(Introduction.)
Today: Savings and loans
526. “If you lend money to my people, to the poor among you…” (Exodus 22:24) = lend to poor people
527. “…do not act toward them as a creditor.” (Exodus 22:24) = don’t demand payment from someone who can’t pay
528. “You may dun the foreigner.” (Deuteronomy 15:3) = however, it’s ok to demand payment from outsiders
529. “When you make a loan of any sort to your countryman, you mut not enter his house to seize his pledge.” (Deuteronomy 24:10) = a creditor may not collect collateral by force
530. “You must return his pledge to him at sunset, that he may sleep in his cloth.” (Deuteronomy 24:13) = a creditor must return the collateral at times when the debtor needs it
531. “If he is a needy man, you shall not go to sleep in his pledge.” (Deuteronomy 24:12) = a creditor may not hold onto the collateral at times when the debtor needs it
532. “You shall not take a widow’s garment in pawn.” (Deuteronomy 24:17)
533. “A handmill or an upper millstone shall not be taken in pawn, for that would be taking someone’s life in pawn.” (Deuteronomy 24:6) = a creditor may not take implements necessary for sustenance
534. “Do not lend [your fellow] your money at advance interest.” (Leviticus 25:37)
535. “You shall not deduct interest from loans to your fellow, whether in money or food or anything else that can be deducted as interest.” (Deuteronomy 23:20) = don’t borrow at interest
536. “Exact no interest from them.” (Exodus 22:24) = don’t be involved in any way in the charging of interest, as a borrower, lender, witness, guarantor, or contract writer
537. “You may deduct interest from loans to foreigners.” (Deuteronomy 23:21) = both as a borrower and as a lender
538. “In all charges of misappropriation — pertaining to an ox, an ass, a sheep, a garment, or any other loss, where one party alleges ‘This is it’ — the case of both parties shall come before God; the one whom God declares guilty shall pay double to the other.” (Exodus 22:8)
539. The laws of inheritance (Numbers 27:8-11)
540. “You shall appoint judges and officials for your tribes.” (Deuteronomy 16:18)