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What does the Bible say about loans and debt?
The Apostle Paul wrote in Romans 13:8, “Pay all your debts except the debt of love for others— never finish paying that!” (TLB). Clearly, you should borrow only if you have a well-considered repayment plan, regardless of whether the loan is for college or some other purpose.
What does the Bible say about debt repayment?
The Bible makes it clear that people are generally expected to pay their debts. Leviticus 25:39.
What the Bible says about financial problems?
As 1 Timothy 6:17 (NIV) says, you shouldn’t put your hope in wealth, but instead, “hope in God, who richly provides us with everything for our enjoyment.”
How many times does Jesus talk about money in the Bible?
Sure enough, after doing a bit of research on this subject as well, I discovered that the pastor was right: Jesus talked more about money than he did Heaven and Hell combined. Eleven of the 39 parables He tells are about finances.
What does the Bible say about interest on money?
Bible. The Old Testament “condemns the practice of charging interest on a poor person because a loan should be an act of compassion and taking care of one’s neighbor”; it teaches that “making a profit off a loan from a poor person is exploiting that person (Exodus 22:25–27).”
What Bible verses talk about finances?
5 Encouraging Bible Verses About Money That Everyone Should Know
- Philippians 4:19. “And my God will meet all your needs according to his glorious riches in Christ Jesus.”
- Malachi 3:10. “”Bring the whole tithe into the storehouse, that there may be food in my house.
- 1 Timothy 6:10.
- Acts 20:35.
- Proverbs 22:7.
Is interest a sin in Christianity?
The Westminster Confession of Faith, a confession of faith upheld by the Reformed Churches, teaches that usury—charging interest at any rate—is a sin prohibited by the eighth commandment.