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 you lend money to one of My people who is poor beside you, you shall not be to him as a money-lender, neither shall you lay upon him interest.
For that is his covering only, it is his clothing for his skin. In what shall he sleep? And it will be, when he cries to Me, I will hear, for I am gracious.
At the end of every seven years you shall make a release. And this is the manner of the release. Every man who has a loan to his neighbor shall release it. He shall not exact it from his neighbor, or from his brother, because it is called Jehovah's release. read more. You may exact it from a foreigner, but your hand shall release that which is yours with your brother, except when there shall be no poor among you. For Jehovah shall greatly bless you in the land which Jehovah your God gives you for an inheritance to possess it, only if you carefully listen to the voice of Jehovah your God to be careful to do all these commandments which I command you today. For Jehovah your God blesses you as He promised you. And you shall lend to many nations, but you shall not borrow. And you shall reign over many nations, but they shall not reign over you. If there is among you a poor man of one of your brothers inside any of your gates in your land which Jehovah your God gives you, you shall not harden your heart nor shut your hand from your poor brother. But you shall open your hand wide to him, and shall surely lend him enough for his need, that which he lacks. Beware that there is not a thought in your wicked heart, saying, The seventh year, the year of release, is at hand, and your eye may be evil against your poor brother, and you give him nothing. And he may cry to Jehovah against you, and it is sin to you. You shall surely give to him, and your heart shall not be grieved when you give to him, because for this thing Jehovah your God shall bless you in all your works, and in all that you put your hand to. For the poor shall never cease out of the land. Therefore, I command you saying, You shall open your hand wide to your brother, to your poor, and to your needy, in your land.
You shall not lend for interest to your brother, interest of silver, interest of food, interest of anything that is loaned on interest. You may lend on interest to a stranger, but you shall not lend on interest to your brother, so that Jehovah your God may bless you in all that you set your hand to in the land where you go to possess it.
No man shall take the lower or the upper millstone to pledge, for he takes a man's life to pledge.
When you loan a loan of any kind to your brother, you shall not go into his house to bring forth his pledge. You shall stand outside, and the man to whom you loan shall bring the pledge outside to you. read more. And if the man is poor, you shall not sleep with his pledge. You shall certainly give back to him the pledge at sundown, that he may sleep in his own clothing, and bless you. And it shall be righteousness to you before Jehovah your God.
You shall not pervert the rightful judgment of the stranger nor of the fatherless; nor take a widow's clothing to pledge.
And if you lend to those of whom you hope to receive, what thanks do you have? For sinners also lend to sinners, to receive as much again. But love your enemies, and do good, and lend, hoping for nothing in return. And your reward shall be great, and you shall be the sons of the Highest. For He is kind to the unthankful and to the evil.