subject: Private Money Loans [print this page] When approaching your need to borrow, make sure you can repay the private loan according to the terms documented so that you do not face a bad experience from a court action, loss of home or sale of business by your failure to repay the short term, higher interest, higher payment loan afforded. It is common practice to have only 2 years to repay private money loans at interest rates as high as 18 percent.
