Wednesday, February 10, 2010

During biblical times charging interest was prohibited. true or false?

';To a foreigner you may charge interest, but to your brother you shall not charge interest, that the LORD your God may bless you in all to which you set your hand in the land which you are entering to possess.';During biblical times charging interest was prohibited. true or false?
Jews regulated interest on other Jews but for others they were allowed to add whatever amount of interest. The early Christians did not allow the clergy to charge interest and the muslims are forbidden to charge interest according to the Qu'ranDuring biblical times charging interest was prohibited. true or false?
It was called usury, and yes, it was prohibited. Wouldn't it be nice if were still prohibited? Especially for MasterCharge with their 35% interest rate on unpaid balances.....
Jews were not to charge interest to other Jews.

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