Paying a debt early

Hi,

Within Jewish law, it is assumed that the reason to set a payment date is to benefit the borrower, by protecting him from collection before that date. Therefore, under normal circumstances, a borrower who wishes to pay early is allowed to do so.

However: Where the borrower wishes to pay early because of tax considerations or market factors, such that early payment would harm the lender, then the lender is not obligated to accept the early payment.

(Pitchei Choshen, Halvaah 3:10-11)

Have a great day,
Mordechai