Questions tagged [usury]

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Why is usury considered a bad practice?

If I'm not wrong usury in its original biblical definition means charging any amount of money for lending money. So if you charge any percentage greater than zero as interest rate it must be a sin. ...
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Was charging interest on loans ever forbidden to laymen in the Eastern Orthodox Church? If so, when was this promulgated and when was it revoked?

According to Wikipedia, the First Council of Nicaea (325AD) forbade clergy, but not laymen, from charging interest on loans. Wikipedia also states that "later ecumenical councils applied this ...