Pope Condemns Usury as Grave Sin, Calls for Economic Justice

Pope Leo XIV today condemned the practice of usury as a “grave sin” that exploits the vulnerable and undermines human dignity, urging a renewed commitment to justice and mercy in economic practices.

Speaking to members of Italy’s National Anti-Usury Council on Saturday, the Pope expressed gratitude for their thirty years of work assisting victims and promoting ethical finance. He warned that usury, at both individual and global levels, “remains a painful and ancient wound” continuing to afflict the poor and marginalized. The condemnation comes as concerns grow globally about predatory lending practices and their impact on financial stability.

“Usury is not merely an accounting issue—it is a grave sin that can destroy families, consume the mind and heart, and even lead people to despair or suicide,” Pope Leo XIV exclaimed. He further cautioned that usurious financial systems can “bring entire peoples to their knees,” referencing the Catechism of the Catholic Church and its condemnation of exploitative commercial practices. He questioned whether those less fortunate are considered fully human, stating, “Our answer to these questions determines the value of our societies and our future.”

The Pope described the work of the Anti-Usury Council as a “sign of hope” during this Jubilee Year, emphasizing that conversion – as exemplified by the biblical figure of Zacchaeus – is possible through encountering Christ’s love. He encouraged perseverance in the fight against usury, supported by Church leaders and inspired by the Gospel, and stated that the conversion of those who practice usury is as important as supporting its victims. Italy24 News reports that the council will continue its work with renewed vigor following the papal address.