Romans 13:7 Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honor to whom honor. 8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.
Very much is made of a high credit score, and indeed, it has become a badge of honor in our day, where those who have excellent credit are rewarded, and favored more than those who don’t. But the scriptural perspective on credit is to avoid it wherever possible, for if persons are not very, very careful, they can become trapped in one of satan’s most successful and favorite snares, which he lays for the feet of the unwary, including governments.
For instance, the debt ceiling right here in the U.S, was originally set at 11.5 billion in 1917, which then limited the government’s ability to burrow, to the set figure. But in 1939 it was increased to forty-five billion, in order to cover the growing expenses of the government. The fed would have hoped that spending would be constrained and that monies thus burrowed would be paid back as soon as possible, so as to extricate itself from a debt spiral in the wrong direction.
That has always been the upfront intention with persons and governments, but in reality, intention does not always synchronize with practice when it comes to the issue of credit. In fact, the road to destruction is often paved with good intentions and some have discovered the hard way that merely having good intentions might not prevent an adverse outcome.
Proverbs 14:11 The house of the wicked shall be overthrown: but the tabernacle of the upright shall flourish. 12 There is a way which seems right unto a man, but the end thereof are the ways of death.
May God add His blessing to the study of His word. “Good night” and God bless!