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" The need for loans often was so great and so widespread that Italian banks opened branches all across the Continent. Although many bishops, monastic orders and even the Roman hierarchy ignored the ban on usury, opposition to interest lingered. As late as the Second Lateran Council in 1139, the Church ‘declared the unrepentant usurer condemned by the Old and New Testaments alike and, therefore, unworthy of ecclesiastical consolations and Christian burial’. "

Rodney Stark , Reformation Myths: Five Centuries Of Misconceptions And (Some) Misfortunes


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Rodney Stark quote : The need for loans often was so great and so widespread that Italian banks opened branches all across the Continent. Although many bishops, monastic orders and even the Roman hierarchy ignored the ban on usury, opposition to interest lingered. As late as the Second Lateran Council in 1139, the Church ‘declared the unrepentant usurer condemned by the Old and New Testaments alike and, therefore, unworthy of ecclesiastical consolations and Christian burial’.