Sunday, October 20, 2013

Specifying the type of repayment for a loan


One who is asked for a loan by someone in need may specify that the payment should not be broken down into very small installments. However, if these small installments would not harm his economic well-being, then he should not insist on this.

(Pitchei Choshen, Halvaah 1:7)

Have a great day,

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