The Truth of Credit

This is a sensitive subject for most people but it is a perspective I would like to discuss nonetheless. Many Christians believe that Bible holds the answer to any question we may have in this life. So let us ask:

What does the Bible say about a Christian going into debt?

Answer: Paul’s charge to us to owe nothing but love in Romans 13:8 is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalms 37:21). Usually we think of debt in terms of a monetary obligation. But in light of the context of this entire passage (Romans 13:1-10), Paul seems to have a broader view of debt in mind (Romans 13:7). Not only does he speak of taxes, tolls, and tariffs that are imposed on us by our government, but also the respect, honor and praise we owe to those in high authority. All of us are debtors to God’s grace. As He has shown us love, we need to extend love to those around us with whom we live and work - even those who tax and govern us.

Courtesy of http://www.gotquestions.org/money-debt.html

The TRUTH is that I’m not one to overrule the Bible for I’m merely a sheep myself. My interpetation of this passage is simple; just as God shows disdain from unpaid debts so should you. If you owe money, do the best you can to repay them. Only you and God know if you’re doing your “BEST.” It’s never too late to start.

If you enjoyed this post, make sure you subscribe to my RSS feed!