Ask Fred > Ethics > Is there a difference between Christian and contractual responsibility?

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Dear Fred

I have a non-recourse loan on a property which I do not have the cashflow to keep current. do I have a christian obligation to the lender beyond the contractual obligation?

Fred's Response

If both parties clearly understand the terms of the contract then it seems to me that the contract is the binding instrument without further ramifications. A Christian should always be known for keeping his word and his bond.