Mosaic Law
The Mosaic Law struck at the root of pawnbroking as a profitable business, since it forbade the taking of interest from a poor borrower, while no Jew was to pay another for timely accommodation. Jews could, however, lend money at interest to gentiles; until the Protestant Reformation, Christians were likewise forbidden to lend to each other at interest.
Read more about this topic: History Of Pawnbroking
Famous quotes containing the word law:
“The great King of kings
Hath in the table of his law commanded
That thou shalt do no murder. Will you then
Spurn at his edict, and fulfill a man’s?
Take heed; for he holds vengeance in his hand
To hurl upon their heads that break his law.”
—William Shakespeare (1564–1616)