Proverbs 22:7 indicates that debt enslaves the debtor to the lender. Contrary to what some teach, however, the Bible does not condemn the concepts of lending and credit. In fact, several laws regulated credit and lending among God's people Israel (Ex. 22:25-27; Lev. 25:35-37; Deut. 24:10). Credit, while not evil in itself, becomes a snare when misused and abused. Abusing credit results in sinful debt.
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Pastor Monte, senior pastor of Faith Baptist Church in Avon, IN, was saved as a boy in January of his 8th grade school year, where he attended Fourth Baptist Christian Day School in Minneapolis. By 9th grade, the Lord had called him to preach under the ministry of his youth...
