Standard Interets Rates for short term loan

[pinoycash]

Hi, i am thinking of starting my Payday loan here in the forum, Mostly shorterm loan from 1 - 15days max,
What are the best interest rates that is fare for both parties?
is it allowed to have an advance interest, example he loan 1BTC and the interest is 20% for 15 days, i will deduct the 20% advance and release a loan of .80BTC, and after 15days borrower returns 1BC full

Thanks in Advance 

[Vod]

is it allowed to have an advance interest, example he loan 1BTC and the interest is 20% for 15 days, i will deduct the 20% advance and release a loan of .80BTC, and after 15days borrower returns 1BC full

So which is it?  20% interest or 25% interest?

[--Encrypted--]

best rates (in my opinion) are 10%-30% depending on the amount loaned.

for your second question... that's sounds rather ridiculous and is no different from 0.8BTC loan with 25% interest.

[GamingOn]

Id be wanting to lend me 0.200 for 30% 7 days
let me know if interesetd.