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Debt

Debt

 

“If you lend money to any of my people with you who is poor, you shall not be to him as a creditor. You shall not charge him interest. If you take your neighbor’s garment as collateral, you shall restore it to him before the sun goes down, for that is his only covering, it is his garment for his skin. What would he sleep in? It will happen, when he cries to me, that I will hear, for I am gracious.

  • Exodus 22:25-27

 

“‘If your brother has become poor, and his hand can’t support himself among you, then you shall uphold him. He shall live with you like an alien and a temporary resident. Take no interest from him or profit; but fear your God, that your brother may live among you. You shall not lend him your money at interest, nor give him your food for profit.

  • Leviticus 25:35-37

 

At the end of every seven years, you shall cancel debts. This is the way it shall be done: every creditor shall release that which he has lent to his neighbor. He shall not require payment from his neighbor and his brother, because the LORD’s release has been proclaimed. Of a foreigner you may require it; but whatever of yours is with your brother, your hand shall release.

  • Deuteronomy 15:1-3

 

For the LORD your God will bless you, as he promised you. You will lend to many nations, but you will not borrow. You will rule over many nations, but they will not rule over you. If a poor man, one of your brothers, is with you within any of your gates in your land which the LORD your God gives you, you shall not harden your heart, nor shut your hand from your poor brother; but you shall surely open your hand to him, and shall surely lend him sufficient for his need, which he lacks.

  • Deuteronomy 15:6-8

 

You shall not lend on interest to your brother: interest of money, interest of food, interest of anything that is lent on interest. You may charge a foreigner interest; but you shall not charge your brother interest, that the LORD your God may bless you in all that you put your hand to, in the land where you go in to possess it.

  • Deuteronomy 23:19-20

 

The LORD will open to you his good treasure in the sky, to give the rain of your land in its season, and to bless all the work of your hand. You will lend to many nations, and you will not borrow.

  • Deuteronomy 28:12

 

The foreigner who is among you will mount up above you higher and higher, and you will come down lower and lower. He will lend to you, and you won’t lend to him. He will be the head, and you will be the tail. All these curses will come on you, and will pursue you and overtake you, until you are destroyed, because you didn’t listen to the LORD your God’s voice, to keep his commandments and his statutes which he commanded you.

  • Deuteronomy 28:43-45

 

Now a certain woman of the wives of the sons of the prophets cried out to Elisha, saying, “Your servant my husband is dead. You know that your servant feared the LORD. Now the creditor has come to take for himself my two children to be slaves.” Elisha said to her, “What should I do for you? Tell me, what do you have in the house?” She said, “Your servant has nothing in the house, except a pot of oil.” Then he said, “Go, borrow empty containers from all your neighbors. Don’t borrow just a few containers. Go in and shut the door on you and on your sons, and pour oil into all those containers; and set aside those which are full.” So she went from him, and shut the door on herself and on her sons. They brought the containers to her, and she poured oil. When the containers were full, she said to her son, “Bring me another container.” He said to her, “There isn’t another container.” Then the oil stopped flowing. Then she came and told the man of God. He said, “Go, sell the oil, and pay your debt; and you and your sons live on the rest.”

  • 2 Kings 4:1-7

 

Then there arose a great cry of the people and of their wives against their brothers the Jews. For there were some who said, “We, our sons and our daughters, are many. Let us get grain, that we may eat and live.” There were also some who said, “We are mortgaging our fields, our vineyards, and our houses. Let us get grain, because of the famine.” There were also some who said, “We have borrowed money for the king’s tribute using our fields and our vineyards as collateral. Yet now our flesh is as the flesh of our brothers, our children as their children. Behold, we bring our sons and our daughters into bondage to be servants, and some of our daughters have been brought into bondage. It is also not in our power to help it, because other men have our fields and our vineyards.”

