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:
“Faith, I have been a truant in the law,
And never yet could frame my will to it,
And therefore frame the law unto my will.”
—William Shakespeare (15641616)