“No soldier in active service entangles himself in the affairs of everyday life…” (II Tim. 2:4)
One way to become entangled is by guaranteeing a note (debt) for another person: Co-signing.
The Scriptures are unequivocal in condemning this practice:
“He who puts up security for another will surely suffer, but whoever refuses…is safe.”(Prov.11:15)
“A man lacking in judgment…puts up security for his neighbor.” (Prov. 17:18)
“Do not be a man who…puts up security for debts.” (Prov. 22:26)
Over the years, I have watched innumerable friends in Christ languish under the burden of fulfilling the legal/financial obligations from a note.
Usually these notes are signed when the business climate is good, optimism is high, and mutual friendships prevail. Idealism, enthusiasm and good will are in the air.
In time however, the business climate often sours, and financial pressures mount. Circumstances change. And people begin to fend for themselves.
AND IT IS YOU WHO ENDS UP HOLDING THE BAG!
When the pressure is on, rare is the person who will choose Biblical principles over personal survival:
“…Who swears to his own hurt and does not change.” (e.g. holds to his word when it is to his disadvantage). (Psa. 15:4b)
If you happen to be co-signed, you may want to take Solomon’s advice to heart:
“My son, if you have put up security for your neighbor, if you have struck hands in pledge for another, if you have been trapped by what you said, ensnared by the words of your mouth, then do this, my son, to free yourself, since you have fallen into your neighbor’s hands: Go and humble yourself; press your plea with your neighbor! Allow no sleep to your eyes, no slumber to your eyelids. Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.” (Prov. 6:1 – 5)
My prayer is that you are having a great week!