 of 431 |
| Business loans | 2 of 435 | 40 of 435 |
| Private student loans | 2 of 167 | 14 of 167 |
Every fact side by side
| Fact | Andacredito | Arab Islamic Bank |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Features | Same day funding | Not confirmed |
| Legal entity | Fininity OU | Arab Islamic Bank |
| Headquarters | Estonia | Palestine |
| Founded | Not confirmed | 1995 |
| Support channels | Phone, Chat |
Where each stands against the rest
| Fact | Andacredito | Arab Islamic Bank | Median |
|---|---|---|---|
| APR | 0% to 36%lowest quarter | 4.5% to 9%below the median | 8.99 |
| Term | 2 to 3 monthslowest quarter | 84 monthsabove the median | 60 |
| Origination fee (%) | 0%below the median | Not confirmed | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Andacredito
Pros
- An APR of 0% to 36% and an arrangement fee of 0 EUR keep the headline cost at the cheap end.
- Funding in 10 minutes suits a bill that lands today rather than next month.
- Early repayment is free, so an unexpected windfall clears the balance at no extra cost.
Cons
- The term is 2 to 3, so the balance must clear quickly and a gap suits better than a cost spread over years.
- The rate is variable, so the figure you finish on is exposed to a rate move.
- Support runs on email only, so every question and dispute is handled in writing.
Arab Islamic Bank
Pros
- Fixed-rate lending at 4.5% to 9%, well under the 12.25% seen across the personal loans compared here.
- A term of 84 runs past the 60 term at the upper end of that comparison, so each instalment stays smaller.
- Direct lending across personal, car and student purposes, with the bank underwriting the application rather than a broker.
Cons
- Support runs on phone and chat only, so there is no other listed route to the bank.
- Only a fixed rate is offered, with no variable option to move to if the fixed period ends.
- Eligibility is strict: proof of occupation, a salary transfer commitment or a suitable guarantee, and a cap on the salary deduction.
Who each suits
Andacredito
Who it suits
- Borrowers in Spain with a Spanish bank account who need a small sum quickly.
- Applicants with poor credit who have been turned down elsewhere.
- Anyone who can clear 2 to 3 from income and repay early for nothing.
Who should look elsewhere
- Borrowers needing more than €100 to €5,000 or a longer horizon than 2 to 3.
- Shoppers who want a phone line, since support runs on email only.
- Anyone after a narrow band, since Monzo Flex lists 10% to 23% against Andacredito's 0% to 36%.
Arab Islamic Bank
Who it suits
- Salaried applicants in PS who can commit a salary transfer and show proof of occupation.
- Borrowers who price on rate alone, since 4.5% to 9% sits below the 10% to 23% at Monzo Flex.
- Borrowers who want fixed-rate lending across personal, car and student purposes from the same bank, rather than the PHP 12 to PHP 36 shown at Cashspace.
Who should look elsewhere
- Anyone after interest free borrowing, because the rate here is fixed at 4.5% to 9% rather than the 0% shown at Cashspace ES.
- Applicants who cannot show proof of occupation or commit a salary transfer, since eligibility needs either that or a suitable guarantee, and the cap on the salary deduction narrows who clears the bar.
Current offers
Andacredito
Current offer
Bonus
Primer prestamo gratis sin intereses (0% TAE) for new customers: 0% TAE, 0 EUR cost on the first loan
New customers of the minicredito rapido (repayment 61-90 days); the amount and rate are set after completing the questionnaire and depend on the lender chosen
Source, checked September 26, 2026
Arab Islamic Bank
Current offer
Bonus
Bank in your hand and prizes await: monthly iPhone 17 Pro Max or $100 daily: iPhone 17 Pro Max monthly or 100 USD daily
Every transaction carried out through the Mobile Bank app is an entry chance
Source, checked September 26, 2026
Country by country
| Country | Andacredito | Arab Islamic Bank |
|---|---|---|
| Palestine | No | Yes |
| Spain | Yes | No |
Questions about each
Andacredito
What rate does Andacredito charge?+
The published APR is 0% to 36%, and it applies across the personal, payday and car loans the broker arranges. What you actually pay depends on the partner you are matched with, the amount and the term, so read the offer rather than the band. The cheapest end of the range belongs to the smallest, shortest loans.
Is there an arrangement fee?+
The arrangement fee is 0 EUR, so the broker adds no setup charge, and the representative example confirms it: the small loan shown comes back at the amount borrowed with the cost at nothing. Start-up fees are not where this loan bites. Interest is a separate matter and depends on the partner's rate.
Arab Islamic Bank
What rate do I pay on a loan from Arab Islamic Bank?+
Arab Islamic Bank lends at 4.5% to 9%, and that rate is fixed, so the figure holds for the life of the loan. Personal loans compared here run around 12.25% at the median, which puts this lender on the cheaper side. Ask for the rate that applies to your own application, since the offer depends on your profile.
How much can I borrow?+
Borrowing runs to $80,000 on the personal loan, well above the €556.48 typical of the personal loans compared here, and it ranks 42 on amount. The bank also covers personal, car and student lending, so other purposes sit in the same place. Repayment can stretch to 84.
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