Gift or Loan — Which is Preferable
This question and answer were automatically translated using our trained AI and have not yet been reviewed by a qualified rabbi. Please treat this translation with caution.
go to original →
Question
A friend wants to borrow money from him, and he prefers to give him a gift. Which mitzvah is preferable: a gift or a loan?
Answer
A loan is preferable, so initially give it as a loan and then tell him that you are giving it as a gift. In this way, you gain both a loan and charity (if he is poor), and it is also easier to receive the money initially as a loan, making it more pleasant for him. When you forgive the debt, there is no longer any awkwardness associated with receiving a gift.