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.
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At the end of every seven years thou shalt make a release. And this is the manner of the release: everyone who has lent anything to his neighbour, causing him to be in debt, shall release it; he shall not exact it any more of his neighbour or of his brother, because the release of the LORD is proclaimed. read more. Of the foreigner thou shalt demand that it be repaid; but that which thy brother has of thine thy hand shall release, so that thus there shall be no poor among you, for the LORD shall greatly bless thee in the land which the LORD thy God gives thee for an inheritance to possess it; only if thou carefully hearken unto the voice of the LORD thy God, to keep and to do all these commandments which I command thee this day. For when the LORD thy God has blessed thee, as he promised thee, thou shalt lend unto many Gentiles, but thou shalt not borrow; and thou shalt rule over many Gentiles, but they shall not rule over thee. If there should be among you a poor man of one of thy brethren within any of thy towns in thy land which the LORD thy God gives thee, thou shalt not harden thine heart nor shut thine hand from thy poor brother,
If there should be among you a poor man of one of thy brethren within any of thy towns in thy land which the LORD thy God gives thee, thou shalt not harden thine heart nor shut thine hand from thy poor brother, but thou shalt open thine hand wide unto him and shalt surely lend him sufficient for his need, in that which he lacks. read more. Keep thyself that there not be a thought of Belial in thy heart, saying, The seventh year, the year of release, is at hand; and thine eye be evil against thy poor brother to give him nothing; for he shall cry unto the LORD against thee, and it shall be a sin unto thee. Thou shalt surely give unto him, and thine heart shall not be grieved when thou givest unto him because for this thing the LORD thy God shall bless thee in all thy works and in all that thou puttest thine hand to. For the poor shall never cease out of the land; therefore, I command thee, saying, Thou shalt open thine hand wide unto thy brother, to thy poor and to thy needy, in thy land.
He that does not put out his money to usury nor take a bribe against the innocent. He that does these things shall never be moved.
He is ever merciful and lends, and his seed is a blessing.
He that by usury and unjust gain increases his substance, he shall gather it for him that will pity the poor.
neither lends at interest, neither takes any increase, withdraws his hand from iniquity, executes true judgment between man and man,
gives forth upon usury and takes increase, shall he then live? He shall not live; he has done all these abominations; he shall surely die; his blood shall be upon him.
takes off his hand from oppressing the poor, does not receive usury nor increase, acts according to my rights, and walks in my statutes; he shall not die for the iniquity of his father; he shall surely live.
In thee they have taken bribes to shed blood; thou hast taken usury and increase, and thou hast greedily gained of thy neighbours by extortion and hast forgotten me, said the Lord GOD.
Give to him that asks of thee, and from him that would borrow of thee turn not thou away.
Hastings
DEBT
1. In OT.
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If thou should lend money to my people, to the poor who is with thee, thou shalt not be to him as a usurer, neither shalt thou lay upon him usury.
And six years thou shalt sow thy land and shalt gather in its increase,
Take thou no usury of him, or increase; but thou shalt have the fear of thy God, and thy brother shall live with thee.
Thou shalt not lend upon usury to thy brother, usury of money, usury of food, usury of any thing that is lent upon usury.
When thou dost lend thy brother any thing, thou shalt not go into his house to take his pledge.
The LORD shall open unto thee his good treasure, the heaven, to give the rain unto thy land in its season and to bless all the work of thine hand. And thou shalt lend unto many Gentiles, 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 a certain woman of the wives of the sons of the prophets cried unto Elisha, saying, Thy slave, my husband, is dead; and thou knowest that thy slave feared the LORD; and the creditor is come to take my two sons to be his slaves. And Elisha said unto her, What shall I do for thee? Tell me what thou hast in the house? And she said, Thy handmaid has nothing in the house except a flask of oil. read more. And he said, Go, borrow vessels from all thy neighbours, empty vessels; borrow not a few. Then enter in and shut the door upon thee and upon thy sons and pour out into all those vessels, and as each one is full, set it aside. So she went from him and shut the door upon her and upon her sons, who brought the vessels to her, and she poured out the oil. And when the vessels were full, she said unto her son, Bring me yet another vessel. And he said unto her, There are no more vessels. Then the oil stopped flowing. Then she came and told the man of God. And he said, Go, sell this oil and pay thy debtors and live thou and thy sons of the rest.
Likewise that if the peoples of the land bring merchandise or any food on the sabbath day to sell, that we would not take anything from them on the sabbath or on the holy day, and that we would leave the seventh year and remit every debt.
They drive away the ass of the fatherless; they take the widow's ox for a pledge.
He that does not put out his money to usury nor take a bribe against the innocent. He that does these things shall never be moved.
Lamed The wicked borrows and does not repay: but the righteous shows mercy and gives.
Lamed The wicked borrows and does not repay: but the righteous shows mercy and gives.
He that gives unto the poor lends unto the LORD, and he will give him his reward.
The rich rules over the poor, and the borrower is slave to the lender.
He that by usury and unjust gain increases his substance, he shall gather it for him that will pity the poor.
And it shall be, as with the people so with the priest; as with the slave so with his master; as with the maid so with her mistress; as with the buyer so with the seller; as with the lender so with the borrower; as with the taker of usury so with the giver of usury to him.
Thus saith the LORD, Where is the bill of your mother's divorce, whom I have put away? or which of my creditors is it to whom I have sold you? Behold, for your iniquities ye are sold, and for your rebellions 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 neither lent on usury, nor men have lent to me on usury; yet every one of them curses me.
And set us free from our debts, as we set free our debtors.
Therefore is the kingdom of the heavens likened unto a man who is king who would take account of his slaves.
Therefore is the kingdom of the heavens likened unto a man who is king who would take account of his slaves.
therefore, it was expedient for thee to have put my money to the bankers, and then at my coming I should have received mine own with interest.
And if ye lend to those of whom ye hope to receive, what grace shall ye have? for sinners also lend to sinners to receive as much again. But rather love ye your enemies and do good and lend, hoping for nothing again, and your reward shall be great; and ye shall be the sons of the Most High, for he is kind even unto the unthankful and to the evil.
There was a certain creditor who had two debtors: the one owed five hundred denarius, and the other fifty.
So he called each one of his lord's debtors unto him and said unto the first, How much dost thou owe unto my lord?
why then didst thou not give my money into the bank, that at my coming I might have required my own with interest?
blotting out the bill of the decrees that was against us, which was contrary to us and took it out of the way, nailing it to his cross ,