13 Bible Verses about Creditors
Most Relevant Verses
When you lend money to any of my people who are poor, do not act like a moneylender and require him to pay interest.
Even I and my servants have been collecting interest (Usury) for the money and the grain we have let them have. So now, let us give this up. Give back to them this very day their fields, their vine-gardens, their olive-gardens, and their houses, as well as a hundredth part of the money and the grain and the wine and the oil that you have taken from them. They said: We will give them back, and take nothing for them. We will do as you say. Then I sent for the priests and made them take an oath that they would keep this agreement.
Owe no man any thing but to love one another. He that loves another has fulfilled (obeyed) the law.
When you lend money to any of my people who are poor, do not act like a moneylender and require him to pay interest. If you take someone's cloak as a pledge that he will pay you, you must give it back to him before the sunsets, for it is the only covering he has to keep him warm. What else can he sleep in? When he cries out to me for help, I will answer him because I am merciful.
Be generous to these poor people. Freely lend them as much as they need. Never be hardhearted and stingy with them.
Do not charge interest to your brothers, interest on money, food, anything that may be loaned at interest. You may charge interest to a foreigner, but to your brother (countrymen) you shall not charge interest. That way Jehovah your God will bless you in all that you undertake in the land you are about to possess.
Do not take a hand mill or an upper millstone as security for a debt. That would be taking away a man's livelihood.
The widow of a member of a group of prophets said to Elisha: My husband has died! As you know, he was a man who respected God. A man to whom he owed money came to take away my two sons as slaves in payment for my husband's debt.
The rich rules over the poor, and the borrower is servant to the lender.
He who becomes wealthy through unfair loans and interest collects them for the one who pitys the poor.
Jesus told his disciples: There was a rich man who had a servant who managed his property. The rich man learned that the manager was accused of wasting his master's money. He said: 'Is it true what I hear about you? Give me a complete accounting of your management of my property for you may not be my manager any longer.' The servant thought: 'I am fired from my job. What shall I do? I am not strong enough for heavy work and I am ashamed to beg.read more.
I know what I will do when my job is gone. My friends will welcome me in their homes.' He called all the people who were in debt to his master. He asked the first one: 'How much do you owe my master?' One hundred barrels of olive oil,' he said. 'Here is your bill,' he told him; 'settle for fifty.' He asked another: 'How much do you owe?' 'A thousand bushels of wheat,' he answered. 'Here is your bill. Pay eight hundred bushels.' The master of the dishonest manager praised him for doing a shrewd thing. People of this world are more astute at handling their affairs than people who belong to the light.
From Thematic Bible
Creditors » Often cruel in exacting debts
After giving it much thought, I made a protest to the chiefs and the rulers, and said to them: Everyone of you is collecting interest from his brothers. I organized a big meeting of protest. I said to them: We have given whatever we were able to give, to make our brothers the Jews free. They were servants and prisoners of the nations. Would you now give up your brothers for a price? Are they to become our property? They said nothing. They answered not a word! I said: What you are doing is not good. Is it not necessary for you to walk out of respect for our God, because of the shame the nations put on us?
They drive away the donkey of the orphan. They take the widow's ox for a pledge. They force the needy to yield the road. The poor of the earth all hide themselves. Like wild donkeys in the desert they go out to their toil. They search in the wasteland food for their young. read more.
They reap in a field not their own and they glean in the vineyard of the wicked. They lie all night naked, without clothing, and have no covering in the cold. They are wet with the rain of the mountains. They cling to the rock in search of shelter. There are those who snatch the orphan child from the breast. They take as a pledge the infant of the poor.
Then that servant met another servant who was in debt to him for one hundred denarii. He took him by the throat, saying, 'Pay your debt now.' That servant fell down before him, saying, 'Give me time and I will make payment to you.' He would not give him time. He put him into prison till he paid the debt.
Creditors » Illustrative of » God's claim upon men
Come to an agreement quickly with the one who has a legal case against you. Do it before he turns the case over to the judge and you are thrown into jail.
My heavenly Father will treat you like that if you do not forgive your brother from your heart.
Creditors » Sometimes entirely remitted debts
Even I and my servants have been collecting interest (Usury) for the money and the grain we have let them have. So now, let us give this up. Give back to them this very day their fields, their vine-gardens, their olive-gardens, and their houses, as well as a hundredth part of the money and the grain and the wine and the oil that you have taken from them. They said: We will give them back, and take nothing for them. We will do as you say. Then I sent for the priests and made them take an oath that they would keep this agreement.
