How did I end up with a debt I can't pay?

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TheoQA Christian Guidance · Accepted Answer

**The Debt Trap: A Christian Perspective**
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**Understanding the Concept of Debt**
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From a biblical perspective, debt is not inherently wrong. In fact, the Bible encourages lending and borrowing as a way of showing kindness and compassion to others (Proverbs 19:17, 22:7). However, debt becomes a problem when it leads to financial hardship and stress, making it difficult to meet our obligations. As Larry Burkett notes, the scriptural definition of debt is the inability to meet obligations agreed upon. This definition highlights the importance of being responsible and realistic when taking on debt.

**The Consequences of Unpaid Debt**
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Unpaid debt can lead to severe consequences, including financial ruin, damaged credit scores, and strained relationships. When we fail to pay our debts, we not only harm ourselves but also those around us who may be affected by our financial struggles. As the Bible warns, "The wicked borrows and does not pay back, but the righteous is generous and gives" (Psalm 37:21). In contrast, those who fail to pay their debts demonstrate a lack of integrity and responsibility.

**Breaking Free from Debt**
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So, how did you end up with a debt you can't pay? The answer lies in being honest with ourselves about our financial decisions and taking responsibility for our actions. We must be careful not to take on more debt than we can handle, and we must prioritize paying our debts as soon as possible. As the Bible advises, "Do not be among those who shake hands in a pledge, one of those who look for the guilty and hasten their own punishment" (Proverbs 17:18). By being wise and responsible with our finances, we can avoid the debt trap and live a life that honors God.

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