A: Many Scriptures prohibit the charging of interest or usury in certain circumstances.
For example, Exodus 22:25 states, in the Authorized Version, “If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.”
The Hebrew word for “usury” is “neshek” or “neshech” and has the meaning of “biting” (Young’s Analytical Concordance). Its root word is “nashak” or “nashach.” Strong’s Exhaustive Concordance, under Nos. 5391 and 5392, gives the following explanation: “…to strike with a sting (as a serpent); fig. to oppress with interest on a loan.”
Soncino points out: “That which ‘bites’ (nashach) like a snake. The victim of a snake does not at first feel the bite, but soon the wound swells and spreads over the whole body; likewise it is with usury: at first the borrower does not feel its pinch, but little by little it grows until it amounts to a crushing sum. Do not impose usury on the borrower in consideration of an extended time limit for repayment.”
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