(Proverbs 22:27 KJV) If thou hast nothing to pay, why should he take away thy bed from under thee?
Loans, credit, usury. These are a part of modern culture. Some people think that our economy would tank if people went back to saving up and paying cash. That does not change the Biblical standard. The Bible says, “Don’t borrow.” It also seems to be unhappy about lending but if you do there are restraints.
Christian lenders have limits on how far they can go to collect what is owed them. Here the illustration is to take someone’s “bed” (4904) from them. What Proverbs is telling us is that if we were foolish enough to loan money to people who will not pay it back then don’t use the law and the contract to extract your pound of flesh. It is unbecoming and unchristian. Is if fair? Not really. Many people who cannot pay their debts have plenty of money for the fun things of life. Many have lived beyond their means. A few actually have situations beyond their control.
So? Again, don’t lend. If you do, accept the results.