oops, guess that poll question range was too wide, not specific enough

[netmouse]

For those who answered (some form of) Yes, a certain loan interest rate seems excessively high, the majority responded that "too high " starts between 5 and 25 %, and I'd like to see a breakdown on that. Please answer this question too!

[Poll #1343223]

Comments

[sethb.livejournal.com]

Yes, but it's quite high.

Suppose someone is starting a new business, and won't give up equity. I could see a 50% annual interest rate as reasonable (given that if the business fails, he's broke, so the loan is worthless). Likewise if the loan is to the business, non-recourse.