They might settle on Deuteronomy 15:1-2, which centres on debt remission. “At the end of every seven years thou shalt make a release…every creditor that lendeth ought unto his neighbour shall release it; he shall not exact it of his neighbour, or of his brother; because it is called the Lord's release.”
Verily! The idea of a debt jubilee has obvious attractions, but there is scant evidence that this biblical injunction was ever put into practice in antiquity, and even if it was implemented in 21st Century Britain, the chances are it would not erase your Mastercard obligations. Long gone are the days when moneylenders moderated the terms of their credit in response to advice from theologians on how to apply biblical teachings. The sacred has given way to the profane, with modern financial systems enmeshed with the practice of usury.