“The rich rule over the poor, and the borrower is slave to the lender.” – Proverbs 22:7
Bible Verses About Debt Cancellation
Understanding Biblical Debt
In our financial journey, understanding what the Bible says about debt is crucial. Many verses remind us of the importance of being wise with our resources. The Bible encourages us to borrow wisely and emphasizes that being in debt can lead to bondage. We shouldn’t take the matter lightly; instead, we should seek guidance from God to navigate our finances effectively. By doing so, we can avoid the burdens of debt and live in accordance with God’s will. It’s not just about avoiding debt but learning to manage what we already have. When we align our financial practices with biblical principles, we experience a freedom that goes beyond material possessions.
Proverbs 22:7
“The rich rule over the poor, and the borrower is slave to the lender.” – Proverbs 22:7
Psalm 37:21
“The wicked borrow and do not repay, but the righteous give generously.” – Psalm 37:21
Romans 13:8
“Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.” – Romans 13:8
Deuteronomy 15:1-2
“At the end of every seven years you must cancel debts. This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed.” – Deuteronomy 15:1-2
Luke 4:18
“The Spirit of the Lord is on me, because he has anointed me to proclaim good news to the poor. He has sent me to proclaim freedom for the prisoners and recovery of sight for the blind, to set the oppressed