Posted on 02/20/2021 12:19:02 AM PST by Pilgrim's Progress
“It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth . . . Take his garment that is surety for a stranger: and take a pledge of him for a strange woman” (Proverbs 20:14).
This is a real insight into humanity. Only God could put this in a Book written by man about man. When one man is dealing with another man about the price of a thing, the one says, “It isn’t worth that much, and he haggled him down to half the price—and then when he buys it and leaves he tells another, “Man, that thing is worth twice that much!”
You go to garage sales and see where people had bought things that they just could not live without out and are now selling those priceless treasures for pennies on the dollar.
“Take his garment that is surety for a stranger: and take a pledge of him for a strange woman.”
If some fool cosigns for another fool, and the debt is to you; that is, you loaned the money and then somebody else has cosigned on it, he says to take his garment as surety. You need to do that to cover the debt for collateral. That is just a principle of loaning. Folks call for a cosigner because they don’t believe the person taking out the debt can repay it, but they know the cosigner can.
Just be kind of cautious about it, it may not be so bad as all that, but just be sure if you have to that the loaner is a Bible-believer, love the Lord, and have a strong reputation for steady work—or you can smart for it.
“. . . and take a pledge of him for a strange woman,” here a guy has cosigned a not for a strange woman. Now, the Bible says that a strange woman is a whore (Proverbs 23:27). Anyone that would cosign for that unreputable of a woman you better take some collateral. You are dealing with two fools, not just one.
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There is indeed nothing new under the sun in regard to human nature.
This one always make me laugh when I do it, carrying on a 3000 year old tradition :)
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