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Episode 524: Debt Forgiveness & Developing an Integrated Faith with Rich Villodas
The Holy Post
Is Usury Really Wrong?
There's a scriptural basis for saying that people should not pay interests on, especially on predatory loans. There was debates throughout the middle ages about what was a ok interest rate or not. Any one who requires a loan is in some kind of lack and needs something they can't provide for themselves. We want to recognize that they were young when they made a decision, and they wanted to do something good with their life,. And they shouldn't be exploited because, i mean, i know people who took out what seemed like reasonable loans, paid off the minimum every month, and now owe expinitaly more than they owed before.
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