Christian Cyclopedia

About the Cyclopedia





Usury.

1. More interest than legally allowed; or indiscriminate interest; or any interest.

The OT distinguishes bet. taking interest from a fellow believer and taking it from others. (Ex 22:25–27: Lv 25:35–37; Dt 23:20)

2. Gratuitous lending is commended Lk 6:34–35. Taking interest is allowed Mt 25:14–30; Lk 19:12–27.

3. In the ch., taking interest was condemned at least as early as the syn. of Elvira* 306. SC, Preface, 12: “Usury and avarice have burst in like a deluge and have taken on the color of legality.”

4. Among Luths. in Am., C. F. W. Walther* especially opposed taking interest.


Edited by: Erwin L. Lueker, Luther Poellot, Paul Jackson
©Concordia Publishing House, 2000, All rights Reserved. Reproduced with Permission

Internet Version Produced by
The Lutheran Church--Missouri Synod


Original Editions ©Copyright 1954, 1975, 2000
Concordia Publishing House
All rights reserved.

Content Reproduced with Permission

Stay Connected! Join the LCMS Network:

Contact Us Online
800-248-1930
(Staff Switchboard)
888-843-5267
(Church Info Center)
1333 S Kirkwood Rd
Saint Louis, MO 63122-7226 | Directions

 

Featured Publication

The Lutheran Witness

LCMS Communications

Interpreting the contemporary world from a Lutheran Christian perspective.
Visit TLW Online