I am trying to find the answer for the below two scenarios.
Let's assume someone has given a loan of $10000 for a period of 2 months.
Scenario 1: The lender and borrower decide that for every extra month, the borrower will pay a fine of $100. Is this fine counted as usury even if both parties had agreed in advance?
Scenario 2: The lender and borrower had decided the original term to be 2 months. Due to unforseen circumstances, the borrower was unable to return the money in time. Since the lender trusted the borrower, he gave him extra time without any fine.
Later when the situation improved, the borrower not only was able to return the money but also wanted to give the lender a bonus as a mark of gratitude. Is this gift counted as usury?