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 shall make a release. This is the way of the release: every creditor shall release that which he has lent to his neighbor; he shall not exact it of his neighbor and his brother; because Yahweh's release has been proclaimed. read more. Of a foreigner you may exact it: but whatever of your is with your brother your hand shall release. However there shall be no poor with you; (for Yahweh will surely bless you in the land which Yahweh your God gives you for an inheritance to possess it;) if only you diligently listen to the voice of Yahweh your God, to observe to do all this commandment which I command you this day. For Yahweh your God will bless you, as he promised you: and you shall lend to many nations, but you shall not borrow; and you shall rule over many nations, but they shall not rule over you. If a poor man, one of your brothers, is with you within any of your gates in your land which Yahweh your God gives you, you shall not harden your heart, nor shut your hand from your poor brother;
If a poor man, one of your brothers, is with you within any of your gates in your land which Yahweh your God gives you, you shall not harden your heart, nor shut your hand from your poor brother; but you shall surely open your hand to him, and shall surely lend him sufficient for his need [in that] which he wants. read more. Beware that there not be a base thought in your heart, saying, "The seventh year, the year of release, is at hand;" and your eye be evil against your poor brother, and you give him nothing; and he cry to Yahweh against you, and it be sin to you. You shall surely give him, and your heart shall not be grieved when you give to him; because that for this thing Yahweh your God will bless you in all your work, and in all that you put your hand to. For the poor will never cease out of the land: therefore I command you, saying, You shall surely open your hand to your brother, to your needy, and to your poor, in your land.
he who doesn't lend out his money for usury, nor take a bribe against the innocent. He who does these things shall never be shaken. A Poem by David.
All day long he deals graciously, and lends. His seed is blessed.
He who increases his wealth by excessive interest gathers it for one who has pity on the poor.
he who has not given forth on interest, neither has taken any increase, who has withdrawn his hand from iniquity, has executed true justice between man and man,
has given forth on interest, and has taken increase; shall he then live? he shall not live: he has done all these abominations; he shall surely die; his blood shall be on him.
who has withdrawn his hand from the poor, who has not received interest nor increase, has executed my ordinances, has walked in my statutes; he shall not die for the iniquity of his father, he shall surely live.
In you have they taken bribes to shed blood; you have taken interest and increase, and you have greedily gained of your neighbors by oppression, and have forgotten me, says the Lord Yahweh.
Give to him who asks you, and don't turn away him who desires to borrow from you.
Hastings
DEBT
1. In OT.
See Verses Found in Dictionary
"If you lend money to any of my people with you who is poor, you shall not be to him as a creditor; neither shall you charge him interest.
"For six years you shall sow your land, and shall gather in its increase,
Take no interest from him or profit, but fear your God; that your brother may live among you.
You shall not lend on interest to your brother; interest of money, interest of food, interest of anything that is lent on interest:
When you do lend your neighbor any kind of loan, you shall not go into his house to get his pledge.
Yahweh will open to you his good treasure in the sky, to give the rain of your land in its season, and to bless all the work of your hand: and you shall lend to many nations, and you shall not borrow.
He shall lend to you, and you shall not lend to him: he shall be the head, and you shall be the tail.
Now there cried a certain woman of the wives of the sons of the prophets to Elisha, saying, "Your servant my husband is dead. You know that your servant feared Yahweh. Now the creditor has come to take for himself my two children to be slaves." Elisha said to her, "What shall I do for you? Tell me: what do you have in the house?" She said, "Your handmaid has nothing in the house, except a pot of oil." read more. Then he said, "Go, borrow containers from of all your neighbors, even empty containers. Don't borrow just a few. You shall go in, and shut the door on you and on your sons, and pour out into all those containers; and you shall set aside that which is full." So she went from him, and shut the door on her and on her sons; they brought the containers to her, and she poured out. It happened, when the containers were full, that she said to her son, "Bring me another container." He said to her, "There isn't another container." The oil stopped flowing. Then she came and told the man of God. He said, "Go, sell the oil, and pay your debt; and you and your sons live on 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 donkey of the fatherless, and they take the widow's ox for a pledge.
he who doesn't lend out his money for usury, nor take a bribe against the innocent. He who does these things shall never be shaken. A Poem by David.
The wicked borrow, and don't pay back, but the righteous give generously.
The wicked borrow, and don't pay back, but the righteous give generously.
He who has pity on the poor lends to Yahweh; he will reward him.
The rich rule over the poor. The borrower is servant to the lender.
He who increases his wealth by excessive interest gathers it for one who has pity on the poor.
It will 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.
Thus says Yahweh, "Where is the bill of your mother's divorce, with which I have put her away? or which of my creditors is it to whom I have sold you? Behold, for your iniquities were you sold, and for your transgressions was your mother put away.
Woe is me, my mother, that you have 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] everyone of them does curse me.
Forgive us our debts, as we also forgive our debtors.
Therefore the Kingdom of Heaven is like a certain king, who wanted to reconcile accounts with his servants.
Therefore the Kingdom of Heaven is like a certain king, who wanted to reconcile accounts with his servants.
You ought therefore to have deposited my money with the bankers, and at my coming I should have received back my own with interest.
If you lend to those from whom you hope to receive, what credit is that to you? Even sinners lend to sinners, to receive back as much. But love your enemies, and do good, and lend, expecting nothing back; and your reward will be great, and you will be children of the Most High; for he is kind toward the unthankful and evil.
"A certain lender had two debtors. The one owed five hundred denarii, and the other fifty.
Calling each one of his lord's debtors to him, he said to the first, 'How much do you owe to my lord?'
Then why didn't you deposit my money in the bank, and at my coming, I might have earned interest on it?'
wiping out the handwriting in ordinances which was against us; and he has taken it out of the way, nailing it to the cross;