826 Respect a Man’s Livelihood & Dignity (Ex. 22:26-27; Deut. 24:10-13)
With the practice of loaning money and not charging interest comes the practice of collateral. There are certain items that are allowed to be taken as a pledge, and certain items disallowed. The main point is that even when a person is poor or fallen on hard times, their dignity should remain in tact, and those of us with more at that time are responsible to help with that.