Christian Lenders | Should Lending Be Abolished?

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This week I’m continuing to think through the implications of the statement: the borrower is slave to the lender.  How does this impact Christian loans and Christian lenders?

Perhaps, I’m wrong, but taken at face value, this passage (Prov. 22:7) seems to indicate that any Christian who lends would then be a master.  Since the Bible says we have only one master, then it seems as if it would be wrong to lend because we would be making ourselves masters over others.  Why would any Christian want to put another person into bondage?  We have been set free by Jesus Christ so there is no reason to once again subject ourselves or another to bondage.  Could we read Romans 6:1-4 and apply that to Christian lenders, bondage, and borrowing?

Why don’t we attack Christian lenders with the same passion as we would human slave masters?

And I do continue to lend money.  I lend money because I think the Bible says it can be an act of kindness.

How Christian Lenders and Loans is a Gracious Act

  • Rather be openhanded and freely lend him whatever he needs. (Deuteronomy 15:8 NIV)
  • They are always generous and lend freely; their children will be blessed. (Psalm 37:26 NIV)
  • Good will come to him who is generous and lends freely, who conducts his affairs with justice. (Psalm 112:5 NIV)
  • And if you lend to those from whom you expect repayment, what credit is that to you? Even ‘sinners’ lend to ‘sinners,’ expecting to be repaid in full. (Luke 6:34 NIV)

These passages seem to indicate that helping others through a loan is a function of God’s social justice.  Christian lending can indeed be an act of compassion.

Two Types of Christian Lending In the Bible

How can the Bible, on one hand, have so many negative things to say about borrowing and then, on the other hand, have anything positive to say about lending?

The reason is because of greedy lending.  This is one where people take advantage of the poor (Ps 112:5), charge excessive rates (Ezk. 18:13), and take away items essential for life (Ex. 22:26).  Compassionate lending is the opposite.

How Christian Lenders Can Loan As An Act Of Kindness

  1. The nature of the loan itself – are the terms and rates reasonable?
  2. The nature of the one who offers the loan – is the lender flexible, compassionate, and concerned about the needs of the borrower?
  3. The nature of laws – does the law give any right to the lender?
  4. The nature of need – is the item borrowed worth the risk of borrowing?

Therefore, in these cases I would say the borrower is not slave to the lender, but the lender is servant to the borrower.  This is a rare and countercultural type of helping.  This is the very type of lending that God encourages his people do.  Ultimately, when the Bible speaks against lending and borrowing, it is doing so without compassion and excessive borrowing is the focus.

My Personal Example

I have one outstanding debt – a house loan.

But, I didn’t get my loan through a regular financial institution.  Living overseas, I would have been looking at a 10+% loan to buy a home.

Seven families I know banded together and offered my family a loan to buy a home.  I viewed and still view that loan as an act of kindness.  Basically because it conforms to the conditions where lending can be kindness.

That loan is a blessing to my family.

Do you think lending can ever be a blessing?  If lending can be a blessing, can there ever be a situation where you lend to someone and you do not enslave them?

Comments

  1. Dav says

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    • Kathy says

      Im in need of a loan asap. My friend is. Deployed to afghanistan and left me a package with his computer and phone with a courior co. Should be shipped to me but i dont have the 1200$ for the s/h charges. I only have a few days to receive it. Csn you help me?

  2. Lorraine says

    I need a mortage because of divorce. I can pay everything but my debt ratio is 50 can u please help me

    • Vicki says

      I would really like to talk to someone about a loan. I am a Christian and have a great credit score. I just helped some other people and it got me into a mess when they were unable to pay me back.

      Thank you so much,

      Vicki

        • says

          Dear Mr. Bryan,

          I sent a request for financial help on May 7, 2017 and you replied on Sept. 11, 2017. I have never done anything like this before, but I really need some help if possible. I am an honest, trustworthy person, and pay all my bills. I owed nothing except for my home and living expenses until I helped some people who have been unable to pay me back right now. I then had some unexpected expenses such as a broken dryer and air conditioning unit. I had to resort to credit cards and the interest is what’s hurting me. I simply can’t get ahead. I’m extremely depressed because my tithes have been diminished as well as other charities I usually give to.
          If there is any way I can get some reprieve, I would be very grateful and promise to repay every cent!

          Respectfully,

          Vicki Galloway

  3. Bella Seaton says

    I just read the first section and then stopped. Those scriptures you are referring to is taking out of context. Christ made us free to sin not to the world because we all have to live in the world. The bondage he is talking about is spiritual bondage to sin. The scriptures also talks about those that have to be in subject to their earthly masters on earth.1 peter 2:18 We all have employers who is in the same likeness to masters.

    The master he is referring to in the other scripture as one master…is.. one father in heaven.. God the supreme.. because he says in another scripture you can not serve two masters…. Satan and Christ..you have to choose which one and then serve him.

    You can not use Romans 6;1-4 for lenders because it was not for lenders but for the body of Christ, the church… Paul was telling them not to sin willingly and think that they will be covered under grace… when you are baptized into Christ you put off sin.. that mean you dont willfully sin and be like im okay before God because i am covered under grace…being wicked on purpose. Christ came to give us a way to make it to heaven but if we have the mind to be wicked then why did he come..

    But i can go on and on… but i just wanted to correct that for those reading with no understanding of the scriptures used.

    as for lending… as long as the person is not greedy of gain and lending with extreme high interest…. as long as they are just in their dealings..i dont see how that is wrong and back in the old day the children of israel lended to each other but after 7 years they release each other from those loans…

    its when people become greedy…thats when its wrong..

