If God Says Don’t....

I know this sounds worldly, but it’s not. It’s crystal clear, written several times in the Bible. Don’t ever put up your property as collateral for someone else’s loan. Don’t co-sign on a loan. Not even if it’s your children or close relatives. I’ve seen this happen in real life. It rarely works out. I’ve seen parents do it for their kids, only to lose it and have to work until they die just to make ends meet. If God allowed it to be written in his book, it might be a good idea to listen, and do what it says.

1 My child, if you have put up security for a friend’s debtor agreed to guarantee the debt of a stranger–2 if you have trapped yourself by your agreementand are caught by what you said–3 follow my advice and save yourself,for you have placed yourself at your friend’s mercy.Now swallow your pride;go and beg to have your name erased.4 Don’t put it off; do it now!Don’t rest until you do.5 Save yourself like a gazelle escaping from a hunter,like a bird fleeing from a net. Proverbs 6:1-5