Dealing with Forbidden Goods
4. Even if, at the outset, no interest was stipulated, and the borrower
voluntarily adds to the amount he owes when he repays the debt without
referring to the increase as interest, this, too, is forbidden.
5. Even when the borrower explicitly states that he is giving the increase
as a present, the lender is forbidden to accept it from him. However, under
such circumstances, should the lender have already accepted the interest he
took, if the borrower foregoes repayment, the lender is not obligated to
return the money.
6. It is also forbidden to pay interest before or after taking a loan. For
example, Reuven wanted to borrow money from Shimeon. Therefore, he sent him
a present beforehand, explicitly telling him that the present was being
given so that he would grant him the loan. Alternatively, he sent him a
very large present with the obvious implication that he was doing so in
order to receive a loan.
The above exemplifies interest given before a loan. An example of interest
being given after a loan is a person who took a loan, repaid it, and,
afterwards, sent the lender a present in appreciation.
|The Prohibitions Against Interest|
| ||The Prohibitions Against Interest|
|Table of Contents|
Halacha-Yomi, Copyright (c) 2000 ProjectGenesis, Inc.
VAYIGASH AND CHANUKAH:
The Key To Something More
Rabbi Label Lam - 5762
Shlomo Katz - 5765
What's G-d's plan?
Rabbi Pinchas Winston - 5760
Never Discount the Minority
Rabbi Yissocher Frand - 5756
Rabbi Aron Tendler - 5760
Rabbi Yaakov Menken - 5761
Rabbi Moshe Peretz Gilden - 5765
Doorway to Jewish Destiny
Rabbi Pinchas Winston - 5758
Basic Concepts and Laws
Rabbi Yehudah Prero - 5761
Rabbi Raymond Beyda - 5766
Growing in Exile
Shlomo Katz - 5763
'Mehadrin' - An Understanding of the Concept
Rabbi Yehudah Prero - 5755
Rabbi Dovid Green - 5760
First Things First
Rabbi Naftali Reich - 5769
Success by Whose Standards?
Rabbi Yaakov Menken - 5764
Feel My Pain
Rabbi Yochanan Zweig - 5771