They did not have money to pay the debt so he forgave them both. Which of them did he love the most?
Creditors » Often exacted debts » By selling the debtor's family
The widow of a member of a group of prophets said to Elisha: My husband has died! As you know, he was a man who respected God. A man to whom he owed money came to take away my two sons as slaves in payment for my husband's debt.
There are those who snatch the orphan child from the breast. They take as a pledge the infant of the poor.
He was not able to make payment. So his lord gave orders for him to be sold. His wife, sons, and daughters were all to be sold along with every possession. The money would be used for payment of what he owed.
Creditors » Often exacted debts » From the sureties
Do not give pledges and be guarantors for debts. If you have nothing to pay, why should he take away your bed from under you?
Creditors » Prohibited from » Exacting usury from brethren
When you lend money to any of my people who are poor, do not act like a moneylender and require him to pay interest.
Do not collect interest or make any profit from him. Respect your God by respecting other Israelites' lives. Do not collect any interest on your money or on the food you give them.
Creditors » Might demand » Security of others
My son, if you serve as surety for your friend and you give your pledge to him,
Creditors » Often exacted debts » By imprisonment
Come to an agreement quickly with the one who has a legal case against you. Do it before he turns the case over to the judge and you are thrown into jail.
His lord was angry and sent him to jail to be punished until he paid back all of his debt.
Creditors » Often exacted debts » By selling the debtor or taking him for a servant
He was not able to make payment. So his lord gave orders for him to be sold. His wife, sons, and daughters were all to be sold along with every possession. The money would be used for payment of what he owed.
When you buy a Hebrew slave he will be your slave for six years. In the seventh year he may leave as a free man without paying for his freedom.
Creditors » Were often defrauded
A lot of other people joined him too. Some were in trouble. Others were angry or in debt. David was soon the leader of four hundred men.
He called all the people who were in debt to his master. He asked the first one: 'How much do you owe my master?' One hundred barrels of olive oil,' he said. 'Here is your bill,' he told him; 'settle for fifty.' He asked another: 'How much do you owe?' 'A thousand bushels of wheat,' he answered. 'Here is your bill. Pay eight hundred bushels.'
Creditors » Might demand » Pledges
When you make your neighbor a loan of any sort do not go into his house and repossess the security. Remain outside, and the man to whom you make the loan must bring the pledged security out to you.
Creditors » Exacting debts from brethren during sabbatical year
This is how you should release. Every man who has a loan to his neighbor shall release it. He shall not require it from his neighbor, or from his brother, because it is called Jehovah's release. You may collect from a foreigner, but your hand should release that debt which is yours with your brother.
Creditors » Prohibited from » Violently selecting pledges
When you make your neighbor a loan of any sort do not go into his house and repossess the security.
Creditors » Might take interest from strangers
You may charge interest to a foreigner, but to your brother (countrymen) you shall not charge interest. That way Jehovah your God will bless you in all that you undertake in the land you are about to possess.
Creditors » Prohibited from » Taking millstones in pledge
Do not take a hand mill or an upper millstone as security for a debt. That would be taking away a man's livelihood.
Creditors » To return before sunset, garments taken in pledge
If you take someone's cloak as a pledge that he will pay you, you must give it back to him before the sunsets, for it is the only covering he has to keep him warm. What else can he sleep in? When he cries out to me for help, I will answer him because I am merciful.
Creditors » Often exacted debts » By selling the debtor's property
He was not able to make payment. So his lord gave orders for him to be sold. His wife, sons, and daughters were all to be sold along with every possession. The money would be used for payment of what he owed.
Creditors » Illustrative of » The demands of the law
Yes, I testify again to every man who receives circumcision. He is under obligation to obey the whole Law.
Creditors » Defined
But if he has wronged you and owes you anything at all, charge this to me.
Creditors » Might demand » Mortgages on property
There were some who said: We are giving our fields and our vine-gardens and our houses for debt. Let us get grain because we are in need.
Creditors » Bills or promissory notes
One hundred barrels of olive oil,' he said. 'Here is your bill,' he told him; 'settle for fifty.' He asked another: 'How much do you owe?' 'A thousand bushels of wheat,' he answered. 'Here is your bill. Pay eight hundred bushels.'