DON’T GO BACK TO JAIL.
We were bought with the highest price that could be paid – The Blood of the Lamb (Jesus Christ).
Because “The borrower becomes the lender’s slave” (Proverbs 22:7), when we go into debt we sell ourselves to become the slave of another. If we belong to Christ we are not our own to sell. When we go into debt we are actually selling that which belongs to God.
Does this mean we should never go into debt for anything? In principle this is true.
However, we must understand that we do not live under the law, and there is a difference between principles and laws.
Laws cannot be broken, but there are exceptions to principles. This does not mean we can just disregard principles any time we want to. It means that we need to hear very clearly from the Lord to do so.
For example, I know some people who years ago felt they should not go into debt for a house, even though the mortgage was less than the lease payments, and the house was in an appreciating market. At the time I felt that this debt was permissible, but they disagreed. Now these people are still leasing, with payments that are much higher than they were then. They could have now owned the house outright, and its value has more than quadrupled.
This does not necessarily mean they should have bought the house, especially if their conscience would not permit them to.
Many believer that “Owe no man anything except love” (See Romans 13:8) is an emphatic command that we cannot compromise.
However, if it were an emphatic commandment, why did He chastise the foolish servant in the parable of the talents for not at least getting interest for his money?
Would the Lord encourage us to lean money at interest if it were a sin to borrow under any circumstances?
In the Old Covenant, the Israelites were commanded not to loan their money at interest to others, which is why the Jews have been the most outstanding bankers in history. Even so, as a principle (not a law), it is better not to go into debt for any reason without a clear, directive from the Lord. We must get out of Debt, and stay out of Debt, EXCEPT when we are clearly permitted to do otherwise for a season.
I PRAY THIS TEACHING IS BRINGING A BALANCED UNDERSTANDING INTO THIS SUBJECT THAT IS MUCH DEBATED.
God’s best is – STAY OUT OF DEBT! BORROW ONLY UNDER THE DIRECTION OF THE HOLY SPIRIT.
Thank you for your continual Prayers and Financial support …. We pray for a Hundredfold Blessing on every Seed Sown into this Ministry.
All Blessings in Jesus Name!