QUOTE(hambaallah @ Jan 8 2016, 02:40 AM)
hi. what is christianity stand on usury?
why i dont see much effort on christian side on objecting/fighting usury?
n personally are u urself involved in paying or receiving interest?
Hey hambaallah,
Firstly, the
archaic meaning for usury is "a high amount of interest, an unconscionable or exorbitant rate or amount of interest". So, there is an important distinction as some translations places "interest" in the place of "usury" which can be confusing and misleading.
Then, your question, is there a stand on it? I will put it this way:
Most Christians (including me in the past) and especially non-Christian tends to approach the Bible in a natural and religious way. They expected the text to tell them whether a thing is right to do or not. They are concerned with these questions most of the time while missing the "bigger" picture.
Rather, behind the text is a window to the Author, the Person, His intention, His heart, His desire, His purpose and plan with regards to man.
For example:
QUOTE
Exodus 22:21 says, “Thou shalt neither vex a stranger, nor oppress him: for ye were strangers in the land of Egypt.” In verses 22 through 24 there is an ordinance concerning widows and orphans. Verse 22 says, “Ye shall not afflict any widow, or fatherless child.” According to 22:25-27, an Israelite was not to be a usurer with respect to the poor. Verse 25 says, “If thou lend money to any of my people that is poor by thee, thou shalt not be to him as a usurer, neither shalt thou lay upon him usury.”
All these ordinances are filled with sweetness. The spirit behind it is tender and touching, full of care for strangers, widows, orphans, and the poor. Exodus 23:9 says concerning strangers, “Also thou shalt not oppress a stranger: for ye know the heart of a stranger, seeing ye were strangers in the land of Egypt.” If I had been a stranger among the children of Israel, I would have been deeply touched by such an ordinance. I may have wept out of the sense of sweetness and tenderness pervading God's law. A stranger may have said, “Even though I am far from my native land and am a stranger among these people, there is even an ordinance which cares for me. How sweet!”
Again this is happening in Ancient Near East where human lives don't meant much especially those in these categories: widows, orphans, poor and strangers.
Another example:
QUOTE
9 Also I said, It is not good that ye do: ought ye not to walk in the fear of our God because of the reproach of the heathen our enemies?
10 I likewise, and my brethren, and my servants, might exact of them money and corn: I pray you, let us leave off this usury.
Nehemiah, ordered by the king of Persia, went back to Jerusalem to govern the people of Israel, and he encouraged the returned ones to continue and to complete the rebuilding of the walls of Jerusalem, that they may no longer be a reproach.
Because the nobles and the rulers of Israel exacted usury from the people, the people were poverty-stricken and there was a great cry among them. So Nehemiah rebuked the nobles and the rulers, urging them to redeem their brothers and stop the usury (Neh. 5:1-11).
Not only did Nehemiah demand that they stop charging interest, but also that he give back their collateral--and with no mention of being repaid. The people's response is (verse 12) "And we will not demand anything more from them." This also seems to indicate that they did not demand repayment of their loans.
I hope it is apparent that this is not the intention of the story,
but rather the intention is not to take advantage of people in need. It is not the act.
The final example I am going to use is Luke 19:
In Luke 19 there is another story of the Lord’s contact with a great sinner, Zaccheus, who was an evil chief tax collector (v. 2). He extorted the people by putting an excessive value on property or income, or increasing the tax of those unable to pay, and would then practice usury. The Lord paid a visit to his city purposely to meet him. Right after he received the Lord, he said to Him, “Behold, the half of my possessions, Lord, I give to the poor, and if I have taken anything from anyone by false accusation, I restore four times as much” (v. 8).
This is the fast issue of the Lord’s dynamic salvation. So the Lord said, “Today salvation has come to this house” (v. 9). This salvation was to save one of God’s chosen people who fell into sin to such an extent that he extorted his own people by being a tax collector of the Roman imperialism, showing the powerful, dynamic, salvation, a salvation with an endless power.
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Sorry, lest, I am being long-winded with these examples, my goal is to show it is never a matter of right or wrong, do this or that but
rather the inward condition of man meeting God's inward being in His salvation.So, we don't ask questions like it is right or not to lend with interest (and it is not usury!

). Rather, have we met the wonderful God in our being and experienced His salvation? Have we experienced His love, His life, His righteousness etc. to transform us?
Once, we meet God, definitely, the outcome and fruit will be, we will NOT mistreat those in need spontaneously. So, to us, it is a living vital relationship rather then dead following a stance. So, we don't tell people that usury is right or wrong, but rather, "have you meet this wonderful God"?
Hope that helps.
This post has been edited by pehkay: Jan 8 2016, 09:08 AM