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.
DEVARIM AND THE THREE WEEKS:
Why Do We Mourn?
Rabbi Yehudah Prero - 5756
In Other Words
Shlomo Katz - 5764
Shlomo Katz - 5765
Don't Flaunt It
Rabbi Yissocher Frand - 5764
The Foundation of Piety
Shlomo Katz - 5773
Rebuilding the Temple with Devotion
Rabbi Yehudah Prero - 5757
What Are We Mourning on the Ninth of Av
Rabbi Yosef Kalatzky - 5765
Rabbi Yisroel Ciner - 5758
Rabbi Label Lam - 5770
Rabbi Pinchas Avruch - 5762
The Darkest Corner
Rabbi Label Lam - 5763
When Moshiach Comes
Rabbi Label Lam - 5768
Rabbi Mordechai Kamenetzky - 5758
17th of Tammuz: Why We Fast - Part 1
Rabbi Yehudah Prero - 5758
Don't Just Scratch the Surface
Shlomo Katz - 5762
What Causes One to be Appreciative?
Rabbi Yosef Kalatsky - 5763