...well, it&#x27;s low assuming that the person pays back on time. I&#x27;d expect that a fair number of people will use the service because they are in financial trouble, and some of those will then find 6 months later that they are still in trouble and won&#x27;t be able to pay you back. It looks like those people will face a bit more than 4%:<p>&gt; If you do not pay in full within the 6 month period, interest (Annual Percentage Rate is 19.99%. Minimum interest charge is $2.00) will be calculated from the posting date (which is usually within a few days after the purchase date) and will be billed to your account.<p>It will be interesting to see how this business ends up being perceived. I can see it going two ways. If most of your customers end up being people who just need a little help with a bill now and then and are able to pay in six months and so only incur the 4% rate, I think this will be perceived as an innovative and useful service.<p>If a lot of customers turn out to be people who are in more serious difficulty and many cannot make the six month deadline and so get hit with the 19.99% annual rate, expect a firestorm of criticism accusing you of exploiting the poor.<p>I&#x27;m curious about the legal aspects of this. In most states with usury laws, 19.9% is above the limit, although there may be exceptions for specific types of loans or for specific types of businesses. Have you done your legal homework on all this and obtained any required licenses and so on, or is this one of those &quot;disrupt first, try to satisfy the regulators later&quot; kinds of business?