In this article, we will explain to you what does the Bible say about debt and also share some of the most important KJV Bible verses related to debt.
What Does The Bible Say About Debt?
Debt is a common issue that many people face in today’s society. From credit card debt to student loans, it can be easy to become overwhelmed by financial obligations. But what does the Bible say about debt?
In the Bible, debt is not inherently condemned as a sin. However, there are warnings and principles related to debt that can help guide believers in their financial decisions. One of the most well-known verses regarding debt is found in Proverbs 22:7, which states, “The rich rule over the poor, and the borrower is slave to the lender.”
This verse highlights the potential dangers of debt, as it can lead to a loss of financial freedom and independence. When individuals are in debt, they are beholden to their creditors and can become trapped in a cycle of repayment that hinders their ability to build wealth and provide for their needs.
Another important principle related to debt in the Bible is found in Romans 13:8, which states, “Owe no one anything except to love one another, for he who loves another has fulfilled the law.” This verse emphasizes the importance of living within one’s means and avoiding excessive debt that can strain relationships and hinder the ability to fulfill other obligations.
Ultimately, the Bible encourages believers to be wise stewards of their resources and to avoid unnecessary debt that can lead to financial hardship. By following biblical principles related to debt, individuals can strive to live a life of financial responsibility and freedom.
KJV Bible Verses on debt
Here are the top 10 KJV Bible Verses on debt:
1. Proverbs 22:7 – “The rich ruleth over the poor, and the borrower is servant to the lender.”
2. Romans 13:8 – “Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.”
3. Psalm 37:21 – “The wicked borroweth, and payeth not again: but the righteous sheweth mercy, and giveth.”
4. Ecclesiastes 5:5 – “Better is it that thou shouldest not vow, than that thou shouldest vow and not pay.”
5. Matthew 6:24 – “No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.”
6. Proverbs 3:27 – “Withhold not good from them to whom it is due, when it is in the power of thine hand to do it.”
7. Luke 6:34 – “And if ye lend to them of whom ye hope to receive, what thank have ye? for sinners also lend to sinners, to receive as much again.”
8. Psalm 112:5 – “A good man sheweth favour, and lendeth: he will guide his affairs with discretion.”
9. Deuteronomy 15:1-2 – “At the end of every seven years thou shalt make a release. And this is the manner of the release: Every creditor that lendeth ought unto his neighbour shall release it; he shall not exact it of his neighbour, or of his brother; because it is called the Lord’s release.”
10. Proverbs 21:5 – “The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want.”