3 Bible Verses about Creditors
Most Relevant Verses
Do not owe anything to anyone, except to love one another. For the person who loves others has fulfilled [the requirements of] the law.
Give to the person who asks you [for something], and do not refuse to lend to the person who wants to borrow something from you.
Then Jesus said to His disciples, "There was a certain rich man who had a property manager who was reported to be squandering his possessions. So, he called his property manager in and said to him, 'What is this that I hear about you? Turn in a [full] report of [all] your financial transactions, for you are not working for me anymore.' Then the property manager said to himself, What am I going to do since my master is taking away my job? I am not strong enough to dig [i.e., as a farm laborer], and I am too ashamed to beg.read more.
I know what I will do, so when I am fired they [i.e., his master's customers] will welcome me into their homes. So, he called on each one of his master's customers and said to the first one, 'How much do you owe my master?' And he replied, 'Eight hundred gallons of [olive] oil.' And he said to him, 'Take your contract and quickly sit down and write in four hundred [gallons].' Then he said to another [customer], 'And how much do you owe [him]?' And he answered, 'One thousand bushels of wheat.' The property manager said to him, 'Take your contract and write eight hundred [bushels].' So, his master commended the dishonest property manager for his shrewdness. For worldly people are more shrewd in dealing with their own kind than are the people of light [i.e., God's people].
From Thematic Bible
Creditors » Often cruel in exacting debts
But that [same] servant went out and found one of his fellow-servants who owed him a small sum of money [Note: The amount was about days of a farm laborer's pay or about $7,000 in 1994]. He grabbed him by the throat, saying, 'Pay [me] what you owe.' His fellow-servant fell [on the ground before him] and begged him, saying, '[Please] be patient with me and I will repay you [all I owe you].' But he would not do it. Instead, he took him and had him thrown into prison until he paid [him] all he owed.
Creditors » Illustrative of » God's claim upon men
"Therefore, the kingdom of heaven is similar to a certain king who decided to settle his account with his servants.
[In another case], come to terms with the person suing you as soon as possible, [even] on your way [to court], so he does not take you before the judge, and then the judge turn you over to the officer and you be sent to prison.
In the same way my heavenly Father will also deal with you [i.e., punish you] unless every one of you forgives his brother from the heart."
Creditors » Sometimes entirely remitted debts
And the master of that servant felt deep pity [for him], so released him [from custody] and canceled his debt.
When these two men did not have [the money] to repay him, the moneylender canceled [the debts of] both of them. Now which of them will love him more?"
Creditors » Often exacted debts » By selling the debtor's family
But since he did not have enough [money] to pay [what he owed], his master ordered that he, his wife, his children and all his possessions be sold [in order] to pay [his debt].
Creditors » Often exacted debts » From the sureties
Creditors » Prohibited from » Exacting usury from brethren
Creditors » Might demand » Security of others
Creditors » Often exacted debts » By imprisonment
[In another case], come to terms with the person suing you as soon as possible, [even] on your way [to court], so he does not take you before the judge, and then the judge turn you over to the officer and you be sent to prison.
His master then became furious and turned him over [to the authorities] to be punished until he paid all that he owed.
Creditors » Often exacted debts » By selling the debtor or taking him for a servant
But since he did not have enough [money] to pay [what he owed], his master ordered that he, his wife, his children and all his possessions be sold [in order] to pay [his debt].
Creditors » Were often defrauded
So, he called on each one of his master's customers and said to the first one, 'How much do you owe my master?' And he replied, 'Eight hundred gallons of [olive] oil.' And he said to him, 'Take your contract and quickly sit down and write in four hundred [gallons].' Then he said to another [customer], 'And how much do you owe [him]?' And he answered, 'One thousand bushels of wheat.' The property manager said to him, 'Take your contract and write eight hundred [bushels].'
Creditors » Might demand » Pledges
Creditors » Exacting debts from brethren during sabbatical year
Creditors » Prohibited from » Violently selecting pledges
Creditors » Might take interest from strangers
Creditors » Prohibited from » Taking millstones in pledge
Creditors » To return before sunset, garments taken in pledge
Creditors » Often exacted debts » By selling the debtor's property
But since he did not have enough [money] to pay [what he owed], his master ordered that he, his wife, his children and all his possessions be sold [in order] to pay [his debt].
Creditors » Illustrative of » The demands of the law
Yes, I declare to every person who attempts to require circumcision [as a means of gaining acceptance with God], that he must also obey everything else required by the law of Moses.
Creditors » Defined
But if he has done anything wrong to you, or owes you any [money], charge it to my account.
Creditors » Might demand » Mortgages on property
Creditors » Bills or promissory notes
And he replied, 'Eight hundred gallons of [olive] oil.' And he said to him, 'Take your contract and quickly sit down and write in four hundred [gallons].' Then he said to another [customer], 'And how much do you owe [him]?' And he answered, 'One thousand bushels of wheat.' The property manager said to him, 'Take your contract and write eight hundred [bushels].'