Archive for the ‘Surety’ Category

What does the Bible say about co-signing or surety

Saturday, September 13th, 2008

Bible verses about co-signing loans

Proverbs 6:1-2

My son, if you have become surety for your neighbor, have given a pledge for a stranger, if you have been snared with the words of your mouth, have been caught with 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!

Proverbs 11:15

He who is guarantor for a stranger will surely suffer for it, but he who hates being a guarantor is secure.

Proverbs 17:18

A man lacking in sense pledges and becomes guarantor in the presence of his neighbor.

Proverbs 22:26-27

Do not be among those who give pledges, among those who become guarantors for debts. If you have nothing with which to pay, why should he take your bed from under you?

Proverbs 27:13

Take his garment when he becomes surety for a stranger; and for an adulterous woman hold him in pledge.