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loans

  • Choshen Mishpat, loans
  • credit card, debt, default, financial difficulties, loan, pay back

If I default on my credit card debt, or try to settle, because of financial difficulties, is that considered “a rasha borrows but does not repay”?, or does this only apply between Jews?

The prohibition of "a rasha borrows but does not repay" doesn’t apply to one who had all intention of paying but defaulted accidentally. Certainly, if one settles amicably with the…

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  • Choshen Mishpat, loans
  • arkaos, free loan, guarantor, loan, money

I was approached by a third-party to be a guarantor for another yid (who comes to shul on Shabbos) through the Free Loan Society in town…

Continuation: This sexagenarian yid is a pensioner who wants the money to replace his broken air conditioning. However, I found out that they don't make their loans according to Jewish…

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