  4. Thomas Fletcher says

    looking for a loan of around 650.00 ( for purchasing a replacement vehicle . my vehicle is in terrible shape to be driven safely ) all places i have tried have turned me down . is there someplace i can try to get this without getting a payday loan ?

  5. says

    Honorable Sir,
    I am Warren Quiah, Christian and small business Owner in Bangladesh. . My aim is to develop the lives of poor, hungry and suffering people by using their working skill as such we need your kind co-operation and help .
    We export Raw jute, jute bags and all kinds of fashionable shopping jute bags, Braided jute ropes etc.
    Lau hala mats, Baskets and Ropes etc.
    For your kind information I worked with CRS ( Catholic Relief Services ) and CORR ( Christian Organization for Relief and Rehabilitation ).
    So if you place some orders every year and provide finanace small amount ( Adv.T.T. according to your order ) to our organization we can complete the prodcution asap to ship for you and thus this poor people can survive, get food, clothing, treatment,whilst they are sick, send their children to the School for education and their children will find out the way to build up their lives on the other hands you will be benefited as you will get your products in time with most competitive prices for humanity sake.
    I can bring donation if I try seriously but they will eat and wait for next help and pass idle time. This bad practice will go life long if they earn through their works they can develop their lives and will be self depended and will not beg and depend on the others, their children will learn and follow the right way.
    Your kind help and co-operation can change many poverty and hunger people lives .
    Awaiting your kind respond.
    Have a great day.

    Best regards.
    Your Sincerely,
    Warren Quiah
    CEO
    SHELTER A.G
    Road No. 13
    House No. 675
    Baitul Aman Housing Society
    Adabor
    Dhaka-1207
    Bangladesh
    Cell : 0088 167 4004 556, 183 5868 409

  6. says

    Hello sir, I work with a christian Bible College college and really need loan to build our national mean office, in Liberia can you help us with $5000.00Us loan, we need it in the course of one monthm is my phone number 0886712712. Pls reply me a soon as possible.

  7. says

    I am a Christian Business woman seeking financial backing for not only my small business expansion (need to move candle & soap operation out of the house because of my husbands health issues – end stage lung disease) but also for my therapeutic sensory product ministry. I have been making weighted therapy blankets for families in need (ASD, ADHD and veterans with PTSD). I have contacted Kosair Charities and the Veterans Administration for sponsors to help fund, but I am not getting anywhere.
    So far in 2017 I have gifted 17 blankets to families without collecting ….. from anyone. I have been funding this with my $286/week part time job.
    Can you help? If not, that is ok …..but could I ask for prayers to fund?
    Thank you in advance for your consideration!

  8. Jodi says

    I am looking for a private lender I am a lifetime Christian. I have two wonderful children but have had many trials and hardships. I was a single mom for many years. I have many health issues and have incurred debt as a result makes nag bank consolidation loans impossible. I make a very good salary, am honest, responsible and ethical. I would be grateful if there is any such thing as private individuals who borrow money to private schools ndividuals.

  9. Jodi says

    I am looking for a private lender I am a lifetime Christian. I have two wonderful children but have had many trials and hardships. I was a single mom for many years. I have many health issues and have incurred debt as a result making bank consolidation loans impossible. I make a very good salary, am honest, responsible and ethical. I would be grateful if there is any such thing as private individuals who borrow money to private individuals.

  10. says

    How strange, or is it?, that I should, today, open your email. I admit, that I have just been bypassing them on seeing them. I am a South African state pensioner. Pension is +-$123.07. I am trying to earn money online … typing or whatever, but cannot get any because these advertisers want payment at the start and I do not have the money. I need at least $500, repayable over +-6 months, but finding it has been difficult and unsuccessful thus far. But the thing that I will never understand is the attitude of “Christians?”. Ask for financial help and there is a reason why they cannot help you. It seems that only certain sections of the Bible are the way to go. In this email you mention Luke 6:34, but you should also mention Luke 6:35. I was just reading it this morning. However, I am just going to trust that God will help me. I am being forward, my apologies, but do you know somebody who would be willing to lend me at least +-$500, repayable over +- 6 months. This is so that I can pay what the advertisers want plus keep some creditors (like my mortgage provider) at bay until I can start earning some money. I am now not even giving less food to less fortunate people knocking at my door, because I do not have as much as before. My goal, with God’s help, is to help the many around me, near my area who have less. But it will come to pass. Please keep me in prayer. Visit me on Google maps, maybe later in person, at 1 Golf Road, Fairways, Cape Town, South Africa. If someone you know is coming to Cape Town they are welcome to visit me and I will gladly show them around Cape Town and our countryside (farming areas etc.). God Bless you in what you are doing. May His face shine upon you and give you his peace (which I know you already have). Jonathan Daniels

  11. James ADKINS says

    I am in need of a personal loan, for debt consolidation and to re-start a business..,
    For 9 years I have been in a deep valley, full of trials and tribulations..,, I understand The Book of Job. I am experiencing what He did,
    I am employed full time, it’s just that work is very unstable., Good Weeks and Slow or “short” Weeks,
    My Faith and Personal relationship with GOD and Jesus are close.., right now like many others I am at the foot of the cross, or the bottom of the throne, asking for peace in my life again…
    I would greatly appreciate it and be extremely thankful to be considered for assistance.
    Whatever GOD’s Will be, So Be It, HIS Will Be Done.
    Thank You,
    James

  12. peter says

    I am a god fearing, honest, trustworthy employed person. i am in need of a $5000 personal to continue operating my business. i will pay 20% interest on your money. please help if you can

  13. Brown Kalela says

    Dear Brethren . I urgently need a loan of USD 25,000 topay off debts that i have accumulated.
    I have very good business ideas that i can share with people who can help me pay off the USD 40,000.

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