Reference: Debt
Easton
The Mosaic law encouraged the practice of lending (De 15:7; Ps 37:26; Mt 5:42); but it forbade the exaction of interest except from foreigners. Usury was strongly condemned (Pr 28:8; Eze 18:8,13,17; 22:12; Ps 15:5). On the Sabbatical year all pecuniary obligations were cancelled (De 15:1-11). These regulations prevented the accumulation of debt.
See Verses Found in Dictionary
At the end of every seven years thou shalt make a release. And this is the manner of the release: every creditor shall release that which he hath lent unto his neighbor; he shall not exact it of his neighbor and his brother; because Jehovah's release hath been proclaimed. read more. Of a foreigner thou mayest exact it: but whatsoever of thine is with thy brother thy hand shall release. Howbeit there shall be no poor with thee; (for Jehovah will surely bless thee in the land which Jehovah thy God giveth thee for an inheritance to possess it;) if only thou diligently hearken unto the voice of Jehovah thy God, to observe to do all this commandment which I command thee this day. For Jehovah thy God will bless thee, as he promised thee: and thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt rule over many nations, but they shall not rule over thee. If there be with thee a poor man, one of thy brethren, within any of thy gates in thy land which Jehovah thy God giveth thee, thou shalt not harden thy heart, nor shut thy hand from thy poor brother;
If there be with thee a poor man, one of thy brethren, within any of thy gates in thy land which Jehovah thy God giveth thee, thou shalt not harden thy heart, nor shut thy hand from thy poor brother; but thou shalt surely open thy hand unto him, and shalt surely lend him sufficient for his need in that which he wanteth. read more. Beware that there be not a base thought in thy heart, saying, The seventh year, the year of release, is at hand; and thine eye be evil against thy poor brother, and thou give him nought; and he cry unto Jehovah against thee, and it be sin unto thee. Thou shalt surely give him, and thy heart shall not be grieved when thou givest unto him; because that for this thing Jehovah thy God will bless thee in all thy work, and in all that thou puttest thy hand unto. For the poor will never cease out of the land: therefore I command thee, saying, Thou shalt surely open thy hand unto thy brother, to thy needy, and to thy poor, in thy land.
He that putteth not out his money to interest, Nor taketh reward against the innocent. He that doeth these things shall never be moved.
He that augmenteth his substance by interest and increase, Gathereth it for him that hath pity on the poor.
he that hath not given forth upon interest, neither hath taken any increase, that hath withdrawn his hand from iniquity, hath executed true justice between man and man,
hath given forth upon interest, and hath taken increase; shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.
that hath withdrawn his hand from the poor, that hath not received interest nor increase, hath executed mine ordinances, hath walked in my statutes; he shall not die for the iniquity of his father, he shall surely live.
In thee have they taken bribes to shed blood; thou hast taken interest and increase, and thou hast greedily gained of thy neighbors by oppression, and hast forgotten me, saith the Lord Jehovah.
Give to him that asketh thee, and from him that would borrow of thee turn not thou away.
Hastings
DEBT
1. In OT.
See Verses Found in Dictionary
If thou lend money to any of my people with thee that is poor, thou shalt not be to him as a creditor; neither shall ye lay upon him interest.
And six years thou shalt sow thy land, and shalt gather in the increase thereof:
Take thou no interest of him or increase, but fear thy God; that thy brother may live with thee.
Thou shalt not lend upon interest to thy brother; interest of money, interest of victuals, interest of anything that is lent upon interest:
When thou dost lend thy neighbor any manner of loan, thou shalt not go into his house to fetch his pledge.
Jehovah will open unto thee his good treasure the heavens, to give the rain of thy land in its season, and to bless all the work of thy hand: and thou shalt lend unto many nations, and thou shalt not borrow.
He shall lend to thee, and thou shalt not lend to him: he shall be the head, and thou shalt be the tail.
Now there cried a certain woman of the wives of the sons of the prophets unto Elisha, saying, Thy servant my husband is dead; and thou knowest that thy servant did fear Jehovah: and the creditor is come to take unto him my two children to be bondmen. And Elisha said unto her, What shall I do for thee? tell me; what hast thou in the house? And she said, Thy handmaid hath not anything in the house, save a pot of oil. read more. Then he said, Go, borrow thee vessels abroad of all thy neighbors, even empty vessels; borrow not a few. And thou shalt go in, and shut the door upon thee and upon thy sons, and pour out into all those vessels; and thou shalt set aside that which is full. So she went from him, and shut the door upon her and upon her sons; they brought the vessels to her, and she poured out. And it came to pass, when the vessels were full, that she said unto her son, Bring me yet a vessel. And he said unto her, There is not a vessel more. And the oil stayed. Then she came and told the man of God. And he said, Go, sell the oil, and pay thy debt, and live thou and thy sons of the rest.
and if the peoples of the land bring wares or any grain on the sabbath day to sell, that we would not buy of them on the sabbath, or on a holy day; and that we would forego the seventh year, and the exaction of every debt.
They drive away the ass of the fatherless; They take the widow's ox for a pledge.
He that putteth not out his money to interest, Nor taketh reward against the innocent. He that doeth these things shall never be moved.
The wicked borroweth, and payeth not again; But the righteous dealeth graciously, and giveth.
The wicked borroweth, and payeth not again; But the righteous dealeth graciously, and giveth.
He that hath pity upon the poor lendeth unto Jehovah, And his good deed will he pay him again.
The rich ruleth over the poor; And the borrower is servant to the lender.
He that augmenteth his substance by interest and increase, Gathereth it for him that hath pity on the poor.
And it shall be, as with the people, so with the priest; as with the servant, so with his master; as with the maid, so with her mistress; as with the buyer, so with the seller; as with the creditor, so with the debtor; as with the taker of interest, so with the giver of interest to him.
Thus saith Jehovah, Where is the bill of your mother's divorcement, wherewith I have put her away? or which of my creditors is it to whom I have sold you? Behold, for your iniquities were ye sold, and for your transgressions was your mother put away.
Woe is me, my mother, that thou hast borne me a man of strife and a man of contention to the whole earth! I have not lent, neither have men lent to me; yet every one of them doth curse me.
And forgive us our debts, as we also have forgiven our debtors.
Therefore is the kingdom of heaven likened unto a certain king, who would make a reckoning with his servants.
Therefore is the kingdom of heaven likened unto a certain king, who would make a reckoning with his servants.
thou oughtest therefore to have put my money to the bankers, and at my coming I should have received back mine own with interest.
And if ye lend to them of whom ye hope to receive, what thank have ye? even sinners lend to sinners, to receive again as much. But love your enemies, and do them good, and lend, never despairing; and your reward shall be great, and ye shall be sons of the Most High: for he is kind toward the unthankful and evil.
A certain lender had two debtors: the one owed five hundred shillings, and the other fifty.
And calling to him each one of his lord's debtors, he said to the first, How much owest thou unto my lord?
then wherefore gavest thou not my money into the bank, and I at my coming should have required it with interest?
having blotted out the bond written in ordinances that was against us, which was contrary to us: and he hath taken it out that way, nailing it to the cross;