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Text and translation
English translation
2278. It was narrated from Abu Hurairah that the Messenger of Allāh ﷺ said: "There will come a time when there will be no one left who does not consume usury (interest), and whoever does not consume it will nevertheless be affected by it." (Da'if)
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Commentary
All forms of interest are unlawful, and cause the curse of Allāh.
As taking interest is a major sin, likewise paying interest is a major sin too. Therefore, taking a loan on the basis of interest is unlawful; whether this interest-based loan is taken from banks or from business individuals.
Helping in any unlawful cause in anyway is prohibited, and the helper will be as equally sinful as the doer.