Loans: Witnessing/Writing Details

You must have a witness or write down the details of an agreement before loaning money or material goods. Both parties should count the money together unless there is a written record, as with electronic transfers, checks, etc.
Note If the amount is so small that the lender would not mind its not being paid back, it is customary to lend without a written record or witness.
Go to Top of Page
Didn't find what you were looking for?
Email Halacha
I just read this halacha, Loans: Witnessing/Writing Details , at www.practicalhalacha.com. I think you will find it very interesting.