Does the Bible prohibit borrowing money?

God’s Word doesn’t prohibit borrowing in general, but it does present principles that are critically important. Some Christians, as they decide how to apply these principles to their own lives, may choose not to borrow at all. Other Christians decide to borrow sensibly and repay properly.

Does the Bible say about lending money?

While the Bible does speak of lending money in a positive light, it also gives warning to not lend at interest to those who are poor or who are unable to repay. It speaks of lending freely, but it warns us against being greedy, and exhorts us to act with justice.

What religion does not borrow money?

Riba is a concept in Islam that refers broadly to the concept of growth, increasing, or exceeding, which in turn forbids interest credited from loans or deposits. The term “riba” has also been roughly translated as the pursuit of illegal, exploitative gains made in business or trade under Islamic law, akin to usury.

Does the Bible say debt is a sin?

The Bible specifically says that the “love” of money is evil. If we put money above God in any way, our relationship with money is unhealthy. In fact, the Bible never states that you should not use debt. It does state however many times, that you should use extreme caution when doing so.

What does the Bible say about being a lender and not a borrower?

The rich rule over the poor, and the borrower is servant to the lender. But what Proverbs (even the whole Bible!) does say is that the righteous rich and lender should not treat the poor or the borrower inappropriately (see :9).

Is borrowing money against Islam?

A Muslim is not allowed to benefit from lending money or receiving money from someone. This means that earning interest (riba) is not allowed – whether you are an individual or a bank.

What does God say about credit?

Romans 13:8 Let no debt remain outstanding except the continuing debt to love on another.. Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender. Psalm 37:21 The wicked borrows and does not repay, But the righteous shows mercy and gives.

What does the Bible say about wanting more?

Here are some verses that speak to how to find true contentment in Christ. Philippians 4:11-13 Not that I speak from want, for I have learned to be content in whatever circumstances I am. 1 Timothy 6:6-12 But godliness with contentment is great gain.

What does the Bible say about church finances?

How the church should handle its money. Those who lead in spiritual matters should also lead in financial matters (Acts 4:35,37; Acts 11:29,30; 1 Timothy 3:3,8). Money should be handled in such a way that is defensible against any accusation (2 Corinthians 8:21). Money stewards should be trustworthy people.