Christians charge poor people interest on loans

Assignment Help Business Management

Reference no: EM133137406

Do you think the interest on payday loans is too high or just right? Should Christians charge poor people interest on loans?

"Now in case a countryman of yours becomes poor and his means with regard to you falter, then you are to sustain him, like a stranger or a sojourner, that he may live with you. Do not take usurious interest from him, but revere your God, that your countryman may live with you. You shall not give him your silver at interest, nor your food for gain" (Leviticus 25:35-37, NIV).

Search the internet for "Microloans" or "Microcredit" and review the interest charged on these loans.

Reference no: EM133137406

Questions Cloud

Example of ethical leadership : Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important?

Record the acceptance of each of the notes receivable : The customer signs a four-month, 9% note for $7,000. Record the acceptance of each of the notes receivable

Describe the structured interview : Describe the structured interview. What are the characteristics of structured interviews that improve on the shortcomings of unstructured interviews?

Case study-victim of discrimination : When responding to a case study or scenario, it is important to ensure that the human resources practitioner is able to use a consistent, fact-based, problem-so

Christians charge poor people interest on loans : Do you think the interest on payday loans is too high or just right? Should Christians charge poor people interest on loans?

Important tool for human resource managers : Why has internet recruiting become such an important tool for human resource managers

Assessment of the initiative taken at infosys : 1. What is your assessment of the initiative taken at Infosys?

Determine the adjusted balances of accounts receivable : At the end of the current year, Accounts Receivable has a balance of $680,000; Determine the adjusted balances of Accounts Receivable

Working arrangements impact organizational commitment : Explain how you think various working arrangements impact organizational commitment, performance, and culture.

User Account

All Pages