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:
“For through the law I died to the law, so that I might live to God. I have been crucified with Christ; and it is no longer I who live, but it is Christ who lives in me. And the life I now live in the flesh I live by faith in the Son of God, who loved me and gave himself for me.”
—Bible: New Testament, Galatians 2:19-20.