Where in the Bible Does It Talk About Cosigning?

Proverbs 11:15, “He that is surety for a stranger shall smart for it: and he that hateth suretiship is sure.” Someone who cosigns a loan is given many warnings from the Word of God — not to mention the bank as well. It demands great responsibility and must not be entered into lightly.

Why Cosigning is a bad idea?

The long-term risk of co-signing a loan for your loved one is that you may be rejected for credit when you want it. A potential creditor will factor in the co-signed loan to calculate your total debt levels and may decide it's too risky to extend you more credit.

Where does the Bible talk about the apostasy?

Biblical teaching. The Greek noun apostasia (rebellion, abandonment, state of apostasy, defection) is found only twice in the New Testament (Acts 21:21; 2 Thessalonians 2:3).