The Bible says that Jesus gave His life as a ransom for many (see for example Matthew 20:28). In this way, He redeems believers from the power of sin and gives them eternal life.
If you take an expensive item to the pawnbroker, you get it back when you pay the ransom price: the loan plus the interest you owe. If Jesus has ransomed us, the question that comes to mind is: to whom did He pay the ransom price? Who is the pawnbroker?
The first answer given to that is: the devil. After all, we are captive to sin. The devil is the ruler of this world who has tempted the first humans into sin. That may give rise to the thought that the devil is the pawnbroker. Yet this is not true, for God does not owe anything to anyone, least of all to the devil. The devil has no claim on God.
The second answer given to this: there is no pawnbroker. The word “ransom” is just a comparison, and every comparison falls short at some point. Don’t take it too far. I have more sympathy for this answer than for the first one, but I still don’t believe it is correct.
God is the pawnbroker
The third answer, which I believe is correct, is this: God is the pawnbroker. The following Bible verses support this view:
- Psalm 49:7,15. “Truly no man can ransom another, or give to God the price of his life … But God will ransom my soul from the power of Sheol, for He will receive me.” Here it says that God has a right to the ransom, and that it is God who redeems.
- Romans 3:23-25. “For all have sinned and fall short of the glory of God, and are justified by His grace as a gift, through the redemption that is in Christ Jesus, whom God put forward as a propitiation by his blood, to be received by faith. This was to show God’s righteousness, because in His divine forbearance He had passed over former sins.” Before God was reconciled, He was forbearing. This indicates that He had a right to something that has now been fulfilled.
- 1 Timothy 2:5-6. “There is one mediator between God and men, the man Christ Jesus, who gave Himself as a ransom for all”. He stands between God and men. He gives a ransom. The most obvious way to read this is that He pays the ransom price to God.
The whole trinity is involved
So what happens on the cross is this: the Son gives Himself as a ransom to the Father. This is done by the Spirit (see Hebrews 9:14 which speaks about “Christ, who through the eternal Spirit offered Himself without blemish to God”). So at the cross we see the whole Trinity at work. We see the love of the Son, the love of the Spirit, but also the love of the Father who wanted to restore the bond with us. God’s robbed honor is restored by Himself, so that we can receive eternal salvation. As a result, we may look forward beyond death to an eternal life with Him. What a Gospel! Make sure you don’t refuse or ignore it. Accept the sacrifice of Jesus to redeem you in faith.
Do not fear, only believe
That Jesus paid the ransom price, is wonderful news. It gives such assurance. I once listened to a wonderful interview with an old lady who had been active in the church for a long time. But one answer made me sad. “Are you a Christian?”, she was asked. “I do my best,” was her answer. No, no, no. Nobody becomes a Christian by doing their best. No one walks out of that pawn shop by themselves. When you answer “yes” to the question of being a Christian, this is not a lack of modesty. It is simply an expression of faith in Christ, who brought about perfect redemption on the cross.
Those who believe in perfect redemption can have assurance of faith. Christ has done everything. If someone says he is “doing his best” to be a Christian, he doubts whether he has “done enough”. If someone says he “hopes” that he is a Christian, he doubts whether he has “believed well enough”. People who suffer from doubt focus repeatedly on themselves and their shortcomings. But biblical faith looks to the eternal salvation that Christ has brought. “Do not fear, only believe,” the Lord Jesus said to Jairus. Look at the cross on which the Lord Jesus hung. Even now He is saying it to you: “Do not fear, only believe”. Then you will receive the eternal salvation that He earned.