[brianpgordon]

The rates don't seem extraordinarily high to me. What would you consider reasonable? It's not trivial to get an apples-to-apples comparison since loan rates are usually given as an APR, not a flat fee. Also, don't confuse their "% of sales to loan repayment" number with a rate - that just determines how much of your revenue they hold back until the loan is repaid.

[aznpwnzor]

yea that's technically a subpoint really that they've made this really hard to compare.

i'm mainly saying it's possibly unreasonable based on the example case they've illustrated.

morally, usury can be one or both of the two:

1. socially deemed over profiting

2. socially deemed high drag on your borrower

i'm using a gut check on #2 here

[al2o3cr]

IMO using the effective APR doesn't make a lot of sense in #2, since a business which isn't doing as well will be repaying more slowly and therefore see a lower effective APR...