I would take nitrates of 20ppm in my tank any day. I don't even do test for nitrates in my tank, I'm sure they're off the scale. Because of the load in fish that I have and how much I feed I'm sure that my nitrates are high. Instead of testing for nitrates I look and see that my fish are eating, good color and are growing. Some people have said that high nitrates will cause a fish to either grow slow or not fully grow. I haven't seen any of this in my tank, as my fish are very large and have grow fast, and have lived very long lifes.
One problem of high nitrates is when introducing a new fish into the tank as some fish can't take the sudden increase in nitrates. Some will die within a matter of days other will take a while to get use to it.