DEBT

The scriptures speak clearly of debt as a state that should be avoided. We are to live debt free as much as possible in our lives.

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"You were bought with a price; do not become slaves of men" (1 Corinthians 7:23).

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We are commanded not to be the servants of others, only God. However, not all debts are avoidable. In times when debt becomes a necessity of living in this world, we should remember to repay our debts and dependencies, as God has commanded us. And when it is within our power to give to others regardless of circumstance, we should not shun our fellow man either.

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"Do not withhold good from those to whom it is due, when it is in your power to do it. Do not say to your neighbor, “Go, and come back, and tomorrow I will give it, when you have it with you" (Proverbs 3:27-28).