The Bible and Debt
Before you begin your journey to get out of debt, it is important to know what the Bible says about debt. You can then use these truths to build your faith since faith comes by hearing the word. Once you have a solid understanding of what God has to say about the issue, then you can boldly pray about your debt in faith.
What does the Bible say about Debt?
The borrower is slave to the lender. When you are in debt to another, you enter into a slave/master relationship with your creditor. (Proverbs 22:7)
God wants us to lend to others. Obviously, this is difficult if you don’t have anything to lend. (Deuteronomy 15:6, 28:12, Matthew 5:24)
We are required to pay back what we borrowed. It is easy to take this lightly, but if we borrowed it, we should pay it back. (Psalm 37:21, Ecclesiastes 5:4).
What the Bible does NOT say […]
Original post by bob