Wise Use of Credit

Owe no one anything, except to love each other,
for the one who loves another has fulfilled the law. 

– Romans 13:8

The first time I sensed I might have a problem with debt was when I applied for yet another consolidation loan and was refused. When I calculated what my basic monthly expenses were, including my monthly minimums, I was shocked to realize that I could no longer live merely on a cash basis without being subsidized by a credit card. I was caught in the debtor’s common symptom of “terminal vagueness.”

 –  A Currency of Hope

 

And I will lead the blind in a way that they do not know, in paths that they have not known I will guide them. I will turn the darkness before them into light, the rough places into level ground. These are the things I do and I do not forsake them.

 – Isaiah 42:16

Debt Warning Signs

Do not steal. Do not lie.
Do not deceive one another.
Do not defraud your neighbor or rob him.

 – Leviticus 19:11-13,15

https://www.youtube.com/watch?v=msY45I1pfqo

For where your treasure is,
there your heart will also be.

 – Matthew 6:21

Responsible Use of Credit

The wicked borrows but does not pay back, but the righteous is generous and gives. 

  – Psalm 37:21

Do not be a man who strikes hands in pledge or puts up security for debts;
if you lack the means to pay, your very bed will be snatched from under you. 

 – Proverbs 22:26-27

Types of Credit

The rich rule over the poor, and the borrower is slave to the lender.

 – Proverbs 

Owe no one anything, except to love each other, for the one who loves another has fulfilled the law.

 – Romans 13:8

Checking Your Credit Rating

Be strong and courageous. Do not be afraid; do not be discouraged, for the Lord your God will be with you wherever you go.

 – Joshua 1:9

The people dwelling in darkness have seen a great light, and for those dwelling in the region and shadow of death, on them a light has dawned.

 – Matthew 4:16

The Lord’s Prayer

Our Father, who art in heaven,
hallowed be thy name;
thy kingdom come;
thy will be done;
on earth as it is in heaven.

Give us this day our daily bread.
And forgive us our trespasses,
as we forgive those who trespass against us.

And lead us not into temptation;
but deliver us from evil.
For thine is the kingdom,
the power and the glory,
for ever and ever.
Amen.

 

 

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