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« God in the Cubicle: Why Aren't Quakers Talking More about Debt? | Main | Q&A: J. Brent Bill, Learning Spiritual Discernment »

May 29, 2010

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Comments

HOWARDHilary20

When you're in the corner and have no money to move out from that point, you would require to take the personal loans. Just because that should help you unquestionably. I get small business loan every single year and feel myself OK just because of it.

Jon

Maybe, but as I say elsewhere in a response to Earlene, millions of Americans took out loans with disastrous consequences. There used to be formulae that re agents drilled into consumers, like not obligating yourself to a PITI (principal, interest, taxes, insurance) on a house that's more than 25% of your income. I think the early Quakers had it right (see post on Q's and debt) -- there are spiritual as well as financial costs with debt that need to be recognized when we sign the forms.

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