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You can not charge interest on a loan to another jew, correct. There are a number of organizations that work as a bank where people put their money in (some are for wedding dresses, baby stuff, and other things people need), and it is borrowed by people who need it for free and then loaned out to others etc...
I can not accept a loan from another Jew either that has interest it is a sin for me to take it as well as to give it.
Torah gives equality since there is no such law for non-Jews, and they would charge Jews interest on their loans, I can take an interest loan from them or give to them. However I can not give a loan with a higher interest rate then they can legally, so if in New York the usury rate is 30% then I can not give or take a 30% loan.
You can charge interest to anyone on a business loan.
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