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.
KI SEITZEI AND ELUL / ROSH HASHANAH:
Parshas Ki Seitzei
Rabbi Yissocher Frand - 5769
Prayer for Redemption - It's For The Birds
Rabbi Eliyahu Hoffmann - 5764
Shofar: Shock Treatment
Rabbi Osher Chaim Levene - 5767
It's Never Too Late
Rabbi Pinchas Avruch - 5765
The Custom of Eating Symbolic Foods
Rabbi Yehudah Prero - 5755
One Small Step from Man...
Rabbi Yaakov Menken - 5760
War On Three Fronts
Rabbi Pinchas Winston - 5763
Rabbi Eliyahu Hoffmann - 5765
Different Courts, Different Rules
Shlomo Katz - 5766
To Be Respected
Rabbi Label Lam - 5769
Are We listening?
Rabbi Yaakov Menken - 5762
Love Out of Fear
Shlomo Katz - 5760
You're Being Followed by Mitzvos...
Shlomo Katz - 5759
Those are the Questions?
Rabbi Label Lam - 5765
Rabbi Label Lam - 5767
A Rosh Hashana Message
Rabbi Mordechai Kamenetzky - 5769