“If you lend silver to my people, to the poor person among you, you must not be like a creditor to him; you must not charge him interest. If you ever take your neighbor’s cloak as collateral, return it to him before sunset. For it is his only covering; it is the clothing for his body. What will he sleep in? And if he cries out to me, I will listen because I am gracious.” (CSB – Read the chapter)
A huge portion of our economy is built on interest. Everybody changes interest for everything. The only reason a business might not charge interest is if they are running a special sale in hopes that enough extra people will buy something to make up for the interest they are losing from a small number buying. The practice of charging interest on loans has been around for a long time. For much of that, though, one group of people in particular considered it a bad thing. This verse has a whole lot to do with why. Let’s think through what we see here, what it means, and what we should do with it today.
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