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.
Comments
Have an additional question on this topic or need clarification? Leave your comment below. (Please note that the comment will not be published but will be sent directly to the answering Rabbi for review and a private response)
Did you find the answer to your question?
Thank you, this helps us make the search more accurate.
Opening the question form…