As published in our October 30th bulletin
God would love to see His children living debt-free lives. But, as stewards of the money that He has entrusted to us, we have a free will to do what we wish with it. We can choose to give it, save it, spend it, or even spend more than we have. To cover this excess spending, we must borrow money directly or use some form of credit to pay for it, (for example, a credit card), which is borrowing from the credit card company. Proverbs 22:7 teaches us, "
The rich rule over the poor, the borrower is servant to the lender". Thus, we have voluntarily placed ourselves in financial bondage to the credit card company at a high rate of interest. We should be extremely cautious how we use credit!