Hebrew Free Loan Shabbat 
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Hebrew Free Loan Shabbat

February 14, 2015

Parsha Mishpatim teaches "If you lend money to My people, to the needy among you, do not act toward him like a creditor: Exact no interest from them. --Exodus 22:24"  In other words, we are obligated to loan money to those in need of it.

This is the Hebrew Free Loan Association of Greater Washington's directive, and has been since 1909. Our mission is to enable individuals to meet financial challenges and advance their ability to support themselves and their families with dignity. Jewish community members can easily obtain interest-free loans for personal, business and student needs with

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Rashi's commentary on this week's parsha includes the admonition to remember that none of us is immune from the causes of poverty. We must recognize the humanity of those who are in need.
Rambam, Maimonides, held that the greatest level of charitable giving is to support a fellow Jew by gift or loan, or entering into a partnership, or finding employment, in order to strengthen there is no need to be dependent upon others.
The Talmud teaches that any reward for waiting is forbidden, which is to say it is not permissible for a lender to make a profit (at least monetarily) by the borrower. (Bava Metzi‘a)
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