If Debt is Slavery, Is it a Sin to be in Debt? (Ep. 155)

February 12, 2024

The Bible says a lot about debt and slavery and teaches that the two are tightly connected, going so far as to say “the borrower is a servant (slave) of the lender”. And as Christians, when we read God’s word, it is our duty to take God’s commands and instructions seriously. But if you asked the average Christian if slavery is bad and then examined the amount of debt they have, would you come away with the sense that their stated beliefs and actions were in alignment?

In this episode, we want to deal with what God’s word says about debt and slavery. In doing this, we discuss the purposes for which God created debt, how we should think about freedom vs bondage, and even how this is different for the individual Christian than for a local church body. We even want to push back on our view of slavery itself as Scripture uses slavery to demonstrate both positive and negative aspects of our physical and spiritual lives. This is important, because part of the Christian life is keeping our minds from being conformed to the world but allowing them to be transformed through the renewing that God’s word and spirit bring upon all who faithfully abide in Him.

Topics discussed:
What is debt? What is slavery?
Are mortgages good or bad?
Is it better to rent or be a homeowner?
How the United States has structured its laws and policies to favor debt
How God uses debt and slavery to accomplish his purposes.
Why not paying back debt is evil and is a sign of being unsaved
What debt and slavery shows us about man’s relationship to God (and sin)
How should we treat the poor?
How living beyond our means is a rejection of God’s sovereignty and being carnally minded and covetous
Why churches shouldn’t take out a loan to buy a building
What does it mean to be free to serve the Lord Jesus Christ?

Listen to the audio version here: https://theconqueringtruth.com/2024/02/if-debt-is-slavery-is-it-a-sin-to-be-in-debt-ep-155-audio/

Thumbnail image by nikcname on Flickr under CC BY

Timecodes
00:00:00 The Meaning of Slavery
00:08:55 How Debt is Slavery
00:15:57 Mortgages
00:21:15 Requirement to Repay
00:31:24 Debt as Metaphor
00:34:37 Businesses Based on Debt
00:43:59 When Debt Makes Sense
01:03:558 A Word for the Debt Haters
01:12:49 Church Debt

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