Right now your mind is probably going off in every direction. Is it a sin to borrow money? Oh, my goodness, I’ll never get by without borrowing money! My church even borrows money—surely, my church can’t be wrong!, etc., etc.
First of all, we are not saying it’s a sin for you to borrow money. But we didn’t say it was not a sin either. That’s for you and God to determine. As you seek His will on the matter, however, be sure to seriously consider what He’s already said about the subject in His Word. For example: “Keep out of debt and owe no man anything, except to love one another” (Romans 13:8). “When the Lord your God blesses you as He promised you, then you shall lend to many nations, but you shall not borrow; and you shall rule over many nations, but they shall not rule over you” (Deuteronomy 15:6).
“The Lord shall open unto thee his good treasure, the heaven to give the rain unto thy land in his season, and to bless all the work of thine hand: and thou shalt lend unto many nations, and thou shalt not borrow. And the Lord shall make thee the head, and not the tail; and thou shalt be above only, and thou shalt not be beneath; if that thou hearken unto the commandments of the Lord thy God, which I command thee this day, to observe and to do them” (Deuteronomy 28:12-13). “The borrower is servant to the lender” (Proverbs 22:7). Those scriptures speak for themselves.
It is your decision whether you want to be the head and not the tail. Furthermore, when you borrow and go into debt to someone else, you look to him as your source of supply. Wouldn’t you rather have God as your source?
You’re probably wondering, Do you think God would enable me to pay off my debts that fast? Well, how serious are you about the Word? How much time and attention are you willing to give it? How obedient are you willing to be? God is no respecter of persons, but He is a respecter of faith. He’s a respecter of obedience.
So, it’s really up to you, isn’t it? However you choose to measure it, is how He’ll measure it back to you. As you look at your situation right now, You may be thinking, Well, what can I do? I’m already up to my neck in debt. You may not be able to see how on earth you could ever get out of debt, much less stay that way. Don’t worry.
The bottom line is, you have to trust God! If you want to be free, just make a commitment before God to get out from under those debts. It won’t happen overnight, but it will happen if you’ll obey God and stay on the Word.