Is Borrowing Money a Biblical Principle? II

Is Borrowing Money a Biblical Principle? II by DAVID C. FRIEND for Charisma News Click HERE for Part I Whenever we discuss the issues of borrowing money, there are three particular areas of concern to most of those I address. They desire to know if it is a good decision to co-sign or guarantee someone’s loan. Then I am asked when it is smart to obtain a loan consolidation. The topic of how to get out of debt is always brought up. Therefore, allow me to give my thoughts on…

Is Borrowing Money a Biblical Principle?

Is Borrowing Money a Biblical Principle? by DAVID C. FRIEND for Charisma News The subject of borrowing money is somewhat controversial in the Christian community. I have heard certain preachers warn us about the evils of borrowing. In addition to that, I’ve spoken to individuals who say they pay cash for everything and would never borrow money. If they don’t have the money to pay cash for it, they believe they don’t need it. Now some of this is a little extreme, and some of it is good advice. Allow…