How would you go about doing this? As an example, if you loaned someone 167 monero to buy a car and expect them to pay you back in 7 years like a bank does you would be requesting 167xmr*6.02% (to counter xmr inflation) for a total of 177.053xmr. 177.053xmr/84 (months in 7 years) would be 2.107xmr a month. At the moment that is fine, but if the usd price of monero rises and the borrower is being paid in usd then they are going to default and you will loose the xmr. The only way I could see to counteract this would be to lower the Monero payments per month, but then that would take even longer to be repaid.
I think only XMR-denominated collateralized short-term Lombard KISS loans (keep it simple stupid) will work. I can loan anyone minimum 100k XMR to maximum 5M XMR against appropriate physical or digital collaterals e.g. marketable NFTs, crypto tokens, staked tokens, authentic paintings of masters, sculpture, modern kinetic arts, NFTs, diamond jewelry, solitaire polished loose diamonds with GIA lab certificates, timepieces like Rolex, Ulysse Nardin and Jacob & Co and physical gold bullion of 999 and 995 purity.
https://linktr.ee/cryptoangelmd