21 March 2022

Reading for today: Exodus 22 - do not extort profit from the poor

Exodus 22:25-27: “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 neighbour's cloak as a pledge, return it by sunset, because that cloak is the only covering your neighbour has. What else can they sleep in? When they cry out to me, I will hear, for I am compassionate.

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With price increases on everything from fuel to food making it increasingly tough for households to make ends meet, unlicensed lenders are stepping in, offering loans to the desperate at astronomical interest rates.

"It's just endless," one victim told the BBC. Small loans from the local money lender to repair the car or afford Christmas were a fact of life for her family - but "it just spirals"

www.bbc.co.uk


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