Questions tagged [borrowing]

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Cryptocurrency and Ribbis - Celsius Network

With the rising popularity of DeFi (Decentralized Finance) and cryptocurrencies I am wondering about the interest bearing wallets such as Celsius that will give returns for holding or staking coins. ...
4
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0answers
49 views

What recourse is available for someone whose property was seized by a creditor of the seller?

Let's say Reuven owes Shimon $1000 (because of a loan). Reuven then sells his only piece of land (that happens to be worth $1000) to Levi. This land in Levi's possession is now considered a נכס משעובד ...
4
votes
1answer
94 views

Repaying a loan if the lender was mochel

If one lends someone else money and realized that this person isn't going to pay, so the lender feels bad and doesn't want the person to have a sin and forgives the debt. Let's say the borrower ...
3
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0answers
72 views

What can One do to Hasten the Repayment of a Loan?

I have heard stories of the Chofetz Chayim avoiding the streets where debtors of his lived. I have also heard that one is not supposed to pressure a debtor, and I was wondering about the halachic ...
2
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0answers
86 views

How does a Jewish operated bank make money if the clientele are all Jewish?

As it was/is forbidden for the Israelites to charge usury/interest to a fellow Israelite, I began researching the banking practices of the Israelites in the Torah. That being said/written, interest ...
2
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0answers
72 views

Can you say "Shehachiyanu" on a mortgage "burning"?

In the U.S., there is a custom to burn the mortgage paper after the last mortgage payment has been made. Should one say Shehechiyanu on the event of now officially owning his home?
2
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0answers
100 views

Someone damages tefillin that he borrowed from someone else. Is he liable?

From Kitzur Shulchan Aruch 10:22: מֻתָּר לִקַּח תְּפִלִּין שֶׁל חֲבֵרוֹ גַּם שֶׁלֹּא בִידִיעָתוֹ לְהָנִיחָן וּלְבָרֵךְ עֲלֵיהֶן, כְּמוֹ שֶׁכָּתַבְתִּי בְּסִימָן שֶׁלִּפְנֵי זֶה סָעִיף י"א לְעִנְיַן ...
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0answers
57 views

Paying interest

Clearly, one is not permitted to charge interest on a money loan. However, I believe there is no problem paying interest according to a previous agreement if the lender is not a Jewish person. And ...
1
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0answers
44 views

Are there potential Ribbis issues with applying for PPP loans?

I guess this questions has two components to it: (1) Are PPP loans different than other types of loans because of the way it's structured with the government guaranteeing the loans or something to ...
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0answers
32 views

Heter Iskah practical implications for a private loan

This question is about practical differences in receiving a loan from a "Heter Iskah" certified bank and from not certified one, with the same term and percentage. In other words, besides the ...
1
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0answers
44 views

Tzitzis put on a borrowed garment that is later acquired. Take them off and reattach them?

From Torah Law, I need only put tzitzis on my own four-cornered garment. From Rabbinic Law, I need to attach tzitzis to a borrowed garment only after 30 consecutive days, see Oruch HaShulchan, O Ch ...
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67 views

Repaying Loans vs Tzedakah

When one has to repay an interest-free loan to a Jewish lender, does that take precedence over giving tzedakah? If several payments must be made, can one thus expedite repayment by giving less to ...
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32 views

When forgiving a loan, in front of whom do you need to say it ? Which details need to be mentioned?

Reuven lent Shimon money indefinitely, he said "pay me back when you have extra money". It's been a number of years, and Reuven has never brought it up, and would like to forgive Shimon. He ...
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0answers
25 views

What types of items may an owner keep after a borrowed item is returned to him?

Someone lends his car to his friend for the day. After the friend returns the car, the owner finds some items left in the car. May he keep them under the assumption that once the car is returned he ...