Where in the Bible does it say anything about credit debt loans or mortgages?
The Bible does not explicitly mention credit debt loans or mortgages. However, it does provide guidance on responsible financial management and warns against debt.
Proverbs 22:7 states, "The rich rule over the poor, and the borrower is the slave of the lender." This verse emphasizes the power imbalance created by debt and the importance of avoiding excessive borrowing.
Matthew 6:12 says, "Forgive us our debts, as we also have forgiven our debtors." This verse encourages forgiveness and reconciliation, even in financial matters.
The Bible also teaches the value of saving and planning for the future. Proverbs 21:20 states, "There is treasure to be desired and oil in the dwelling of the wise, but a foolish man squanders it." This verse stresses the importance of prudent financial decisions and avoiding unnecessary expenses.
Related Questions and Brief Answers:
- Does the Bible prohibit borrowing money? No, but it encourages caution and responsible borrowing.
- Can Christians have mortgages? Yes, if they can afford the payments and are not creating excessive debt.
- Should Christians use credit cards? With caution, as credit card debt can accumulate quickly.
- What is the biblical view of debt forgiveness? Forgiveness is encouraged, but it is important to consider the consequences for both the borrower and lender.
- How can Christians avoid financial distress? By following biblical principles of responsible financial management, including saving, budgeting, and avoiding excessive debt.
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