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9 Bible Verses about Borrowing, Surety

Most Relevant Verses

Proverbs 11:15

Securing a loan for a stranger will bring suffering, but by refusing to do so, one remains safe.

Proverbs 6:1-5

My son, if you guarantee a loan for your neighbor, if you have agreed to a deal with a stranger, trapped by your own words, and caught by your own words, then do this, my son, and deliver yourself, because you have come under your neighbor's control. Go, humble yourself! Plead passionately with your neighbor!read more.
Don't allow yourself to sleep or even to close your eyes. Deliver yourself like a gazelle from a hunter's hand, or like a bird from a fowler's hand.

Proverbs 17:18

A man who lacks sense cosigns a loan, becoming a guarantor for his neighbor.

Proverbs 22:26-27

Don't be one of those who make promises to guarantee loans for debts. If you don't have the ability to pay, why should your very bed be taken from under you?

Proverbs 20:16

Take the garment of anyone who puts up collateral for a stranger; hold it in pledge if he does it for an unfamiliar woman.

Proverbs 27:13

Take the coat of anyone who puts up security for a stranger; hold it in pledge if he cosigns for an immoral woman.

Deuteronomy 24:6

"Don't take a pair of millstones, especially the upper millstone, as collateral for a loan, because this means taking a man's livelihood.

Job 22:6

"After all, you've taken collateral from your relatives for no reason; you stripped the naked of their clothing.

Nehemiah 5:3-13

Others were saying, "We're having to mortgage our fields, our vineyards, and our homes so we can buy grain during this famine." Still others were saying "We've borrowed money against our fields and vineyards to pay the king's taxes. Now our bodies are no different than the bodies of our relatives, and our children are like their children. Nevertheless, we're about to force our sons and daughters into slavery, and some of our daughters are already in bondage. It's beyond our power to do anything about it, because our fields and vineyards belong to others."read more.
I became very livid when I heard their complaining and these charges. So after thinking it over carefully, I accused the officials and nobles openly, "Every one of you is charging your fellow countrymen interest!" So I opened a public investigation against them. I accused them, "To the best of our ability, we've been buying back our fellow Jews who had been sold to foreigners. Even now you're selling your fellow countrymen, only for them to be sold back to us!" They kept quiet and never spoke a word. So I said, "What you're doing isn't right! Shouldn't you live in the fear of our God to avoid shame from our foreign enemies? I'm also lending money and grain, as are my fellow-Jews and my servants, but let's not charge interest. So today please restore to them their fields, vineyards, olive orchards, and homes, along with the one percent interest charge that you've assessed them on the grain, wine, and oil." They responded, "We will restore these things, and will assess no interest charges against them. We will do what you are requesting!" So I called the priests and made them take an oath to fulfill this promise. I also shook my robes, and said, "May God shake out every man from his house and his possessions who does not keep this promise. May he be emptied out and shaken just like this." All the assembly said, "Amen!" and praised the LORD. And the people kept their promise.

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