JOHN SHIRK – Today’s Q and A Segment explores the question, “What does the Bible say about going into debt?”

Romans 13:8 gives us this instruction: “Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.”

While God’s Word does not forbid going into debt, it stresses the responsibility to pay back what we owe. So, we should not go into debt without a plan to get out of debt.

One debt that will always remain outstanding is the debt to love one another because there is always more to give.

Another debt that is impossible for us to pay back in full is the sinful actions that we have committed, whether in word, thought, or deed. But where we have fallen short, God has provided a payment plan for us through the blood of Jesus, which was shed on the cross. I Peter 1:18 tells us that we are redeemed, not by the payment of silver or gold, but with the precious blood of Christ.

Through faith in Jesus, we are set free from the debt of sin and receive the credit of righteousness in the Year of Exploration.

John Shirk

john@wjtl.com