Is debt biblically allowable? Should Christians have debt?

Is debt biblically allowable? Should Christians have debt?
Posted by in Facebook's Pentecostal Theology Group View the Original Post

7 Comments

  • Reply September 6, 2018

    Louise Cummings

    I don’t believe the Bible is talking about natural debt. But you should use knowledge. Philemon verse (19) is talking about about Onesimus that was a run away slave from Philemon. And was saved whene he found Paul. And Paul wrote a letter to except him back. If he owed any debt ( or maybe stolen from his Master ). He would pay all back.

  • Reply September 6, 2018

    Varnel Watson

    I’d say NO Robert Borders Scotty Searan Tom Steele Terry Wiles

    • Reply September 6, 2018

      Louise Cummings

      I guess you are right. But I hadn’t gone into this deeply. But I didn’t think it would mean that kind of debt.

    • Reply September 6, 2018

      Louise Cummings

      I have been looking into this. And this does say , or comments on it bring it out strong and the Bible the main one. It sure seems the Bible brings out its wrong. But I though sure it would be able to finance a home. I guess we have gone against that part most of our life. If not all our life.

  • Reply September 7, 2018

    Anya Kay

    But it’s hard:( almost impossible to live a debt free life ? I mean student loans are considered debt no?

  • Reply September 7, 2018

    Varnel Watson

    Debt may violate two biblical principles that directly affect our relationship with God. First, while the Bible does not say that it’s wrong to borrow money, it does warn us against presuming upon the future: “Come now, you who say, ‘Today or tomorrow we will go to such and such a city, spend a year there, buy and sell, and make a profit;’ whereas you do not know what will happen tomorrow. For what is your life? It is even a vapor that appears for a little time and then vanishes away. Instead you ought to say, ‘If the Lord wills, we shall live and do this or that” James 4:13-15). Second, by borrowing you may be denying God an opportunity to provide. The Lord has promised to supply all our needs (Philippians 4:19). Sometimes borrowing is just an easy way out of a situation that would otherwise force us to grow in our faith.

  • Reply September 7, 2018

    Louise Cummings

    Great points.

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