(25-27) The Mosaic law of borrowing and lending was strange and peculiar. It was absolutely forbidden to exact any interest from those borrowers who were Israelites. The wording of the present passage, and of some others (Leviticus 25:35; Deuteronomy 15:7), construed strictly, prohibits interest only on loans to the poor; but, as in a primitive state of society only the poor wish to borrow, the qualifying expression lost its force, and to exact any interest of any Israelite was regarded as wrong. (See Psalms 15:5; Proverbs 28:8; Nehemiah 5:7; Nehemiah 5:11; Ezekiel 18:13; Ezekiel 22:12.) And some prohibitions, as Deuteronomy 23:19, were expressed in the most general terms. On the other hand, the lending of money upon interest to foreigners was distinctly allowed (Deuteronomy 23:20), and no limit placed upon the amount of interest that might be taken.
Related Commentaries of Exodus 22:25
Exodus 22:25-27
25 If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.
26 If thou at all take thy neighbour's raiment to pledge, thou shalt deliver it unto him by that the sun goeth down:
27 For that is his covering only, it is his raiment for his skin: wherein shall he sleep? and it shall come to pass, when he crieth unto me, that I will hear; for I am gracious.