Author Topic: PSA: Don't swipe recklessly for others  (Read 476044 times)

Offline LoLo

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Re: PSA: Don't swipe recklessly for others
« Reply #1700 on: January 28, 2019, 11:38:26 PM »
+1, you're only allowed to pay the interest if you're the borrower from the bank, co-signer etc.

Offline rileywiles23

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Re: PSA: Don't swipe recklessly for others
« Reply #1701 on: January 29, 2019, 12:27:25 AM »
+1, you're only allowed to pay the interest if you're the borrower from the bank, co-signer etc.
But he's aloud to pay the interest as a gift
Life is as good as you make it...

Offline knowitall

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Re: PSA: Don't swipe recklessly for others
« Reply #1702 on: January 29, 2019, 12:30:47 AM »
But he's aloud to pay the interest as a gift
not according to my LOR and another posek that supposedly knows biz halacha.

I've heard it might b ok to have him pay me for something else and pay me extra if it's not clear why he's paying extra. Also possibly to have someone else pay me for him, as long as my friend is not obligated to pay his friend back. Now back to regular programming...........

Offline LoLo

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Re: PSA: Don't swipe recklessly for others
« Reply #1703 on: January 29, 2019, 08:47:51 AM »
But he's aloud to pay the interest as a gift
Not so simple, and even on those instances when allowed, i think it's only if you're friends in real life.

Offline tzifanya54

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Re: PSA: Don't swipe recklessly for others
« Reply #1704 on: January 29, 2019, 08:53:16 AM »
I think this definitely needs to be stressed now. I can imagine many signed up for cap1 and need ways of spending $50k. I personally am familiar with 2 people that got suckered into this swiping for someone’s business on a personal level (not one of these swiping Ponzi schemes), and were screwed out of their money.

Offline gingyguy

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Re: PSA: Don't swipe recklessly for others
« Reply #1705 on: January 29, 2019, 08:57:38 AM »
But he's aloud to pay the interest as a gift
-1 thats ribbis just the same . you cant just say that youre intentions are different and it changes the facts
May you slide down the banister of happiness & get many splinters of success up your career.

Offline chevron

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Re: PSA: Don't swipe recklessly for others
« Reply #1706 on: January 29, 2019, 09:05:18 AM »
I paid the bank directly for his cards.


Offline Yikes2179

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Re: PSA: Don't swipe recklessly for others
« Reply #1707 on: January 29, 2019, 09:27:53 AM »
I paid the bank directly for his cards.
It's still ribis

Offline chevron

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Re: PSA: Don't swipe recklessly for others
« Reply #1708 on: January 29, 2019, 09:36:05 AM »
Where's @ChaimMoskowitz err I mean @Muhammad

Offline Menachem613

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Re: PSA: Don't swipe recklessly for others
« Reply #1709 on: January 29, 2019, 09:38:22 AM »
-1 thats ribbis just the same . you cant just say that youre intentions are different and it changes the facts

Can this be moved to the Halacha thread?

Offline knowitall

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Re: PSA: Don't swipe recklessly for others
« Reply #1710 on: January 29, 2019, 10:00:41 AM »
I wonder what percentage of frum Jews believe a frum Jew would never steal

Offline Menachem613

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Re: PSA: Don't swipe recklessly for others
« Reply #1711 on: January 29, 2019, 10:04:40 AM »
I wonder what percentage of frum Jews believe a frum Jew would never steal

All. If he steals he’s not really Jewish. No true Scotsman.

Offline puddles

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Re: PSA: Don't swipe recklessly for others
« Reply #1712 on: January 29, 2019, 10:13:47 AM »
I actually got a call from a friend yesterday who's BIL is one of the victims asking me if I know how deal with the banks.
I missed something in the thread. Was this a buying group? Or something different?  Why did they take down the article?

Offline rileywiles23

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Re: PSA: Don't swipe recklessly for others
« Reply #1713 on: January 29, 2019, 10:17:19 AM »
-1 thats ribbis just the same . you cant just say that youre intentions are different and it changes the facts
I guess call my Ruv and tell him -1
Life is as good as you make it...

Offline LoLo

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Re: PSA: Don't swipe recklessly for others
« Reply #1714 on: January 29, 2019, 10:18:56 AM »
I guess call my Ruv and tell him -1
It's not simple, each case could be different. Might depend on the relationship between the parties among other things.

Anyway, prob doesn't belong in this thread.

Offline Menachem613

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Re: PSA: Don't swipe recklessly for others
« Reply #1715 on: January 29, 2019, 10:21:38 AM »
Why does every topic need to turn into a Halachic discussion?

Offline yelped

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Re: PSA: Don't swipe recklessly for others
« Reply #1716 on: January 29, 2019, 10:31:22 AM »
Because that's how we live our lives. Bechol Derochecho Dai'aiyu.

Offline gingyguy

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Re: PSA: Don't swipe recklessly for others
« Reply #1717 on: January 29, 2019, 11:07:14 AM »
Why does every topic need to turn into a Halachic discussion?
HT aygart
Quote
.You have the right to remain silent. Anything you say can and will be used to start a religious discussion.
May you slide down the banister of happiness & get many splinters of success up your career.

Offline rileywiles23

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Re: PSA: Don't swipe recklessly for others
« Reply #1718 on: January 29, 2019, 12:29:47 PM »
Why does every topic need to turn into a Halachic discussion?
Do you keep to your username?
Life is as good as you make it...

Offline ExGingi

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Re: PSA: Don't swipe recklessly for others
« Reply #1719 on: January 29, 2019, 01:33:09 PM »
I'm not a Rav, but I had a similar situation where someone used my cards and incurred interest (and was willing to pay the interest) but my Rav said he can only pay me for what he swiped, not any interest. I'm saying this as a PSA, even when you trust each other 100%, watch out for interest cuz u can be on the hook for it.
IF people doing this would be aware of the ribis issues involved, and would have gone to a Rov that understands hilchos ribbis as well as business, I would guess that many people would be saved from the bad outcomes.

Maybe our communities need to raise awareness about Ribis and what can and cannot be done with a heter Iska. And that according to many opinions a heter Iska is invalid if there's no way for the lender/investor to lose money.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan