Showing posts with label Loan. Show all posts
Showing posts with label Loan. Show all posts

Sunday, December 6, 2020

Prover 6:1-5 Never Become Indebted To A Friend


One of the most idiotic things anyone can do is to co-sign for a loan. Regardless of who you are helping, the statistics prove that the co-signer ends up paying the loan off over 50% of the time. Consider the reason one would ask you to co-sign for them. They know you will pay the loan off if they cannot, and their track record proves they either don't pay off their debt, or they never had a loan before.

The Scripture I have chosen to comment on today's Proverb, are verses 1-5.