Implications and responsibilities of financing with debt

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Reference no: EM132902827

Topic: Implications and Responsibilities of Financing with Debt

Thread: The world of finance teaches that borrowing money can be a high-risk, high-reward option. Scripture has some passages that seem to clearly warn people to be cautious about getting into debt. Read the following Scriptures and write a thread of discussing what the Bible does and does not teach about debt. address the following questions:

What are some of the natural consequences of borrowing money?

What is "co-signing" a loan? What advice does the writer of Proverbs have about the wisdom of co-signing a loan?

What are the obligations of anyone who borrows money?

Reference no: EM132902827

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