> A fair interest rate on a loan of the type being discussed is, sure, a few percent, maybe even under 10% (although, you know, my credit card has a higher rate

> A fair interest rate on a loan of the type being discussed is, sure, a few percent, maybe even under 10% (although, you know, my credit card has a higher rate than that, so let's not go overboard here). Credit card rates are effectively 0% if you pay off your statement balance in full, whereas these rates you always have to pay.