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Christians Going Into Debt

Is it okay for Christians to go into debt? The Bible says Owe no man anything, save the obligation to love one another (Rom. 13:8), but many Christians say its okay to go into debt when one is buying things that appreciate in value? Can someone help me?

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 ---Lillian on 5/24/07
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It is okay to go into debt(state of owing) if a person is buying a house or vehicle, but they have to be a good steward in paying what they owe.

Basically, don't borrow out of your means.
See what the APR is. Get info on the place you borrow from, payment plan, etc.

Hosea 4:6 says, " My people are destroyed for lack of knowledge..."

What a person doesn't know can/will hurt them.
---Rickey on 9/10/08


Diane, understand what I am talking about. I am not talking about not using your faith or calling money to you. I am talking about using common sense.

About 1yr. ago I was in need of money. It tried my faith. At times I was wondering where the money was going to come from, but God was faithful.
---Rickey on 5/27/07


But the bible says, "...a word in due season how wonderful it is."

Well I was at my mom's house & found a tape that I had from 4yrs ago. It was talking about "due season". Referring to seedtime & harvest.

Not only that, but God showed me something about Malichi 3:10-12. He showed me that since He has bound Himself to His word He has to do what it says & open the windows of heaven & bless me.

He did. I came out on top w/ more than enough for school, housing, etc.
---Rickey on 5/27/07


I am not a word of faith believer.
I am a bible believer.
---Rickey on 5/27/07


One thing that makes my heart sick is when a "preacher" says that you should put your donation to him on a credit card or write a bad check, believing that the finances will come in to to cover it.
---Susie on 5/27/07




One word that isn't used much today is "sacrifice" which is something that few of us are willing to do today.
---Susie on 5/27/07


Diane word of faith preachers get what they want from people who listen to them beg for there money and send it to them. If they used faith they would not ask for your money.
---Terry on 5/26/07


Rickey, I know you're a believer in the Word of Faith.
Why would you ever need to borrow. Why not speak your house or car into existence.
Word of Faith teachers don't need to borrow, they have more than enough, always.
If it works for them, why would that principle not be working for you, Rickey?
---Diane on 5/26/07


Rickey, a Word of Faith teacher/preacher would never talk debt. That would be cursing the good ground. Rickey, if you're sowing your seeds, you should be seeing the return, with no debt, no lack and absolutely no house/car payments. They would never take out a loan. They might tell you to put your seed on a credit card, but never suggest you take out loans.
---Diane on 5/26/07


I dont agree with you guys, the Bible is clear:a borrower is a slave to a lender (Proverbs 22:7). Christians are covenant children and are designed to be lending and not borrowing (Deuteronomy 15:6). The fact that many people are in debt doesnt make it a normal thing for a Christian. Dont spend the money you dont have for the simple reason you dont have it!
---Jane on 5/25/07




It isn't okay for anyone to go into a deep debt. (dig a hole and can't get out of it) People need to live within their means. If a person goes out and buys a new house, car and can't afford it. What is the first thing they do? Run to God and starting crying. If they'd pray about such things before hand and wait for an answer. They wouldn't have this problem. If I can't afford something in the long run, I don't want it at all.
---Rebecca_D on 5/24/07


Most people couldn't get into a home unless they financed it. However, I think the debt should stop at that. Most people could afford to pay cash for a vehicle if they saved a little each month and settled for a good used car instead of thinking they need an expensive, fancy automobile. We are slowly getting out of debt at our house and intend to keep it that way. All credit cards are gone and cut up. Many people have higher car payments than their tithes and offerings.
---Susie on 5/24/07


Yes it's okay for a christian to go into debt. If getting a loan or borrowing money is the only means necessary, then yes.

The person getting the loan or borrowing money needs to be wise enough to know not to borrow out of their means or something with high intrest.

Romans 13:8 isn't talking about finances. It is talking about love.

With finances folks need to be wise in their spending & borrowing. Also folks need to be faithful in paying back what is owed.
---Rickey on 5/24/07


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