Reference: Loans
American
Jehovah, as the sole proprietor of the land occupied by the Jews, required them, as one condition of its use, to grant liberal loans to their poor brethren; and every seven years, the outstanding loans were to become gifts, and could not be reclaimed. If a pledge was taken on making a loan, it must be done with mercy and under certain benevolent restrictions, Ex 22:25,27; De 15:1-11; 23:19-20; 24:6,10-13,17. The great truth so prominent in this and similar features of the Mosaic laws, ought to be restored to its fundamental place in our theories of property; and no one who believes in God should act as the owner, but only as the steward of what he possesses, all of which he is to use as required by its great Owner. In the same spirit, our Savior enjoins the duty of loaning freely, even to enemies, and without hope of reward, Lu 6:34-35.
See Verses Found in Dictionary
if thou lend money to my people, the poor with thee,thou shalt not be to him as a usurer: ye shall charge him no interest.
for that is his only covering, his garment for his skin: on what shall he lie down? And it shall come to pass, when he crieth unto me, that I will hear; for I am gracious.
At the end of seven years thou shalt make a release, and this is the manner of the release: Every creditor shall relax his hand from the loan which he hath lent unto his neighbour; he shall not demand it of his neighbour, or of his brother; for a release to Jehovah hath been proclaimed. read more. Of the foreigner thou mayest demand it; but what is thine with thy brother thy hand shall release; save when there shall be no one in need among you; for Jehovah will greatly bless thee in the land that Jehovah thy God giveth thee for an inheritance to possess it, if thou only diligently hearken unto the voice of Jehovah thy God, to take heed 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 on pledge to many nations, but thou shalt not borrow; and thou shalt rule over many nations, but they shall not rule over thee. If there be amongst you a poor man, any one of thy brethren in one of thy gates, in thy land which Jehovah thy God giveth thee, thou shalt not harden thy heart, nor shut thy hand from thy brother in need; but thou shalt open thy hand bountifully unto him, and shalt certainly lend him on pledge what is sufficient for his need, in that which he lacketh. Beware that there be not a wicked 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 givest him nought; and he cry against thee to Jehovah, and it be sin in thee. Thou shalt bountifully give unto him, and thy heart shall not be evil-disposed when thou givest unto him; because for this thing Jehovah thy God will bless thee in all thy works, and in all the business of thy hand. For the needy shall never cease from within the land; therefore I command thee, saying, Thou shalt open thy hand bountifully unto thy brother, to thy poor and to thy needy, in thy land.
Thou shalt take no interest of thy brother, interest of money, interest of victuals, interest of anything that can be lent upon interest: of a foreigner thou mayest take interest, but of thy brother thou shalt not take interest; that Jehovah thy God may bless thee in all the business of thy hand in the land whither thou goest to possess it.
No man shall take the hand-mill or the upper millstone in pledge; for it would be taking life in pledge.
When thou dost lend thy brother anything, thou shalt not go into his house to secure his pledge. Thou shalt stand outside, and the man to whom thou hast made a loan shall bring out the pledge to thee without. read more. And if the man be needy, thou shalt not lie down with his pledge; in any case thou shalt return him the pledge at the going down of the sun, that he may sleep in his own upper garment and bless thee; and it shall be righteousness unto thee before Jehovah thy God.
Thou shalt not pervert the judgment of the stranger, or of the fatherless; and thou shalt not take in pledge a widow's garment.
And if ye lend to those from whom ye hope to receive, what thank is it to you? for even sinners lend to sinners that they may receive the like. But love your enemies, and do good, and lend, hoping for nothing in return, and your reward shall be great, and ye shall be sons of the Highest; for he is good to the unthankful and wicked.