The story I am about to tell you is true. It was told directly to me by one of the principals of the story. The names have been changed as a matter of courtesy and to protect the innocent. The quote to the left by Oscar Wilde is one that I wish I had been aware of before the beginning of this story.
If you have put up security for a friend’s debt or agreed to guarantee the debt of a stranger-- if you have trapped yourself by your agreement and are caught by what you said-- 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. Don’t put it off; do it now! Don’t rest until you do. Save yourself like a gazelle escaping from a hunter, like a bird fleeing from a net. (Pro. 6:1-5)
In this day and age of high prices and our desire for “high-ticket” items, this section may seem a little antiquated.
Let's see, however, if there is not some modern-day wisdom that can be gleaned from this.
The writer is obviously speaking about co-signing for a loan, and he writes that if we have already done that, then do everything possible to get out of it. Get out NOW!
My heart is heavy today. While many of my readers have no real need to know or understand that, I hope that the lessons I am learning may somehow benefit those who read this all the way through. I had the joy of visiting with my oldest child yesterday.
Dale has been sharing the practical application of the truths from the Bible for more than 40 years. He has often said, "People know how to shout the victory on Sunday, but can't figure out how to handle Monday." This blog is an attempt to help God's people on that journey.
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