Is it biblical to borrow money?

God’s Word doesn’t prohibit borrowing in general, but it does present principles that are critically important. Some Christians, as they decide how to apply these principles to their own lives, may choose not to borrow at all. Other Christians decide to borrow sensibly and repay properly.

What does the Bible say about lending and borrowing money?

While the Bible does speak of lending money in a positive light, it also gives warning to not lend at interest to those who are poor or who are unable to repay. It speaks of lending freely, but it warns us against being greedy, and exhorts us to act with justice.

What does the Bible say about being a lender and not a borrower?

The rich rule over the poor, and the borrower is servant to the lender. But what Proverbs (even the whole Bible!) … does say is that the righteous rich and lender should not treat the poor or the borrower inappropriately (see :9).

What does the Bible say about asking for money?

Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender. Psalm 37:21 The wicked borrows and does not repay, But the righteous shows mercy and gives. Matthew 5:42 Give to him who asks you, and from him who wants to borrow from you do not turn away.

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Is it a sin to be in debt?

No, money is a tool. The Bible specifically says that the “love” of money is evil. If we put money above God in any way, our relationship with money is unhealthy. … In fact, the Bible never states that you should not use debt.

What did Jesus say about finances?

Jesus said our Money is a Test.

If you visit Luke 16:11, you’ll learn that if you can’t manage worldly wealth, there’s no reason for Christ to actually trust you with true riches. If you visit the Parable of the Talents, you’ll be able to see it in black and white as well.

What does the Bible say about helping others financially?

“Whoever is kind to the poor lends to the LORD, and he will reward them for what they have done.”

What does God say about debt?

The Bible makes it clear that people are generally expected to pay their debts. Leviticus 25:39. No one will or should advance any argument against this general proposition.

What does the Bible say about mortgages?

A mortgage is a form of personal debt. In the Law, the Lord allowed Israel to incur debts and extend credit to one another so long as they didn’t charge usury interest (e.g., Exodus 22:25; Leviticus 25:36). But Jews could charge interest on a loan made to a Gentile (see Deut 23:20).

What is a spiritual debt?

After this past pandemic year, I suspect that many people are experiencing spiritual debt, where they have been surviving through short-term hacks that are not sustainable spiritually and emotionally. …

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