DID YOU KNOW THAT THE LORD PROHIBITS CHARGING INTEREST ON LOANS OR OTHERWISE TAKING ADVANTAGE OF SOMEONES MISFORTUNE? BY Deirdre April 11, 2014 Below is a list of scripture which prohibits profiting from the poor, followed by a definition of usury. Leviticus 25:35-37 ESV “If your brother becomes poor and cannot maintain himself with you, you shall support him as though he were a stranger and a sojourner, and he shall live with you. Take no interest from him or profit, but fear your God, that your brother may live beside you. You shall not lend him your money at interest, nor give him your food for profit. Luke 6:34-35 ESV And if you lend to those from whom you expect to receive, what credit is that to you? Even sinners lend to sinners, to get back the same amount. But love your enemies, and do good, and lend, expecting nothing in return, and your reward will be great, and you will be sons of the Most High, for he is kind to the ungrateful and the evil. Deuteronomy 23:19-20 “You shall not charge interest on loans to your brother, interest on money, interest on food, interest on anything that is lent for interest. You may charge a foreigner interest, but you may not charge your brother interest, that the Lord your God may bless you in all that you undertake in the land that you are entering to take possession of it. Proverbs 28:8 ESV Whoever multiplies his wealth by interest and profit gathers it for him who is generous to the poor. Exodus 22:25 ESV “If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him. Psalm 15:5 ESV Who does not put out his money at interest and does not take a bribe against the innocent. He who does these things shall never be moved. Romans 13:8 ESV Owe no one anything, except to love each other, for the one who loves another has fulfilled the law. Ezekiel 22:12 ESV In you they take bribes to shed blood; you take interest and profit and make gain of your neighbors by extortion; but me you have forgotten, declares the Lord God. DEFINITION OF USURY Usury (/ˈjuːʒəri/[1][2]) is the practice of making unethical or immoral monetary loans intended to unfairly enrich the lender. A loan may be considered usurious because of excessive or abusive interest rates or other factors, but according to some dictionaries, simply charging any interest at all can be considered usury.[3][4][5] Someone who charges usury can be called an usurer, but the more common term in English is loan shark. The term may be used in a moral sense—condemning taking advantage of others misfortunes—or in a legal sense where interest rates may be regulated by law. Historically, some cultures (e.g., Christianity in much of Medieval Europe, and Islam in many parts of the world today) have regarded charging any interest for loans as sinful.
Posted on: Fri, 11 Apr 2014 19:19:32 +0000
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