Do not take revenge, my friends, but leave room for God's wrath, for it is written: 'It is mine to avenge; I will repay,' says the Lord” (Romans 12:18-20). God will repay, so leave room for His wrath. You don't need to take it into your hands when you know it is in His.
Proverbs 19:17 in the New Living Translation says: “If you help the poor, you are lending to the Lord—and he will repay you!”
The Apostle Paul says in Romans chapter 12, “Bless those who persecute you; bless and do not curse. Do not repay anyone evil for evil. Do not take revenge, my dear friends, but leave room for God's wrath, for it is written: “It is mine to avenge; I will repay,” says the Lord.
Through the book of Deuteronomy, the Bible calls for debt forgiveness every seven years. Perhaps not coincidentally, the discharge of debts in chapter 7 bankruptcy is allowed to individuals every eight years.
It doesn't say … God will bail you out of debt.
The verse they usually point to is Philippians 4:19: “And my God will supply every need of yours according to his riches in glory in Christ Jesus.” That's true, of course, and God will meet our needs — in the way He knows is best.
The Bible does not forbid debt, but it does not speak positively of it. It acknowledges that debt is a part of life, but has several warnings that we need to pay attention to. Though debt was a part of the culture in Biblical times, it was very different than today.
The Bible makes it clear that people are generally expected to pay their debts. Leviticus 25:39. No one will or should advance any argument against this general proposition.
Ps 37:21 - The wicked borrows but does not pay back, but the righteous is generous and gives. The Bible is clear that when something is borrowed is should be paid back. Someone refusing to repay reveals a wicked heart and not the generous and giving heart God wants us to have.
The Bible says in Psalm 37:21, “The wicked borrow and do not repay” (NIV). God does not bless the wicked. It's not moral to stiff somebody out of debt. God says if you have a debt, you are to pay it off.
Most negative items should automatically fall off your credit reports seven years from the date of your first missed payment, at which point your credit scores may start rising. But if you are otherwise using credit responsibly, your score may rebound to its starting point within three months to six years.
Yet the Bible actually encourages us to set aside for expected, future needs. Proverbs 21:5 says, “The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty” (ESV). Saving honors God because it values money as a gift that He has given to us.
“The wicked borrow and do not repay, but the righteous give generously.” - Psalm 37:21. As Christians, we know that paying our debts is important.
He has given us the opportunity for living eternally with Him. He has provided the opportunity for total and complete forgiveness for every wrong we have ever done or will do. He gives us the opportunity to be aware of the “bigger picture” and to be an active participant, side-by-side with Him, in its fulfillment.
Instead, the Psalmist calls us to repay the Lord by taking the cup of salvation and calling on the name of the Lord. Which means calling on God's name to be saved from his judgment, then continuing to call on his name for the power to keep serving him.
Each person brought Job a piece of money and each also a ring of gold. In the end, God restored all that Job had lost, and gave Job twice as much as he had before. The Lord blessed him with a long life, and with seven more sons, and three more daughters who were the most beautiful women in all the land!
The more debt we take on, the fewer options we give ourselves when it comes to where we work and how we spend our time. Instead of making decisions based on what we want to do, we find ourselves thinking about what we have to do. Debt will always leave us feeling stuck, and Jesus wants so much more for our lives.
Even if you're in debt or walking through a rough financial season, tithing should still be a priority.
Jesus, the debt burden is weighing on me, stressing me out, and affecting my life negatively. So I come to You by faith and lay the burden of this right here, at Your feet, trusting You to take the weight of it and help me deal with it.
The Bible on Debt
Read the first portion of Romans 13:8 from several different translations: “Owe no man anything” (KJV). “Let no debt remain outstanding” (NIV). “Don't run up debts” (MSG). “Owe nothing to anyone” (NASB).
Psalm 34:18
“The Lord is near to the brokenhearted and saves the crushed in spirit.” The Good News: Even when you're in low spirits, God still loves you.
But God tells the Christian, “Don't owe anyone anything. Don't go into debt; don't be in debt.” The service you owe to another will prevent you from serving God. The money you must pay out to bills will prevent you from giving to the work of the Lord.
Key Takeaways. Types of debt that cannot be discharged in bankruptcy include alimony, child support, and certain unpaid taxes. Other types of debt that cannot be alleviated in bankruptcy include debts for willful and malicious injury to another person or property.
Debt is a form of slavery
The Old and New Testament books presents this truth to us clearly. "She came and told the man of God, and he said, 'Go, sell the oil and pay your debts, and you and your sons can live on the rest. '" "One who lacks sense gives a pledge and puts up security in the presence of his neighbor."
If this happens, the court will issue an order (known as a deficiency judgment) for you to pay the debt as well as the debt collector's attorney and collection fees. The debt collector can collect on this judgment by garnishing your wages or bank account or by placing a lien on any property you own.