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Up ] [ The Bible on Debt ] The Bible on Prosperity ] The Bible on Money ]

THE DEFINITION OF "DEBT"

The word opheile (of-i-lay') means "That which is owed" - PERIOD!

-Many "conventional" experts (even Christian financial experts) define debt as, "money borrowed on an item of depreciating value, thus implying that borrowing money on appreciating items is not debt -- this is simply not brought out in the Biblical Definition!-Romans 13:8 says " Let no debt remain outstanding..."

Let no debt remain outstanding, except the continuing debt to love one another, for he who loves his fellow man has fulfilled the law"

-No debt means NO DEBT!... To be debt-free then is to live according to Romans 13:8.

 A Bible Study on Debt & Prosperity ]

The Bible on Debt ] The Bible on Prosperity ] The Bible on Money ]