8 Jul, 2009

Would You Pledge Your Soul As Collateral On A Loan?

This sounds like a ridiculous question but the country of Latvia is actually doing this. The economic crisis has hit them hard.

The Kontora loan company is offering a loan that the client must sign which reads "agreement" and then reads: collateral, "that is, my immortal soul."

If a client fails to pay there will be no debt collectors. The company just says, "that the client won't have a soul, that's all."

Mirosiichenko said his company was basically trusting people to repay the small amounts they borrowed, which has so far been up to 250 lats ($500) for between 1 and 90 days at a hefty interest rate.

He said about 200 people had taken out loans over the two months the business was in operation.

Story taken from reuters.com. Photos taken from images.google.com.

Mark 8:36-38 (NIV)

What good is it for a man to gain the whole world, yet forfeit his soul? Or what can a man give in exchange for his soul? If anyone is ashamed of me and my words in this adulterous and sinful generation, the Son of Man will be ashamed of him when he comes in his Father's glory with the holy angels."

What does God say about the soul?

God places high importance to a man's soul. It's value is more than anything the world can offer. He goes on to say that if we seek all the things (and receive them) of this world and neglect our soul what good is it?

As silly as the "loan for soul" in Latvia is, God is more serious. It matters what we think and do. Acknowledging Christ in all of our affairs is God's plan for us.

In Latvia, defaulting on a loan just simply means hey, "you just lose your soul." These are mere words that the bank really cannot collect on. But God can and will collect. May our account be good with the Lover of men's souls.

  • Living for God is difficult. There are times when we might fell ashamed to be a follower of Christ or it might not be the popular thing to do. Think of an instance in your life where this rings true.
  • Ask God to forgive you and give you strength to follow Him even when times are tough (remember, Peter denied Him 3 times).
  • Pray for the souls of those in your life who are lost.
  • Ask God to provide opportunities to talk about the "soul" and what happens after we die. Share with them the power of Christ to save souls.
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