The annual interest rate of 7.2% is not high. If the annual interest rate of the loan is 7.2%, then the loan 1 10,000 yuan, and the interest generated in one year is 720 yuan. Bank of China benchmark interest rate: the annual interest rate of loans within 1 year is 4.35%; /kloc-The annual interest rate of loans from 0 to 5 years is 4.75%; The loan term is more than 5 years and the annual interest rate is 4.9%.

So the annualized interest rate of 7.2% is not much higher than these. In addition, the higher interest rate stipulated by the state is 24%, and the annualized interest rate of 7.2% is far from the high interest rate stipulated by the state. Therefore, in general, the loan interest with an annualized interest rate of 7.2% is not high.