Loan Without a Promissory Note | Loans | Ask the Rabbi - SHEILOT.COM

Loan Without a Promissory Note

Question

Can one lend to a friend without a promissory note because it feels uncomfortable?

Answer

If he wholeheartedly forgives if the other does not repay, it is permitted.

Source

Shulchan Aruch, Choshen Mishpat, Siman 70, Bava Metzia 75

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