Debt: A Biblical ExplorationSample

We are reminded of the liabilities debt brings upon us. One of burdens of borrowing and falling into debt is posting collateral. Today's readings remind us that the dangers of putting down collateral does not just apply to us when we are in debt but it also warns of situations when we cosign for a family member, friend, or neighbor. Whether we are posting collateral as a security for ourselves or if we are cosigning, it is still a dangerous aspect of debt, and today's reading reminds us that all situations will create a sense of slavery to debt. Making debt our master is not in the best interest of our spirit because God is our one true master and it is Him who we should follow and love.