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“The borrower is servant to the lender” (Proverbs 22:7).
“Owe no man any thing” (Romans 13:8).
Today almost every adult has at least one credit card, and they are very handy when you go shopping, for then you do not need to carry a lot of cash. However, they have also made it easy for people to get into debt, and sometimes big debt. As I write this in February, 2024, here in Canada 92% of those who have credit cards are unable to pay off their balance when it is due. Then they end up paying a huge amount of interest on the money they owe.
If you are a young person, and perhaps do not have a credit card of your own yet, these verses give good advice. Make a firm resolve not to use a credit card unless you have the money in the bank to pay it off. That way you will not get into debt, and you will honor the Lord by not owing money that you cannot pay. Also, you will save yourself a lot of worry and stress.
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