| Course | BUSI 223 Personal Finance (BUSI223) |
|---|---|
| Module/Week | 4 |
| Assignment | Biblical Response 2 |
| Paper type | Biblical response |
| Length | about 382 words, 1 double-spaced pages plus title page and references. Course guide: a written response that uses information from the assigned websites on the module/week's financial topic and completes the activity's requirements from a biblical perspective |
| Format | APA 7 student paper |
| Points | 30 |
| School | Liberty University Online |
| Program | BS in Business Administration |
| Where it sits | Module/Week 4 in Liberty's published BUSI 223 course guide; current sections can differ |
| Updated | October 2026 |
Free sample paper for BUSI 223 Week 4
Borrowing With Open Eyes: A Biblical Response to Credit Scores, Car Loans and Mortgages
[Student Name]
School of Business, Liberty University
BUSI 223: Personal Finance
Biblical Response 2
[Instructor Name]
[Date]
The assigned website and the activity's questions are a composite; the federal consumer website, textbook and Scripture cited are real.
Borrowing With Open Eyes: A Biblical Response to Credit Scores, Car Loans and Mortgages
What the Website Explains
The Consumer Financial Protection Bureau explains that a credit report is a record of how a person has used credit, kept by the nationwide credit reporting companies, and that a credit score is a number calculated from that report to predict how likely the person is to repay (Consumer Financial Protection Bureau, n.d.). Paying bills on time and keeping balances low relative to credit limits are among the most important ways to build a good score, while late payments and high balances lower it. The website also explains that consumers can get free copies of their reports and dispute errors.
Why It Matters for Major Purchases
Billingsley et al. (2017) show how a credit score affects the two largest purchases most people make, a car and a home. Lenders use the score to set interest rates, so a borrower with a weaker score pays a higher rate on the same loan. On a 30-year mortgage, even a difference of one percentage point adds tens of thousands of dollars in interest over the life of the loan. A credit score is, in practical terms, the price tag on every future loan.
A Biblical Perspective
Scripture does not forbid borrowing, but it is clear about its cost. Proverbs compares a debtor's position to servitude under the creditor (English Standard Version Bible, 2001/2016, Proverbs 22:7), a reminder that debt limits freedom. Psalm 37 contrasts the wicked, who borrow and do not repay, with the righteous, who are generous (English Standard Version Bible, 2001/2016, Psalm 37:21), which makes repayment a matter of character. Paul tells believers to owe no one anything except to love each other (English Standard Version Bible, 2001/2016, Romans 13:8); in context he is urging Christians to pay what they owe, including taxes and respect, rather than banning every loan.
Read together, these passages suggest that a Christian may borrow for a genuine need, such as a modest home, while counting the cost, borrowing no more than can be repaid and treating repayment as a moral obligation. A good credit score, earned by keeping promises to pay, is a practical result of that faithfulness.
Application
I plan to pay my one credit card in full each month, check my credit reports once a year and, when I buy a car, save a larger down payment so that the loan is small and short.
References
Billingsley, R., Gitman, L. J., & Joehnk, M. D. (2017). Personal financial planning (14th ed.). Cengage Learning.
Consumer Financial Protection Bureau. (n.d.). Credit reports and scores.
English Standard Version Bible. (2016). Crossway. (Original work published 2001)
What the BUSI 223 Week 4 instructions ask
BUSI 223's second Biblical Response is due in Module/Week 4, when the assigned sections of Billingsley et al. covers buying cars and homes and using credit, with a presentation and two websites. Students study the assigned credit website and then answer the activity's questions in light of Scripture. The response is worth 30 points. Exercise 4, the second Branching Problem and Quiz 4 are due at the same time, and the exercises in this module/week often involve calculating loan payments or comparing the costs of buying and renting, which makes a clear view of debt especially useful.
How this BUSI 223 Week 4 example is built
The response moves from information to reflection in three sections. The first summarizes what the federal website explains about credit reports and scores, including the factors that weigh most heavily. The second connects that information to the textbook's discussion of auto loans and mortgages, showing why the score changes the cost of borrowing. The third reflects on Scripture, reading three passages about debt together so that none is stretched beyond its meaning, and the response closes with a short personal application about using credit carefully. Each section is labeled, and the website, the textbook and every Bible passage are cited in APA style.
BUSI 223 Week 4 grading rubric: where the points go
Instructors grade the response on its accurate use of the website's information, completion of every part of the activity, and thoughtful application of Scripture to the topic. Strong responses show the student understands the financial mechanics, such as how payment history and credit utilization affect a score and how a score affects interest rates. They also treat Scripture carefully, avoiding claims the Bible does not make, such as that all borrowing is sin. A response that lists verses without connecting them to the website's information, or that summarizes the website without reflection, loses points. Headings for each part and a tidy reference list also help. Graders also notice when a response explains a financial term instead of assuming the reader already knows it. An honest application that a student could carry out this year shows the response was taken seriously.
BUSI 223 Week 4 help: mistakes that cost points
Read the website closely and take notes on its main points in your own words. Connect those points to the textbook's chapters on credit and major purchases, using an example such as a car loan. When you turn to Scripture, read each passage in context, and look for passages that present different sides of the topic, because the Bible's teaching on debt is more nuanced than a single verse. Avoid overstating what a verse says. End with an application you could actually carry out, such as paying a card in full each month. Cite the website, the textbook and each verse in APA format. Free annual credit reports are available from the official federal site.
Related BUSI 223 sample papers
Other BUSI 223 weeks
- BUSI 223 Week 1: Discussion Board Forum 1
- BUSI 223 Week 2: Biblical Response 1
- BUSI 223 Week 3: Discussion Board Forum 2
- BUSI 223 Week 5: Discussion Board Forum 3
- BUSI 223 Week 6: Biblical Response 3
- BUSI 223 Week 7: Discussion Board Forum 4
- BUSI 223 Week 8: Biblical Response 4
More BS in Business Administration sample papers
- BUSI 101 Week 4: Forum 2 Replies
- BUSI 240 Week 4: Forum 2 Replies
- BUSI 300 Week 4: Forum 2 Reply
- BUSI 301 Week 4: Forum 2 Replies
BUSI 223 Week 4 questions, answered
What is BUSI 223 Biblical Response 2?
Graded out of 30 in Module/Week 4, it pairs a federal page on credit reports and scores with biblical teaching on borrowing.
Where can I find a free BUSI 223 Week 4 sample paper?
This page offers a whole BUSI 223 Week 4 Biblical Response on credit scores, car loans and mortgages read alongside Scripture on debt.
What affects a credit score the most?
Payment history and how much of the available credit is being used weigh heavily, along with the length of credit history, the mix of credit and recent applications for new credit.
Does the Bible say borrowing is a sin?
No. Scripture warns that the borrower becomes servant to the lender and calls the righteous to repay their debts, but it regulates lending rather than forbidding it.
What else is due in BUSI 223 Module/Week 4?
Quiz 4, Exercise 4 and a branching scenario come due alongside it, while the reading spans Billingsley et al. sections 5.1 to 5.4 and 6.1 to 6.3 on major purchases and credit.
Use it as a model, or ask for your own
This paper is an original model written by our desk for study. It is not a submitted student paper and not an official Liberty University document. Read it for structure and reasoning, then write your own to the instructions in your Canvas course. If you want a version built to your exact prompt and rubric, the first custom sample is free and arrives in 24 to 48 hours.
Ask for a custom BUSI 223 Week 4 sample · All BUSI 223 weeks · All courses