Common Everyday Cases of Interest: Difference between revisions
From Halachipedia
→Car Loan
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* According to Rashi (cited by Rama 160:16) that there’s no prohibition of ribbit when done through a shaliach perhaps that can permit using a bank loan since the teller is merely an agent of the bank.</ref> | * According to Rashi (cited by Rama 160:16) that there’s no prohibition of ribbit when done through a shaliach perhaps that can permit using a bank loan since the teller is merely an agent of the bank.</ref> | ||
==Car Loan== | ==Car Loan== | ||
# Getting a loan for purchasing a car may not be taken with interest if the loan, provided by the bank or dealership, is done with another Jew. | # Getting a loan for purchasing a car may not be taken with interest if the loan, provided by the bank or dealership, is done with another Jew. TO avoid any issue, one can either take the auto loan from a non-Jewish bank<ref>[https://dinonline.org/2020/03/08/ribbis-on-auto-loans/ dinonline.org (3/8/2020)]</ref> or with the Jewish lending group, appending to the loan document that it is done in accordance with the [[heter iska]] of a standard Israeli bank.<ref>[https://www.toraland.org.il/%D7%A9%D7%90%D7%9C%D7%95%D7%AA-%D7%95%D7%AA%D7%A9%D7%95%D7%91%D7%95%D7%AA/%D7%9B%D7%9C%D7%9B%D7%9C%D7%94-%D7%95%D7%9E%D7%A9%D7%A4%D7%98/%D7%9E%D7%A9%D7%A4%D7%98-%D7%94%D7%AA%D7%95%D7%A8%D7%94/%D7%A8%D7%99%D7%91%D7%99%D7%AA-%D7%91%D7%A7%D7%A0%D7%99%D7%99%D7%AA-%D7%A8%D7%9B%D7%91-%D7%91%D7%AA%D7%A9%D7%9C%D7%95%D7%9E%D7%99%D7%9D/ toraland.org.il]</ref> | ||
==Sources== | ==Sources== | ||
<references/> | <references/> | ||
[[Category:Ribbit]] | [[Category:Ribbit]] | ||