  • Nehemiah 5:1-5

 

I likewise, my brothers and my servants, lend them money and grain. Please let us stop this usury. Please restore to them, even today, their fields, their vineyards, their olive groves, and their houses, also the hundredth part of the money, and of the grain, the new wine, and the oil, that you are charging them.” Then they said, “We will restore them, and will require nothing of them. We will do so, even as you say.” Then I called the priests, and took an oath of them, that they would do according to this promise. Also I shook out my lap, and said, “So may God shake out every man from his house, and from his labor, that doesn’t perform this promise; even may he be shaken out and emptied like this.” All the assembly said, “Amen,” and praised the LORD. The people did according to this promise.

  • Nehemiah 5:10-13

 

The wicked borrow, and don’t pay back, but the righteous give generously.

  • Psalm 37:21

 

My son, if you have become collateral for your neighbor, if you have struck your hands in pledge for a stranger, you are trapped by the words of your mouth; you are ensnared with the words of your mouth. Do this now, my son, and deliver yourself, since you have come into the hand of your neighbor. Go, humble yourself. Press your plea with your neighbor. Give no sleep to your eyes, nor slumber to your eyelids. Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.

  • Proverbs 6:1-5

 

He who is collateral for a stranger will suffer for it, but he who refuses pledges of collateral is secure.

  • Proverbs 11:15

 

A man void of understanding strikes hands, and becomes collateral in the presence of his neighbor.

  • Proverbs 17:18

 

The rich rule over the poor. The borrower is servant to the lender.

  • Proverbs 22:7

 

Don’t you be one of those who strike hands, of those who are collateral for debts. If you don’t have means to pay, why should he take away your bed from under you?

  • Proverbs 22:26-27

 

He who increases his wealth by excessive interest gathers it for one who has pity on the poor.

  • Proverbs 28:8

 

When you vow a vow to God, don’t defer to pay it; for he has no pleasure in fools. Pay that which you vow. It is better that you should not vow, than that you should vow and not pay.

  • Ecclesiastes 5:4-5

 

Give to him who asks you, and don’t turn away him who desires to borrow from you.

  • Matthew 5:42

 

Forgive us our debts, as we also forgive our debtors.

  • Matthew 6:12

 

Therefore the Kingdom of Heaven is like a certain king who wanted to settle accounts with his servants. When he had begun to settle, one was brought to him who owed him ten thousand talents. But because he couldn’t pay, his lord commanded him to be sold, with his wife, his children, and all that he had, and payment to be made. The servant therefore fell down and knelt before him, saying, ‘Lord, have patience with me, and I will repay you all!’ The lord of that servant, being moved with compassion, released him and forgave him the debt. “But that servant went out and found one of his fellow servants who owed him one hundred denarii, and he grabbed him and took him by the throat, saying, ‘Pay me what you owe!’ “So his fellow servant fell down at his feet and begged him, saying, ‘Have patience with me, and I will repay you!’ He would not, but went and cast him into prison until he should pay back that which was due. So when his fellow servants saw what was done, they were exceedingly sorry, and came and told their lord all that was done. Then his lord called him in and said to him, ‘You wicked servant! I forgave you all that debt because you begged me. Shouldn’t you also have had mercy on your fellow servant, even as I had mercy on you?’ His lord was angry, and delivered him to the tormentors until he should pay all that was due to him. So my heavenly Father will also do to you, if you don’t each forgive your brother from your hearts for his misdeeds.”

  • Matthew 18:23-35

 

If you lend to those from whom you hope to receive, what credit is that to you? Even sinners lend to sinners, to receive back as much. But love your enemies, and do good, and lend, expecting nothing back; and your reward will be great, and you will be children of the Most High; for he is kind toward the unthankful and evil.

  • Luke 6:34-35

 

Therefore give everyone what you owe: if you owe taxes, pay taxes; if customs, then customs; if respect, then respect; if honor, then honor. Owe no one anything, except to love one another; for he who loves his neighbor has fulfilled the law.

  • Romans 13:7-8