Wednesday, June 2, 2010

Halocho #581 - Repaying a loan is a Mitzva

Yesterday we learned that it's a Mitzva to lend money to a fellow Jew.

If you know that the borrower cannot pay back then you are not allowed to ask him to repay the loan. Even walking by him intentionally is forbidden.

There's a Mitzva to repay a loan; if the borrower already has the ability to pay back then he's forbidden to ask the lender to come back another time.

A person who does not repay a loan is called a Rasha - a wicked person.

A borrower may not waste the money he borrowed if that will prevent him from repaying the loan.

One should not lend money to people who have a reputation of not repaying their debts; since one transgresses every time one nudniks them to repay.

Source: Kitzur Shulchan Aruch 179:4 - 6

- Danny
Wednesday, 20 Sivan 5770

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