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What Does the Bible Say About Debt?

Scripture reveals God's wisdom regarding debt and the dangers of financial bondage

Scripture on Debt

Proverbs 22:7 Old Testament
"The rich rule over the poor, and the borrower is slave to the lender."
Romans 13:8 New Testament
"Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law."
Psalm 37:21 Old Testament
"The wicked borrow and do not repay, but the righteous give generously."
Proverbs 21:20 Old Testament
"The wise store up choice food and olive oil, but fools gulp theirs down."
1 Timothy 6:10 New Testament
"For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs."
The Bottom Line
Debt traps us, but God's generosity and self-control free us to love others
Try Today

Make a plan to reduce at least one debt payment this month, even if it's a small amount

Prayer

Jesus said, 'Come to me, all you who are weary and burdened, and I will give you rest.' (Matthew 11:28)

Heavenly Father, I confess that I have at times been a slave to debt, valuing money more than Your wisdom. Forgive me for the times I have 'wandered from the faith' and opened myself to 'many griefs' through the love of money. Help me to be generous and self-controlled, storing up what is wise rather than foolishly spending. Give me the courage to make a plan to reduce my debts, trusting in Your provision. In Jesus' name, Amen.

📚 Read Proverbs 22 to explore more of God's wisdom for financial stewardship

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