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 you must cancel debts. This is how to cancel debt: Every creditor is to cancel what he has lent his neighbor. He is not to collect [anything] from his neighbor or brother, because the Lord's release of debts has been proclaimed. read more. You may collect [something] from a foreigner, but you must forgive whatever your brother owes you. "There will be no poor among you, however, because the Lord is certain to bless you in the land the Lord your God is giving you to possess as an inheritance- if only you obey the Lord your God and are careful to follow every one of these commands I am giving you today. When the Lord your God blesses you as He has promised you, you will lend to many nations but not borrow; you will rule over many nations, but they will not rule over you. "If there is a poor person among you, one of your brothers within any of your gates in the land the Lord your God is giving you, you must not be hardhearted or tightfisted toward your poor brother.
"If there is a poor person among you, one of your brothers within any of your gates in the land the Lord your God is giving you, you must not be hardhearted or tightfisted toward your poor brother. Instead, you are to open your hand to him and freely loan him enough for whatever need he has. read more. Be careful that there isn't this wicked thought in your heart, 'The seventh year, the year of canceling debts, is near,' and you are stingy toward your poor brother and give him [nothing]. He will cry out to the Lord against you, and you will be guilty. Give to him, and don't have a stingy heart when you give, and because of this the Lord your God will bless you in all your work and in everything you do. For there will never cease to be poor people in the land; that is why I am commanding you, 'You must willingly open your hand to your afflicted and poor brother in your land.'
who does not lend his money at interest or take a bribe against the innocent- the one who does these things will never be moved.
Whoever increases his wealth through excessive interest collects it for one who is kind to the poor.
He doesn't lend at interest or for profit but keeps his hand from wrongdoing and carries out true justice between men.
and lends at interest or for profit, will he live? He will not live! Since he has committed all these abominations, he will certainly die. His blood will be on him.
He keeps his hand from [harming] the poor, not taking interest or profit [on a loan]. He practices My ordinances and follows My statutes. Such a person will not die for his father's iniquity. He will certainly live.
People who [live] in you accept bribes in order to shed blood. You take interest and profit [on a loan] and brutally extort your neighbors. You have forgotten Me." [This is] the declaration of the Lord God .
Give to the one who asks you, and don't turn away from the one who wants to borrow from you.
Hastings
DEBT
1. In OT.
See Verses Found in Dictionary
"If you lend money to My people-to the poor person among you, you must not be like a moneylender to him; you must not charge him interest.
"Sow your land for six years and gather its produce.
Do not profit or take interest from him, but fear your God and let your brother live among you.
"Do not charge your brother interest on money, food, or anything that can earn interest
"When you make a loan of any kind to your neighbor, do not enter his house to collect what he offers as security.
The Lord will open for you His abundant storehouse, the sky, to give your land rain in its season and to bless all the work of your hands. You will lend to many nations, but you will not borrow.
He will lend to you, but you won't lend to him. He will be the head, and you will be the tail.
One of the wives of the sons of the prophets cried out to Elisha, "Your servant, my husband, has died. You know that your servant feared the Lord. Now the creditor is coming to take my two children as his slaves." Elisha asked her, "What can I do for you? Tell me, what do you have in the house?" She said, "Your servant has nothing in the house except a jar of oil." read more. Then he said, "Go and borrow empty containers from everyone-from all your neighbors. Do not get just a few. Then go in and shut the door behind you and your sons, and pour oil into all these containers. Set the full ones to one side." So she left. After she had shut the door behind her and her sons, they kept bringing her [containers], and she kept pouring. When they were full, she said to her son, "Bring me another container." But he replied, "There aren't any more." Then the oil stopped. She went and told the man of God, and he said, "Go sell the oil and pay your debt; you and your sons can live on the rest."
When the surrounding peoples bring merchandise or any kind of grain to sell on the Sabbath day, we will not buy from them on the Sabbath or a holy day. We will also leave [the land] uncultivated in the seventh year and will cancel every debt.
They drive away the donkeys [owned] by the fatherless and take the widow's ox as collateral.
who does not lend his money at interest or take a bribe against the innocent- the one who does these things will never be moved.
The wicked borrows and does not repay, but the righteous is gracious and giving.
The wicked borrows and does not repay, but the righteous is gracious and giving.
Kindness to the poor is a loan to the Lord, and He will give a reward to the lender.
The rich rule over the poor, and the borrower is a slave to the lender.
Whoever increases his wealth through excessive interest collects it for one who is kind to the poor.
people and priest alike, servant and master, female servant and mistress, buyer and seller, lender and borrower, creditor and debtor.
This is what the Lord says: Where is your mother's divorce certificate that I used to send her away? Or who were My creditors that I sold you to? Look, you were sold for your iniquities, and your mother was put away because of your transgressions.
Woe is me, my mother, that you gave birth to me, a man who incites dispute and conflict in all the land. I did not lend or borrow, yet everyone curses me.
And forgive us our debts, as we also have forgiven our debtors.
For this reason, the kingdom of heaven can be compared to a king who wanted to settle accounts with his slaves.
For this reason, the kingdom of heaven can be compared to a king who wanted to settle accounts with his slaves.
then you should have deposited my money with the bankers. And when I returned I would have received my money back with interest.
And if you lend to those from whom you expect to receive, what credit is that to you? Even sinners lend to sinners to be repaid in full. But love your enemies, do what is good, and lend, expecting nothing in return. Then your reward will be great, and you will be sons of the Most High. For He is gracious to the ungrateful and evil.
"So he summoned each one of his master's debtors. 'How much do you owe my master?' he asked the first one.
why didn't you put my money in the bank? And when I returned, I would have collected it with interest!'
He erased the certificate of debt, with its obligations, that was against us and opposed to us, and has taken it out of the way by nailing it to the cross.