5
votes
0answers
47 views

Do the laws of Ribis apply to loans of virtual currency?

If a Jew lends a player in a multiplayer online game money, and he knows without a doubt that that player is Jewish, does the prohibition of ribis apply? (After all, the only thing that changed was a ...
6
votes
1answer
93 views

Lending Money and Inflation

When lending money, Jews are not allowed to charge other Jews interest. However, due to inflation, the value of money decreases with time, such that the money that is repaid is worth less than that ...
3
votes
1answer
73 views

Is there a prohibition of paying interest misafek (doubt)?

Reuvain borrowed money from Shimon, and both are unsure if it was ever payed back. Now, of course Shimon can't claim any money from Reuvain, but if Reuvain wants to pay him back out of doubt, should ...
3
votes
1answer
77 views

Not paying interest

Suppose someone asks his friend for a loan and he says "sure, no problem, but there is interest that comes along with that". Later, the borrower repays just the principal and says "the Torah forbids ...
8
votes
1answer
100 views

Am I allowed to get miles or points for a loan?

Suppose me and my good friend Shimon are in a store shopping. Shimon wants to borrow $100 from me for his purchase. I graciously agree, but instead of giving Shimon cash, I swipe my credit card for ...
3
votes
1answer
106 views

Is requesting early payment on a loan considered a (prohibited) form of interest?

Can a Jewish-owned business that extends interest-free house account/credit, billable on a monthly basis (as per signed agreement), demand early payment? Would this be considered taking interest, as ...
3
votes
0answers
52 views

Time-limited promotional giveaways for some, fees for everyone later

If someone provides a discount for early payment, and raises the price for others, there is reason to consider this a form of forbidden usury. What if someone is giving away a gift to some as a ...
3
votes
0answers
58 views

Insurance and Ribit

What is the halachick treatment of a long term insurance contract issued by a company held by a Jew? In particular - Is the underlying investment that contributes to the ultimate amount of the ...
0
votes
1answer
93 views

Early bird discounts and ribbis

Are early-bird discounts ribbis? For example, "buy before March 1, 10% off", or "tickets $12 in advance, $15 at the door" Inspired by http://myparnasa.com/collecting-interest-ribbis/
3
votes
1answer
308 views

Are you allowed to borrow money from another Jew with interest?

So ... I understand you're not allowed to lend money to another Jew with interest, I won't get into the question of why. Does this mean you're also not allowed to accept money from another Jew, where ...
1
vote
0answers
72 views

Loan in exchange for keeping shabbos, ribis?

The Father (not frum) of a Baal Teshuva asked his son for a loan. The son agreed to give his Father the loan on condition that he starts to keep Shabbos. Is this a problem of ribis?
7
votes
1answer
173 views

Transfer of loan / mortgage from non-Jew to Jew

What happens if a Jew borrows money on interest from a non-Jew, and then the lender turns around and sells the debt to a Jew? (Such transactions are very common in the mortgage industry.) Is it ...
4
votes
2answers
134 views

Can donating to a Gemach be ribbis?

Suppose that Reuven is strapped for cash. He goes to the local Gemach and gets a hefty $10,000 dollar loan for his daughter's wedding. 3 months later, Reuven manages to acquire the money and repays ...
8
votes
1answer
199 views

Peer-to-Peer Lending Websites

There are websites (such as Prosper.com or LendingClub.com) which allow laypeople to lend money to borrowers with interest. For example, a typical listing posted by a potential borrower is one in ...
4
votes
1answer
248 views

Is returning a car with a full tank of gas a problem of ribis (interest/usury)?

I was told that if you borrow a car from a friend, it's courteous to return it washed, and with a full tank of gas (even if the car was dirty and had an empty tank when you borrowed it). Is there any ...