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Is it good to go for a loan of 35,% interest on the sum of 250000#, where you will be paying 38000# for 9months

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3 answers

@Carlos - in fairness, he used "#" not "$", so we don't know which currency and location this is. For a volatile currency, in a higher-risk location and/or for a high-risk/high-reward project 35% annual can be a very reasonable offer. I've seen worse.

@Dear Bunmi, if you respond to Carlos' questions with more specifics I can try to give you my perspective, coming from someone who has worked and invested across 3 continents.

~~In any case, best wishes!

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No

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No there are less expensive options

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