It depends. According to official website information of Hubei Rural Commercial Bank, the annual interest rate of wage loans is as follows:

1. Short-term loan: the loan interest rate within one year (inclusive) is 4.35%.

2. Medium-and long-term loans: the loan interest rate for one year to five years (inclusive) is 4.75%.

3. The loan interest rate for more than five years is 4.9%.