I was chatting with a friend today, and the issue of debt came up. Now I see debt as a bad thing. I don’t think having debt is in line with leading a holy life. My friend, however, disagreed. Now my view of debt is probably most firmly rooted in the following verse:
Owe nothing to anyone except to love one another; for he who loves his neighbor has fulfilled the law.
(Romans 13:8, New American Standard Version [NASB])
The question is, have I got it wrong? Have I taken this out of context? Is debt actually ok? Does it make a difference if it is short-term debt? Does it matter to whom you owe the debt? Are mortgages and student loans different?
Or are all these questions really just looking for an excuse to go against what the Bible says? Contributions welcome…