> Is 18% interest rate per year fair enough?

Is 18% interest rate per year fair enough?

Posted at: 2014-12-05 
for a minimum of 1120usd there will be an 18% interest rate per year. is this fair enough? it is a private company about poutry.. are any companies that offer higher?

In the USA or most of Europe, an 18% yield investment would typically have a high risk of not being paid back. It is associated with risky propositions.

I am in Las Vegas. You can put your US$1120 onto the color red as a bet on the roulette wheel.

Within seconds, 47% of the time, you will get a 100% return on your investment.

How is the 18% going to be paid? Is the loan secured on any assets? Has the company suficient profit to cover evrything and the interest payments?

Not enough information.

for a minimum of 1120usd there will be an 18% interest rate per year. is this fair enough? it is a private company about poutry.. are any companies that offer higher?