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interesting idea in 1989, based on Biblical principles. Interest rates
were very high, and our need for loan money had arisen at the time
Liberty Trust was about to close applications. I
have just re-read Liberty Trust's first newsletter, July 16th 1989,
which stated that their doors closed 30th June amidst a flood of last
minute applications. Indeed, this was a new idea, and although most
people believed the principle was admirable - that Christians should be
debt free (Jesus came to release people from 'the curse' which includes
being in debt) the reality was as in most new ideas that action takes
longer to get going than verbal acknowledgement. I was no different! I
am not sure whether my wife Gill and I were a little naive at the time,
or that it was faith that funds would be available in His perfect
timing (it could be up to 12 years before a ballot could be drawn in our
favour!) but our perceived need was for funds in very much the near
future. Our loan requirement was for $15,000 over 5 years - a different
proposition to the normal loan requirement of today! Our need was also
outside the original intentions of the Trust - our car had 'perished'
and the garage was in need of urgent repair. We drew the ballot from
123 applicants in March/ April 1990! Indeed,
we were thankful to Liberty Trust for being available as a means of
God's provision to us at a time of need for our family, and thank you to
all the people responsible for responding to His direction in providing
this vehicle (Liberty Trust) for His people. Chris Chapman January 2002 |
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