Search results for: debt

Leviticus 25 ordains a sabbath year, one in every seven (Lev. 25:1-7), and a jubilee year, one in every fifty (Lev. 25:8-17)...

What Finance Is

Finance is that human activity whereby we allocate or exchange resources with respect to time. For the most part this article concerns external exchange—that is, borrowing, lending and investing—rather than allocation of resources...

Instruments

Financial instruments are promises between two or more parties with differing resource needs which are tailored to allow both parties to be prudent risk takers when the future is unknown. As argued above...

Prices

Prices in financial markets are expressed as expected rates of return on financial instruments, which in debt instrument are quoted as interest rates.[1] Why exactly would the borrower and saver agree to pay...

Can a Market Exchange Really Be Love?

The question of prices raised two questions about finance as a form of love. First, can love be expressed in a market...

Does the Bible Prohibit Charging Interest?

Another question is whether financial prices—interest in particular—are prohibited by the Bible. For centuries Christians have debated the applicability of the biblical...

Exploitation of Borrowers

Financiers have a duty to lend profitably, but they are not to profit from the vulnerability of borrowers. You shall not lend them [people in difficulty] your money at interest taken in advance...

Unproductive Use of Proceeds

God’s intent is that finance be a form of sharing, over time, among borrowers and lenders. There is only something to share if the loan makes increased productivity possible. So borrowers and lenders...

Making Lending Decisions

How does our finance theology inform whether to make a loan to a particular customer and at what interest rate? Several of the foundations of biblical finance come to the fore here. First...

The Right Amount of Debt

Can biblical principles help us determine how much to borrow or when to borrow? Several of the biblical foundations of finance can help. First, we inhabit God’s time-bound world with social cycles and...

Offering Collateral to Get a Loan

We explore some of the biblical passages about collateral in the section, “Bankruptcy, debt forgiveness and loan modification”. The mainstream Christian view is that using your house as collateral for a loan is...

Bankruptcy, Debt Forgiveness, and Loan Modification

The created foundations of finance include our creation as social beings who take risk and do not know what the future holds...

Nehemiah - A Positive Role Model

Nehemiah is one biblical character whose attitudes, lifestyle, strategies and priorities work together to change society for the betterment of poor people. As governor of the city of Jerusalem—working for a foreign power—he...

Elisha’s Restoration of a Household’s Financial Solvency (2 Kings 4:1-7)

After one of the prophets in Elisha’s circle died, his family fell into debt. The fate of...

Ezekiel the righteous man does not oppress but restores to the debtor his pledge ezek 18 5 7

Ezekiel 18:5, 7 - The Righteous Man Does Not Oppress, but Restores to the Debtor His Pledge

This principle combines the general sin of oppression (Heb. daka) with the specific sin of not returning...

Credit Card

More than half of North Americans have a credit card in their wallet or purse.

Debt

Ben Franklin once said that it was better to “go to bed supperless than run in debt for breakfast.”

The Needs of the World

The first consideration is the needs of the world. The single strongest indicator of what God wants you to do is probably your awareness of what needs to get done to make the...

The Sabbath Year and the Year of Jubilee (Leviticus 25)

Leviticus 25 ordains a sabbath year, one in every seven (Lev. 25:1-7), and a jubilee year, one in every fifty (Lev. 25:8-17)...

The question of prices raised two questions about finance as a form of love. First, can love be expressed in a market...

Does the Bible Prohibit Charging Interest?

Another question is whether financial prices—interest in particular—are prohibited by the Bible. For centuries Christians have debated the applicability of the biblical...

Exploitation of Borrowers

Financiers have a duty to lend profitably, but they are not to profit from the vulnerability of borrowers. You shall not lend them [people in difficulty] your money at interest taken in advance...

Unproductive Use of Proceeds

Making Lending Decisions

How does our finance theology inform whether to make a loan to a particular customer and at what interest rate? Several of the foundations of biblical finance come to the fore here. First...

The Right Amount of Debt

Offering Collateral to Get a Loan

Bankruptcy, Debt Forgiveness, and Loan Modification

The created foundations of finance include our creation as social beings who take risk and do not know what the future holds...

Nehemiah - A Positive Role Model

Elisha’s Restoration of a Household’s Financial Solvency (2 Kings 4:1-7)

After one of the prophets in Elisha’s circle died, his family fell into debt. The fate of...

Ezekiel 18:5, 7 - The Righteous Man Does Not Oppress, but Restores to the Debtor His Pledge

This principle combines the general sin of oppression (Heb. daka) with the specific sin of not returning...

Credit Card

More than half of North Americans have a credit card in their wallet or purse.

Debt