Is usury still a sin?


#1

Taking any interest on a loan was condemned by the Church in the past.

Is this still the case?


#2

Charging interest on loans is not, in itself, sinful matter. Usury is defined as the practice of lending money and charging the borrower interest, especially at an exorbitant or illegally high rate. It is the charging of an “exorbitant or illegally high rate” of interest that the Church is and has always been concerned with.

For more on this see Has the Catholic Church changed her position on the sinfulness of usury?


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