Posted: September 14th, 2017
Business Law
If you lend money to one of my people among you who is needy, do not treat it like a business deal; charge no interest. If you take your neighbor’s cloak as a pledge, return it by sunset, because that cloak is the only covering your neighbor has. What else can they sleep in? When they cry out to me, I will hear, for I am compassionate.”
What additional requirements does this place on a Christian businessperson or creditor? Can these requirements be harmonized with the protections for creditors discussed in our reading and Article 9 of the UCC?
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