Debt
The Mosaic law encouraged the practice of lending (Deut. 15:7; Ps. 37:26; Matt. 5:42); but it forbade the exaction of interest except from foreigners. Usury was strongly condemned (Prov. 28:8; Ezek. 18:8, 13, 17; 22:12; Ps. 15:5). On the Sabbatical year all pecuniary obligations were cancelled (Deut. 15:1-11). These regulations prevented the accumulation of debt.
Passages cited in this entry
Deuteronomy 15:7 · Psalms 37:26 · Matthew 5:42 · Proverbs 28:8 · Ezekiel 18:8 · Psalms 15:5 · Deuteronomy 15:1
M. G. Easton, Illustrated Bible Dictionary, 3rd edition (1897). Public domain; text from the Christian Classics Ethereal Library. A nineteenth-century Protestant reference: its dates, archaeology and judgements reflect the scholarship of its time and are not Imago Dei's editorial position.