Words of the week

Do all you can to avoid borrowing money. I’m aware that borrowing is required for
major purchases: but I’m warning about money between friends. People co-sign for
purchases that they really cannot take responsibility for should the primary default.
 
Friends loan money and their buddies say, they will repay once “I get my income tax.”  
With the passing of time, some borrowers seem to think a loan somehow, turns into a gift.  
Some borrowers claim harassment when the lender is simply trying to get back his due
money.   Fighting, cursing, threatening, false actuations with all other kinds of
bad behavior develops and everything becomes a train wreck in court. 
 
So be careful about lending and borrowing. Friends need to remain friends.  They shouldn’t
feel that they don’t have to pay back lenders they know or be slothful in doing so.
 
When borrowing or lending; get a written contract, (nothing personal, it’s just business) 
and don’t get involve at all if you cannot afford the possible loss.   Luke 16:5-8.   
1 Corinthians 6:7.   Proverbs 6:1-5.