Parshat Mishpatim: What the Bible Says About Money Lending

Parshat Mishpatim: What the Bible Says About Money Lending

Laws of lending money to the poor as found in Exodus 22:25 state:  “If you lend money to my people, to the poor among you, do not act as a creditor.  You may not charge them interest.”

 

The video then asks “How is charging interest on a loan like a snake bite?”

For one thing, the word for interest in Hebrew sounds a lot like the word for snake-bite.

Secondly, Interest is like a tiny snake bite from which you may not recover. When someone who is poor has to pay back more than they borrowed, bit by bit the individual may never be able to come out of debt.

God who has been good to us, requires us to be good to others.

Written by Rina Goldhagen

 

Related Articles

More From Gelt

Ensuring Marital Bliss

After a century of marital bliss, the world's longest romance appears to be over for a pair of…
Ensuring Marital Bliss
Photo of Two Dollar Bills illustrating the article Don't Be Sorry, Save

Don't be Sorry, Save 2

For those caught in betrayal, the new trend is for them to appear on television and, as…
Don't be Sorry, Save 2

Oh No! It's Not Taxes Again!

Well, tax time is here again and it strikes fear in the hearts of many Americans.
Oh No! It's Not Taxes Again!
Love and Money Part 1: Photo of a roll of dollar bills, with bills of larger denominations fanned out beneath

Love and Money Part 1

We have heard Frank Sinatra croon this romantic ballad—“Love and marriage, love and marriage go…
Love and Money Part 1

Timing is Everything

A few years ago, a friend of mind retired after his retirement plan was fully vested.
Timing is Everything
Love and Money Part 2: Photo of briefcase filled with 100 bills, with some bills scattered around

Love and Money Part 2

In “Love and Money - Part One” we described the first three of the five financial…
Love and Money Part 2

Don’t Get Scammed

 It is unbelievable what some thieves are up to. We just have to chuckle at the number of…
Don’t Get Scammed

Don't be Sorry - Save

For those caught in betrayal, the new trend is for them to appear on television and, as…
Don't be Sorry - Save

Tender Loving Care of Life

Renowned business leader Peter Drucker said, “Nothing else distinguishes effective executives…
Tender Loving Care of Life

Go for the Goal

You and I have goals. We all have aspirations. Sticking to them is our quandary.
Go for the Goal

Are You Ready to be 100?

Increasingly, 100 year-olds are making the news.Two years ago Emma Hendrickson became the…
Are You Ready to be 100?

Don't Let Pleasure Make You Poor

The wise Jewish King Solomon offered some good counsel. “He who loves pleasure will be a poor…
Don't Let Pleasure Make You Poor

Lengthening the Life of Your Ride

In 1966, Irvin Gordon visited a Volvo showroom in Long Island, New York to test-drive a new car.
Lengthening the Life of Your Ride

Publish the Menu module to "offcanvas" position. Here you can publish other modules as well.
Learn More.


donation