A Loan from the 'Max' Credit Company | Interest on loans | Sheilot

A Loan from the 'Max' Credit Company

Question

Is it permitted to take an interest-bearing loan from a credit company, such as Max?

Answer

Shalom u'vrachah 

The 'Max' company has a good heter iska. 

However, you may not take a loan unless you have a business, or an apartment in Eretz Yisrael, which is also considered an iska. 

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