Bible Verses About Borrowing: What Scripture Teaches About Debt and Financial Wisdom

Borrowing money is a common part of modern life. From student loans and mortgages to credit cards and personal lending between friends, debt has become almost unavoidable. But what does the Bible say about borrowing? Is it always wrong, or are there principles that guide believers toward wise financial decisions?

In this post, we’ll explore Bible verses about borrowing, uncover biblical principles related to debt, and offer practical insights for applying God’s Word to your financial life. Whether you’re considering a loan, managing debt, or simply seeking biblical wisdom, this guide will help you align your finances with Scripture.

What Does the Bible Say About Borrowing?

The Bible does not outright forbid borrowing. However, it offers clear warnings, principles, and guidance about debt and financial responsibility. Scripture consistently emphasizes wisdom, stewardship, and trust in God over dependence on lenders.

Let’s explore some powerful Bible verses about borrowing and what they mean.

1. The Borrower Is Servant to the Lender

One of the most well-known Bible verses about borrowing comes from Proverbs:

“The rich rules over the poor, and the borrower is the servant to the lender.” — Proverbs 22:7 (ESV)

What This Means:

• Borrowing places you in a position of obligation.
• Debt creates a form of financial bondage.
• Financial freedom is limited when you owe money.

This verse doesn’t condemn borrowing outright, but it provides a sober warning: debt reduces independence. When you borrow, you give the lender a degree of control over your finances—and sometimes even your life decisions.

Key takeaway: Borrow cautiously and fully understand the responsibility you’re accepting.

2. Borrowing in the Old Testament: A Blessing or a Curse

In Deuteronomy, God describes blessings for obedience to Him:

“You shall lend to many nations, but you shall not borrow.” — Deuteronomy 28:12

Later, borrowing is described as part of a curse for disobedience:

“He shall lend to you, and you shall not lend to him… he shall be the head, and you shall be the tail.” — Deuteronomy 28:44

What We Learn:

• Lending is associated with stability and blessing.
• Chronic borrowing is linked to financial distress.
• God desires His people to live in freedom, not constant debt.

While this passage speaks specifically to Israel under the Old Covenant, the principle remains relevant: financial health is preferable to financial dependence.

3. The Bible Encourages Responsible Lending and Borrowing

Interestingly, Scripture doesn’t forbid lending or borrowing between individuals—especially when helping those in need.

“If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him.” — Exodus 22:25

This verse teaches compassion in financial dealings. The emphasis is not on exploiting the borrower but helping them.

Biblical Principles from This Passage:

• Do not exploit someone in need.
• Show mercy and fairness.
• Financial transactions should reflect God’s character.

For believers today, this translates into ethical financial practices and compassion toward those facing hardships.

4. Counting the Cost Before Borrowing

Jesus taught a principle that applies directly to borrowing:

“For which of you, desiring to build a tower, does not first sit down and count the cost?” — Luke 14:28

Although this verse discusses discipleship, the principle applies broadly to wise decision-making.

Before taking on debt, ask:

• Can I realistically repay this?
• What are the long-term financial implications?
• Is this a need or a want?
• Have I prayed about this decision?

Borrowing without proper planning often leads to stress, strained relationships, and financial hardship.

5. The Importance of Repaying What You Owe

The Bible strongly emphasizes the responsibility to repay debts:

“The wicked borrows but does not pay back, but the righteous is generous and gives.” — Psalm 37:21

What This Verse Teaches:

• Repaying debt is a matter of integrity.
• Failure to repay is described as unrighteous behavior.
• Honoring financial commitments reflects godly character.

If you have borrowed money, making consistent efforts to repay it honors both God and the lender.

6. Avoiding the Trap of Cosigning

Another important biblical warning relates to guaranteeing someone else's debt:

“One who lacks sense gives a pledge and puts up security in the presence of his neighbor.” — Proverbs 17:18

Cosigning can make you legally responsible if the borrower fails to repay. Scripture urges caution because this arrangement can damage relationships and create financial strain.

Practical wisdom: Help others wisely, but avoid placing yourself in unnecessary financial jeopardy.

7. Trusting God Over Financial Dependence

At its core, the Bible directs believers to trust God as their provider:

“And my God will supply every need of yours according to his riches in glory in Christ Jesus.” — Philippians 4:19

While this doesn’t mean Christians will never face financial challenges, it reminds us that:

• Our ultimate security is in God—not credit or loans.
• Contentment protects us from unnecessary debt.
• Faith guides wise financial stewardship.

Borrowing should never replace reliance on God’s provision.

Practical Biblical Guidelines for Borrowing Today

Based on Scripture, here are key principles to follow:

✅ Borrow Only When Necessary

Distinguish between genuine needs (housing, education) and lifestyle upgrades.

✅ Have a Clear Repayment Plan

Create a realistic budget and timeline for paying off your debt.

✅ Avoid High-Interest Debt

Predatory interest can lead to long-term financial bondage.

✅ Maintain Integrity

Always honor your commitments and repay what you owe.

✅ Seek Wise Counsel

“Plans fail for lack of counsel, but with many advisers they succeed.” — Proverbs 20:18

Consult trusted financial advisors or mentors before making major borrowing decisions.

Is Borrowing a Sin?

A common question is: Is borrowing money a sin?

The short answer is no—borrowing itself is not inherently sinful. However:

• Irresponsible borrowing can lead to poor stewardship.
• Failing to repay debt is sinful.
• Trusting debt instead of God reflects misplaced priorities.

Scripture encourages believers to pursue wisdom, freedom, and financial responsibility.

Final Thoughts: Living in Financial Wisdom and Freedom

The Bible’s message about borrowing is not about restriction—it’s about freedom. God desires His people to live responsibly, wisely, and with integrity. While borrowing may sometimes be necessary, Scripture consistently warns against becoming enslaved to debt and encourages financial stewardship rooted in faith.

As you reflect on these Bible verses about borrowing, consider your own financial decisions. Are they leading you toward freedom—or toward dependency?

Pray for wisdom, seek counsel, and remember: God is your ultimate provider. When you honor Him with your finances, you move closer to both spiritual and financial peace.

If you found this guide helpful, consider exploring more biblical teachings on money management, stewardship, and financial freedom. God’s Word offers timeless wisdom for every area of life—including your wallet.