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Interest with Non-Jews: Difference between revisions
From Halachipedia
→Selling a Non-Jew's Debt to Another Jew
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#If a Jew wants to borrow from a non-Jew with interest and he asks another Jew to be his agent, he can do so. Yet, it is important that the agent specify with the non-Jew that he is indeed borrowing on behalf of another Jew and he bares no responsibility.<ref>Tur and Shulchan Aruch 168:17</ref> | #If a Jew wants to borrow from a non-Jew with interest and he asks another Jew to be his agent, he can do so. Yet, it is important that the agent specify with the non-Jew that he is indeed borrowing on behalf of another Jew and he bares no responsibility.<ref>Tur and Shulchan Aruch 168:17</ref> | ||
#It is an issue if the Jewish agent has any responsibility for the loan even to serve as a guarantor that can be collected from first (Arev Kablan), rather the non-Jew needs to completely be able to collect from the collateral.<Ref>Bet Yosef 168:17 cites the Ran (Nemukei Yosef 42a) who holds that it is forbidden to be an Arev Kablan for another Jew.</ref> | #It is an issue if the Jewish agent has any responsibility for the loan even to serve as a guarantor that can be collected from first (Arev Kablan), rather the non-Jew needs to completely be able to collect from the collateral.<Ref>Bet Yosef 168:17 cites the Ran (Nemukei Yosef 42a) who holds that it is forbidden to be an Arev Kablan for another Jew.</ref> | ||
====Borrowing on Behalf of a Community==== | |||
#If a few Jewish administrators of a community or communal institution want to borrow with interest from a non-Jew on behalf of the community and then they lent it to the community with interest that is forbidden since ultimately the non-Jew will old the Jewish administrators responsible.<ref>Rashba responsa 5:259 writes that he heard that in many communities they will have the administrators of a community borrow with interest from a non-Jew on behalf of the community and then he lends it out with interest to the rest of the congregation. Rashba writes vehemently that there is nothing to rely upon. Rama 168:17 ambiguously quotes this practice without endorsing it or dismissing it.</ref> | |||
#If an administrator for a community borrows from a non-Jew in order to pay for a communal construction project, according to some, he may be paid back by the community including the interest.<ref>Pitchei Teshuva 168:4 cites Chatom Sofer YD 135 who writes that once an administrator of the community borrowed from a non-Jew with interest for building a communal building for guests. Then he charged the community to each pay their share of the cost. He cites the Ranach 58 who permitted a contractor who borrowed with interest from non-Jews to be repaid by the community since they are essentially paying for the building and not interest for a loan.</ref> | |||
===Selling a Non-Jew's Debt to Another Jew=== | ===Selling a Non-Jew's Debt to Another Jew=== | ||
