Reformed and dispensational theology. Reformed Theology kept some Roman Catholic practices and elements of Catholic theology. An example of how Reformed Theology attempts to attack premillennialism. The issue is how you think about faith. The effects of Covenant Theology. Covenant theology inductively creates two generic covenants, which are not stated in Scripture, above all the biblical covenants that are stated in Scripture. Reformed Theology has frozen the 16th and 17th century level of theology into permanent creeds and established unique rules for biblical interpretation. Questions and answers.