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Taking Interest: Difference between revisions
From Halachipedia
→Payments from a Borrower to a Third Party
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# If the guarantor or anyone else accepts to pay the lender some amount of money each month or some period of time as long as the borrower hasn’t paid that is considered interest.<ref>Taz 160:6</ref> | # If the guarantor or anyone else accepts to pay the lender some amount of money each month or some period of time as long as the borrower hasn’t paid that is considered interest.<ref>Taz 160:6</ref> | ||
===Paying up a Loan of the Lender=== | ===Paying up a Loan of the Lender=== | ||
# It is rabbinically forbidden for the borrower to repay another loan of the lender if he does so besides returning the capital of the loan that he borrowed.<ref>Radvaz 3:1060, Chavot Daat 160:5. Radvaz points out that this is different that the laws of someone who one took a [[neder]] not to benefit since | # It is rabbinically forbidden for the borrower to repay another loan of the lender if he does so besides returning the capital of the loan that he borrowed.<ref>Radvaz 3:1060, Chavot Daat 160:5. Radvaz points out that this is different that the laws of someone who one took a [[neder]] not to benefit since paying their loans isn't a benefit.</ref> | ||
==Non-Profits== | ==Non-Profits== | ||
