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Finance Tip of the Day

What’s My Obligation as a Lender?

  • 2018 6 Apr
What’s My Obligation as a Lender?


What’s My Obligation as a Lender?

Both the Old and New Testaments speak to the subject of lending and address the abuse with lending practices. As believers we are admonished to lend to those who are in need, to lend to the poor, without expecting anything in return.  In Luke 6:34 we read: “And if you lend to those from whom you expect to receive, what credit is that to you? Even sinners lend to sinners, to get back the same amount.”

When we lend, our motives should be pure. When those who borrow from us cannot repay, we should release them from the burden of debt and not hold a grudge. Yes that’s very hard to do, but God’s ways are much different than the world’s ways.

Today's tip brought to you by Mvelopes and Money4Life Coaching.

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