Imputation is an accounting term. Suppose you and your neighbor each owe money to the same bank for a car. Next month, if your neighbor sends in extra money when making the monthly payment, would this help you to pay off your loan? Probably not! The extra money would normally be applied to your neighbor’s debt. However, if your neighbor tells the bank to apply the extra money to your account, your neighbor’s payment could actually be credited or “imputed” to your account if you allowed it. This would, indeed, help you!
In the last article, we saw that “redemption” is the payment of a price to free someone or something from bondage or obligation. When Jesus Christ died on the cross, He endured the punishment for sin that He did not even commit. However, if this payment is not applied to your sin debt, it will do you no good. Unless the Lord God, almighty, causes a mighty stirring in your soul so that you cry out to Him for mercy, that excruciating sacrificial payment will never apply to you.
The Apostle Paul said, “… David also describeth the blessedness of the man, unto whom God imputeth righteousness without works, Saying, Blessed are they whose iniquities are forgiven, and whose sins are covered. Blessed is the man to whom the Lord will not impute sin” (Romans 4:6-8). The Prophet, Isaiah said, “ But we are all as an unclean thing, and all our righteousnesses are as filthy rags” … (Isaiah 64:6).
If you try to pay for your own sin debt by good works, God considers those works to be “filthy rags.” Attempting to use “filthy rags” to pay a sin debt which only Christ can pay is arrogance and pride which God rejects.
Will you continue trying to pay off your own sin debt, or will you cry out to God for mercy and ask Him to impute the payment of Christ to your account and to free you from all unrighteousness? If you ask Him, He will.
Old Paths Bible Chapel meets at 107 East Calvert in Karnes City. Sunday school for all ages begins at 10 a.m. Family Bible Hour begins at 11:15 a.m. Please call 830-780-4440 or 830-865-3065 for more information.