SmokingFlax
Puritan Board Sophomore
Where should the believer draw the line at incurring debt?
In my early fundamentalist days I held pretty tightly to the verse in Romans (13:8) about owing no man anything but love...(the love part being more difficult than the debt part for me). And, fortunately, I only find myself about $1,000.00 in debt today (from old b.c. student loans).
I have, since then, come across some ideas about debt taken from the OT wherein it is lawful to go into debt if you are able to pay it off before the sabbath year (7 years later).
How does one reconcile these two ideas? Especially when it comes to purchasing a home (or land). It seems, unless one is independantly wealthy -which I am not, one must take on a huge amount of debt...which breaks BOTH laws!
In my early fundamentalist days I held pretty tightly to the verse in Romans (13:8) about owing no man anything but love...(the love part being more difficult than the debt part for me). And, fortunately, I only find myself about $1,000.00 in debt today (from old b.c. student loans).
I have, since then, come across some ideas about debt taken from the OT wherein it is lawful to go into debt if you are able to pay it off before the sabbath year (7 years later).
How does one reconcile these two ideas? Especially when it comes to purchasing a home (or land). It seems, unless one is independantly wealthy -which I am not, one must take on a huge amount of debt...which breaks BOTH laws!