The Mosaic law encouraged the practice of lending ( Deuteronomy 15:7 ; Psalm 37:26 ; Matthew 5:42 ); but it forbade the exaction of interest except from foreigners. Usury was strongly condemned ( Proverbs 28:8 ; Ezekiel 18:8,13,17 ; 22:12 ; Psalm 15:5 ). On the Sabbatical year all pecuniary obligations were cancelled ( Deuteronomy 15:1-11 ). These regulations prevented the accumulation of debt.
Source
- part_of
source-manifest/easton— Easton's Bible Dictionary (PD)