BUSINESS WORD THURSDAY

Some people say that there is an older profession than banking but people have been lending and borrowing since the earliest days. Lending and borrowing eventually include return favors. Favors become expected, expected favors become contractual, and contracted favors attached to borrowing and lending are usury (which is an old word for interest). If you charge or pay interest, it might be a good idea to check out what the Bible has to say about the practice.