<prompt> Human: Apologies if this is the wrong subreddit. I have no idea where I should be asking this. My friend wanted to borrow 2000 for two years so I told him I will be charging interest and he was OK with it. Im thinking of charging him 10 per year. Is that too high? Thoughts?  <response>: 10 is higher than i would charge a friend. but I also wouldnt ever lend money to a friend so they could buy a toy like a gaming PC. tell him to save up for it and pay with cash. odds are good youll never see this money again. 