What Does the Bible Say About Cosigning A Loan?

Proverbs 17:18 ESV / 63 helpful votes

One who lacks sense gives a pledge and puts up security in the presence of his neighbor.

Proverbs 22:26-27 ESV / 40 helpful votes

Be not one of those who give pledges, who put up security for debts. If you have nothing with which to pay, why should your bed be taken from under you?

Proverbs 6:1-35 ESV / 39 helpful votes

My son, if you have put up security for your neighbor, have given your pledge for a stranger, if you are snared in the words of your mouth, caught in the words of your mouth, then do this, my son, and save yourself, for you have come into the hand of your neighbor: go, hasten, and plead urgently with your neighbor. Give your eyes no sleep and your eyelids no slumber; save yourself like a gazelle from the hand of the hunter, like a bird from the hand of the fowler. ...

Proverbs 22:7 ESV / 34 helpful votes

The rich rules over the poor, and the borrower is the slave of the lender.

Proverbs 11:15 ESV / 30 helpful votes

Whoever puts up security for a stranger will surely suffer harm, but he who hates striking hands in pledge is secure.

Ecclesiastes 5:5 ESV / 20 helpful votes

It is better that you should not vow than that you should vow and not pay.

Psalm 37:21 ESV / 13 helpful votes

The wicked borrows but does not pay back, but the righteous is generous and gives;

Romans 13:8 ESV / 12 helpful votes

Owe no one anything, except to love each other, for the one who loves another has fulfilled the law.

Proverbs 6:1-5 ESV / 11 helpful votes

My son, if you have put up security for your neighbor, have given your pledge for a stranger, if you are snared in the words of your mouth, caught in the words of your mouth, then do this, my son, and save yourself, for you have come into the hand of your neighbor: go, hasten, and plead urgently with your neighbor. Give your eyes no sleep and your eyelids no slumber; save yourself like a gazelle from the hand of the hunter, like a bird from the hand of the fowler.

Deuteronomy 28:12 ESV / 7 helpful votes

The Lord will open to you his good treasury, the heavens, to give the rain to your land in its season and to bless all the work of your hands. And you shall lend to many nations, but you shall not borrow.

Deuteronomy 15:1-2 ESV / 7 helpful votes

“At the end of every seven years you shall grant a release. And this is the manner of the release: every creditor shall release what he has lent to his neighbor. He shall not exact it of his neighbor, his brother, because the Lord's release has been proclaimed.

Proverbs 27:13 ESV / 6 helpful votes

Take a man's garment when he has put up security for a stranger, and hold it in pledge when he puts up security for an adulteress.

Exodus 22:25 ESV / 5 helpful votes

“If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him.

Proverbs 14:21 ESV / 4 helpful votes

Whoever despises his neighbor is a sinner, but blessed is he who is generous to the poor.

Luke 6:30 ESV / 3 helpful votes

Give to everyone who begs from you, and from one who takes away your goods do not demand them back.

Proverbs 31:6-7 ESV / 3 helpful votes

Give strong drink to the one who is perishing, and wine to those in bitter distress; let them drink and forget their poverty and remember their misery no more.

Proverbs 28:8 ESV / 3 helpful votes

Whoever multiplies his wealth by interest and profit gathers it for him who is generous to the poor.

Proverbs 15:27 ESV / 3 helpful votes

Whoever is greedy for unjust gain troubles his own household, but he who hates bribes will live.

Proverbs 13:22 ESV / 3 helpful votes

A good man leaves an inheritance to his children's children, but the sinner's wealth is laid up for the righteous.

Proverbs 10:4 ESV / 3 helpful votes

A slack hand causes poverty, but the hand of the diligent makes rich.

Proverbs 6:6 ESV / 3 helpful votes

Go to the ant, O sluggard; consider her ways, and be wise.

James 4:13-16 ESV / 2 helpful votes

Come now, you who say, “Today or tomorrow we will go into such and such a town and spend a year there and trade and make a profit”— yet you do not know what tomorrow will bring. What is your life? For you are a mist that appears for a little time and then vanishes. Instead you ought to say, “If the Lord wills, we will live and do this or that.” As it is, you boast in your arrogance. All such boasting is evil.

Luke 6:34-35 ESV / 2 helpful votes

And if you lend to those from whom you expect to receive, what credit is that to you? Even sinners lend to sinners, to get back the same amount. But love your enemies, and do good, and lend, expecting nothing in return, and your reward will be great, and you will be sons of the Most High, for he is kind to the ungrateful and the evil.

Proverbs 28:25 ESV / 2 helpful votes

A greedy man stirs up strife, but the one who trusts in the Lord will be enriched.

Proverbs 21:5 ESV / 2 helpful votes

The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.

Proverbs 20:21 ESV / 2 helpful votes

An inheritance gained hastily in the beginning will not be blessed in the end.

Proverbs 20:16 ESV / 2 helpful votes

Take a man's garment when he has put up security for a stranger, and hold it in pledge when he puts up security for foreigners.

Proverbs 11:24 ESV / 2 helpful votes

One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want.

Proverbs 3:27 ESV / 2 helpful votes

Do not withhold good from those to whom it is due, when it is in your power to do it.

Matthew 6:19-21 ESV / 1 helpful vote

“Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.

Proverbs 22:16 ESV / 1 helpful vote

Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty.

Proverbs 22:9 ESV / 1 helpful vote

Whoever has a bountiful eye will be blessed, for he shares his bread with the poor.

Proverbs 22:1-29 ESV / 1 helpful vote

A good name is to be chosen rather than great riches, and favor is better than silver or gold. The rich and the poor meet together; the Lord is the maker of them all. The prudent sees danger and hides himself, but the simple go on and suffer for it. The reward for humility and fear of the Lord is riches and honor and life. Thorns and snares are in the way of the crooked; whoever guards his soul will keep far from them. ...

Proverbs 21:13 ESV / 1 helpful vote

Whoever closes his ear to the cry of the poor will himself call out and not be answered.

Proverbs 19:17 ESV / 1 helpful vote

Whoever is generous to the poor lends to the Lord, and he will repay him for his deed.

Proverbs 19:14 ESV / 1 helpful vote

House and wealth are inherited from fathers, but a prudent wife is from the Lord.

Proverbs 14:31 ESV / 1 helpful vote

Whoever oppresses a poor man insults his Maker, but he who is generous to the needy honors him.

Proverbs 11:28 ESV / 1 helpful vote

Whoever trusts in his riches will fall, but the righteous will flourish like a green leaf.

Proverbs 11:25 ESV / 1 helpful vote

Whoever brings blessing will be enriched, and one who waters will himself be watered.

Proverbs 10:22 ESV / 1 helpful vote

The blessing of the Lord makes rich, and he adds no sorrow with it.

Proverbs 6:16-19 ESV / 1 helpful vote

There are six things that the Lord hates, seven that are an abomination to him: haughty eyes, a lying tongue, and hands that shed innocent blood, a heart that devises wicked plans, feet that make haste to run to evil, a false witness who breathes out lies, and one who sows discord among brothers.

Proverbs 6:1 ESV / 1 helpful vote

My son, if you have put up security for your neighbor, have given your pledge for a stranger,

Bible Verses about Cosigning A Loan