Is it permitted to lend an object or merchandise on condition that if repayment is not made after eight days, the collateral becomes the lender's property?
Synopsis
Conditional loans with collateral are contested; some permit because acquisition is deferred, others forbid to prevent circumvention of commerce prohibitions.
More in Chol HaMoed Activities
Is buying and selling merchandise (pragmatia) on Chol HaMoed forbidden?
2 opinions
Is one permitted to collect a loan (on Chol HaMoed) from a fellow Jew or from a Gentile?
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If one sold merchandise before Chol HaMoed, may one collect payment during Chol HaMoed?
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May one sell merchandise during Chol HaMoed if doing so prevents financial loss of principal?
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Discussion
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