Name: Anonymous 2007-09-02 15:52 ID:CMUaTnBL
On your credit history, any bad marks such as a late payment remain on your record until seven years, when you can request the bad history to be removed or "forgiven." This seems to be the most obvious tradition from Jewish law, aside from banks being always closed on the Sabbath.
Just as the seventh day is the Sabbath day, every seventh year is a Sabbath year. Israel was forbidden from working for this whole year and their slaves were freed (Ex. 21:2-6). Also the fields and vineyards were not harvested for this year (Ex. 23:10). In addition, creditors were supposed to release all debtors from their debts (Deuteronomy 15:1-11).
1 At the end of every seven years you must cancel debts.
2 This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD's time for canceling debts has been proclaimed.
3 You may require payment from a foreigner, but you must cancel any debt your brother owes you.
4 However, there should be no poor among you, for in the land the LORD your God is giving you to possess as your inheritance, he will richly bless you,
5 if only you fully obey the LORD your God and are careful to follow all these commands I am giving you today.
6 For the LORD your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.
7 If there is a poor man among your brothers in any of the towns of the land that the LORD your God is giving you, do not be hardhearted or tightfisted toward your poor brother.
8 Rather be openhanded and freely lend him whatever he needs.
9 Be careful not to harbor this wicked thought: "The seventh year, the year for canceling debts, is near," so that you do not show ill will toward your needy brother and give him nothing. He may then appeal to the LORD against you, and you will be found guilty of sin.
10 Give generously to him and do so without a grudging heart; then because of this the LORD your God will bless you in all your work and in everything you put your hand to.
11 There will always be poor people in the land. Therefore I command you to be openhanded toward your brothers and toward the poor and needy in your land.
Just as the seventh day is the Sabbath day, every seventh year is a Sabbath year. Israel was forbidden from working for this whole year and their slaves were freed (Ex. 21:2-6). Also the fields and vineyards were not harvested for this year (Ex. 23:10). In addition, creditors were supposed to release all debtors from their debts (Deuteronomy 15:1-11).
1 At the end of every seven years you must cancel debts.
2 This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD's time for canceling debts has been proclaimed.
3 You may require payment from a foreigner, but you must cancel any debt your brother owes you.
4 However, there should be no poor among you, for in the land the LORD your God is giving you to possess as your inheritance, he will richly bless you,
5 if only you fully obey the LORD your God and are careful to follow all these commands I am giving you today.
6 For the LORD your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.
7 If there is a poor man among your brothers in any of the towns of the land that the LORD your God is giving you, do not be hardhearted or tightfisted toward your poor brother.
8 Rather be openhanded and freely lend him whatever he needs.
9 Be careful not to harbor this wicked thought: "The seventh year, the year for canceling debts, is near," so that you do not show ill will toward your needy brother and give him nothing. He may then appeal to the LORD against you, and you will be found guilty of sin.
10 Give generously to him and do so without a grudging heart; then because of this the LORD your God will bless you in all your work and in everything you put your hand to.
11 There will always be poor people in the land. Therefore I command you to be openhanded toward your brothers and toward the poor and needy in your land.