Amount: $50+ | Interest: 8.00% - 25.00%
Is it yearly? I don't think it is yearly. If it is weekly or monthly then it will be still too much as a newbie you should not charge more than 10% per month whatever the amount is 50$ or more.
If you miss the timeframe and fail to return my loan (including interest), you will be charged 7% interest per day, if you don't provide me with a reason for the delay or fail to contact me in general, a scam report will be filed, and you'll be barred from my loan service.
Is it not too much? I have still not seen any lender whose charge 7% per day for extension.