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 seven years thou shalt make a free year. And this is the manner of the free year: whosoever lendeth ought with his hand unto his neighbour, may not ask again that which he hath lent, of his neighbour or of his brother: because it is called the LORD's free year, read more. yet of a stranger thou mayest call it home again. But that which thou hast with thy brother thine hand shall remit, and that in any wise, that there be no beggar among you. For the LORD shall bless the land which the LORD thy God giveth thee, an inheritance, to possess it: so that thou hearken unto the voice of the LORD thy God, to observe and do all these commandments which I command you this day. Yea, and then the LORD thy God shall bless thee as he hath promised thee, and thou shalt lend unto many nations, and shalt borrow of no man, and shalt reign over many nations, but none shall reign over thee. When one of thy brethren among you is waxed poor in any of thy cities within thy land which the LORD thy God giveth thee, see that thou harden not thine heart nor shut to thine hand from thy poor brother:
When one of thy brethren among you is waxed poor in any of thy cities within thy land which the LORD thy God giveth thee, see that thou harden not thine heart nor shut to thine hand from thy poor brother: But open thine hand unto him and lend him sufficient for his need which he hath. read more. And beware that there be not a point of Belial in thine heart, that thou wouldest say, 'The seventh year, the year of freedom is at hand,' and therefore it grieve thee to look on thy poor brother and givest him nought and he then cry unto the LORD against thee and it be sin unto thee. But give him, and let it not grieve thine heart to give. Because that for that thing, the LORD thy God shall bless thee in all thy works and in all that thou puttest thine hand to. For the land shall never be without poor. Wherefore I command thee, saying, 'Open thine hand unto thy brother that is needy and poor in thy land.'
He that hath not given his money upon usury, nor taken reward against the innocent. Whoso doeth these things shall never fall.
The righteous is ever merciful, and lendeth gently; therefore shall his seed be blessed.
Whoso increaseth his riches by vantage and winning, let him gather them to help the poor withal.
he lendeth nothing upon usury; he taketh nothing over; he withdraweth his hand from doing wrong; he handleth faithfully betwixt man and man;
he lendeth upon usury, and taketh moreover. Shall this man live? He shall not live. Seeing he hath done all these abominations, he shall die: his blood shall be upon him.
he opresseth not the poor; he receiveth no usury, nor anything over; he keepeth my laws, and walketh in my commandments: this man shall not die in his father's sin, but shall live without fail.
Yea, gifts have been received in thee to shed blood. Thou hast taken usury and increase, thou hast oppressed thy neighbours by extortion, and forgotten me, sayeth the LORD God.
Give to him that asketh, and from him that would borrow, turn not away.
Hastings
DEBT
1. In OT.
See Verses Found in Dictionary
If thou lend money to any of my people that is poor by thee, thou shalt not be as an usurer unto him, neither shalt oppress him with usury.
"Six years thou shalt sow thy land and gather in the fruits thereof:
And thou shalt take none usury of him, nor yet vantage. But shalt fear thy God, that thy brother may live with thee.
Thou shalt be no usurer unto thy brother, neither in money nor in food, nor in any manner thing that is lent upon usury.
If thou lend thy brother any manner succour, thou shalt not go into his house to fetch a pledge:
"The LORD shall open unto thee his good treasure, even the heaven, to give rain unto thy land in due season and to bless all the labours of thine hand. And thou shalt lend unto many nations, but shalt not need to borrow thyself.
He shall lend thee and thou shalt not lend him, he shall be before and thou behind.
And there cried a certain woman of the wives of the children of the prophets unto Elisha, saying, "Thy servant my husband is dead, and thou knowest that thy servant did fear the LORD. And the creditor is come to fetch my two sons, to be his bondmen." And Elisha said to her, "What shall I do for thee? Tell me, what hast thou in thine house?" And she said, thy handmaid hath nothing at all in her house, save a pitcher with oil. read more. And he said, "Go and borrow thee in other places, of all thy neighbours, empty vessels - and that not a few. And then go and shut the door to thee and to thy sons, and pour out into all those vessels, and put the full always aside." And she went from him, and shut the door to her and her sons. And they brought to her, and she poured out. And when the vessels were full, she said to her son, "Bring yet a vessel." And he said, "There is no more." And then the oil ceased. Then she came and told the man of God. And he said, "Go and sell the oil and pay thy creditor. And live, thou and thy children, off the rest."
And if the people of the land brought wares on the Sabbath, and all manner of victuals to sell, that we would not take it of them on the Sabbath and on the holy days. And that we would let the seventh year be free concerning all manner of charge.
that drive away the ass of the fatherless; that take the widow's ox for a pledge;
He that hath not given his money upon usury, nor taken reward against the innocent. Whoso doeth these things shall never fall.
The ungodly borroweth, and payeth not again, but the righteous is merciful and liberal.
The ungodly borroweth, and payeth not again, but the righteous is merciful and liberal.
He that hath pity upon the poor, lendeth unto the LORD; and look, what he layeth out, it shall be paid him again.
The rich ruleth the poor; and the borrower is servant to the lender.
Whoso increaseth his riches by vantage and winning, let him gather them to help the poor withal.
Then shall the priest be as the people, the master as the servant, the dame like the maid, the seller like the buyer, he that lendeth upon usury, like him that borroweth upon usury, the creditor as the debtor.
Thus sayeth the LORD: Where is the bill of your mother's divorcement, that I sent unto her? Or who is the usurer, to whom I sold you? Behold, for your own offenses are ye sold: and because of your transgression, is your mother forsaken.
O mother, alas that ever thou didst bear me, an enemy and hated of the whole land: Though I never lent nor received upon usury, yet all men speak evil upon me.
And forgive us our trespasses, even as we forgive our trespassers.
Therefore is the kingdom of heaven likened unto a certain King, which would take accounts of his servants.
Therefore is the kingdom of heaven likened unto a certain King, which would take accounts of his servants.
Thou oughtest therefore to have had my money to the changers, and then at my coming should I have received my mine own with vantage.
If ye lend to them of whom ye hope to receive: what thank shall ye have: for the very sinners, lend to sinners, to receive as much again. Wherefore, love ye your enemies, do good, and lend, looking for nothing again: and your reward shall be great, and ye shall be the children of the highest: for he is kind unto the unkind, and to the evil.
"There was a certain lender, which had two debtors, the one ought five hundred pence, and the other fifty.
Then called he all his master's debtors, and said unto the first, 'How much owest thou unto my master?'
Wherefore then gavest not thou my money into the bank? That at my coming should I might have required mine own, with vantage.'
and hath put out the handwriting that was against us, contained in the law written, and that hath he taken out of the way, and hath fastened it to his cross,