Discussion: Lending Club

What is a lending club? We discuss the OMC and NECAP examples. What is it? How does it work? It’s the “Storehouse” in action…

Rules

1. The first rule of Lending Club is: You do talk about Lending Club

2. The second rule of Lending Club is: You do talk about Lending Club

… wait a second – no but seriously ….

Scriptural Rules for Lending Club

1. Do not charge your brother interest (Deut 23:19); 2. Do not charge interest to the poor (Deut 22:25)

2. Forgive debts every seven years (Deut 15:1)

3. Return the pledge (do not hold collateral) (Ezek 33:15)

4. Don’t expect to be repaid (Luke 6:34)

5. Lend to your enemy (Luke 6:35)

6. Freely you have received; freely give (Matt 10:8)

7. Open your hand wide to the poor for their need (Deut 15:8)

8. Borrower repays principal under God (Psalm 37:21)

But wait, that’s impossible, right?

Everything is possible for one who believes.”

Mark 9:23