We must raise $1,008 by March 31st to pay critical bills. Essential to continue our mission. Donate now!
Click here to advertise on CatholicCulture.org

Pope Francis denounces usury

Catholic World News - January 29, 2014

Pope Francis denounced usury as “a dramatic social ill” in his public remarks at the end of his general audience in January 29.

As he does each week, the Pope acknowledged several different groups in the crowd attending his audience. When he mentioned the National Council of Anti-Usury Foundations, the Pope added a clear condemnation of usury, saying that the practice “is not Christian; it is not human!”

Speaking passionately against people who prey on the poor by charging high interest rates for short-term loans, Pope Francis said: “This dramatic scourge in our society harms the inviolable dignity of the human person.”

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our March expenses ($1,008 to go):
$35,000.00 $33,991.96
3% 97%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

Show 2 Comments? (Hidden)Hide Comments
  • Posted by: John J Plick - Feb. 06, 2014 7:58 PM ET USA

    Jesus did not even unconditionally reject usury. One would speculate that the kind of "usury" that was condemned in the Bible was more of the "outrageous, extortionist" variety, not of the kind practiced ethically in the business world, for if all usury was evil, what of this Biblical passage: Matthew 25:27 "Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury. " ?

  • Posted by: ramonantonio3455448 - Jan. 29, 2014 5:46 PM ET USA

    Jesus never rejected usurers but usury. He even visited Zacchaeus and had dinner with him. What he ate and drank? Probably the fruits of his illegal and immoral trade. But there was a change of heart in Zaccheus. And that change of heart was by a personal visit by Jesus Himself. Pope Francis does the same.

Subscribe for free
Click here to advertise on CatholicCulture.org
Shop Amazon

Recent Catholic Commentary

Insights on the enigma that is Pope Francis 17 hours ago
Our Most Characteristic Vice? 17 hours ago
Recognizing the Noonday Devil 18 hours ago
Patricia Jannuzzi on gay activists: And the real problem is? 21 hours ago
Surrogate parenthood = exploitation of desperate women 23 hours ago

Top Catholic News

Most Important Stories of the Last 30 Days
Pope announces Jubilee: a Year of Mercy CWN - March 13