That’s pretty expensive for the age, but cheap overall. I was in a similar situation with my coworker at the same age, but it was luckily about an order of magnitude smaller a loan. I mentioned it to my family and they sat me down to explain that I’d inadvertently given both of us a gift, just mine was in the form of experience.
I got lucky with that. I’d loaned a coworker money multiple times and he paid me back every time, sometimes with interest.
I guess I was cheaper than the payday loan places.