Owe no man anything.

ALAYMAN

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Rom 13:8  Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

This verse has been used to prohibit taking out loans.  Do you subscribe to this understanding and application of this verse?
 
ALAYMAN said:
Rom 13:8  Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

This verse has been used to prohibit taking out loans.  Do you subscribe to this understanding and application of this verse?
When you make an agreement, you only 'owe' when you are late on a payment. 
'The borrow is servant to the lender' is more appropo.

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I have a goal (plan) of becoming debt free.

Good way to live.  Has not always seemed feasible to me (house, hospital, etc).  It is true that when you are in debt, even what some call good debt, you are limited in the flexibility you have to give.

Taken in context, this verse is the first of a section on love.  Sure, apply it to personal finance.  But, more appropriately, we owe others love.  Love is not something that is earned or deserved, it is something that we owe others.  Consider the good Samaritan.  As we have freely received, so give.  What do I owe others as a Christian?  To love them.  The rest of the passage tells us how to love and properly represent Christ (Love vs. Lust).


 
ALAYMAN said:
Rom 13:8  Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

This verse has been used to prohibit taking out loans.  Do you subscribe to this understanding and application of this verse?

I like the question; I have heard it used the way you say.  However, the context is not financial (as others here have said). I think it is wise to strive to be financially out of debt, but that is not always possible for everyone. We would be a better society if people (and governments!) lived within their means.
 
Walt said:
ALAYMAN said:
Rom 13:8  Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

This verse has been used to prohibit taking out loans.  Do you subscribe to this understanding and application of this verse?

I like the question; I have heard it used the way you say.  However, the context is not financial (as others here have said). I think it is wise to strive to be financially out of debt, but that is not always possible for everyone. We would be a better society if people (and governments!) lived within their means.

The context is owing money to civil authority.

There are many examples of "borrowing money" in the Scriptures. It interesting to note that unjust "usury" is forbidden in the Scriptures. Even lending to the poor and charging "usury" was forbidden to Israel.
 
Romans 13 (NKJV)
8 Owe no one anything except to love one another, for he who loves another has fulfilled the law. 9 For the commandments,
 
samspade said:
Romans 13 (NKJV)
8 Owe no one anything except to love one another, for he who loves another has fulfilled the law. 9 For the commandments,
 
Bravo!

Doctrine that can only be supported by cherry-picking a choice phrase from the Bible is typically bad doctrine.
 
christundivided said:
...

John Gill wrote of the verse
Owe no man anything,.... From the payment of dues to magistrates the apostle proceeds to a general exhortation to discharge all sorts of debts; as not to owe the civil magistrate any thing, but render to him his dues, so to owe nothing to any other man, but make good all obligations whatever, as of a civil, so of a natural kind.

Any reason you snipped Gill's quote where you did? ;)  He goes on to say...


Moreover, pecuniary debts may be here intended, such as are come into by borrowing, buying, commerce, and contracts; which though they cannot be avoided in carrying on worldly business, yet men ought to make conscience of paying them as soon as they are able.

The point of the passage is not that debt is always evil and forbidden for the Christian, but that we ought to not defraud other people of what is due them, and in that regard, most of all we ought to love people.  If we just did that, and loved God, all the law would be fulfilled.  At least that's what I've heard.  ;)
 
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