Price for Prepayment and Payment After Completion of Work
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
I am a contractor performing work, and I want to set two prices: a lower price for those who pay before the work is done, and a higher price for those who pay after the work is completed. Is there a prohibition of interest in setting two prices?
Answer
In the hiring of a worker, similar to renting an apartment, it is permissible to set two prices: a lower price for those who pay at the beginning of the work, and a higher price for those who pay at the end of the work. There is no prohibition of interest in this.
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 (Please note that the comment will not be published but will be sent directly to the answering Rabbi for review and a private response)
Become our patrners in supporting and spreading the Torah
Help us answer more questions faster and better
Join the mission