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The Illustrated Bible Dictionary

DEBT The Mosaic

Easton’s Bible Dictionary (1897)

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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.

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