A good summary of the main three views regarding perseverance:
1. Classic Arminianism• One must persevere in faith to be saved.
• True believers can lose their faith....
• Those dying without faith in Christ are condemned.
“The believer who loses his faith is damned.”
2. Antinomianism• One need not persevere in faith to be saved.
• True believers can lose their faith.
• Those who lose their faith are saved, since they once believed.
“The believer who loses his faith is saved.”
3. Classic Calvinism• One must persevere in faith to be saved.
• True believers cannot lose their faith, since it’s God’s gift.
• Those dying without faith in Christ are condemned.
• Those who “lose” their faith never had it to begin with.
• God will preserve true believers and they will be saved.
Here's a quote made today from Dan Fisher - "I've heard it said that the most arrogant person on earth is the person who believes that salvation can be lost, but still believes himself to be saved. If you ask an Arminian "who deserves the blame if he loses his salvation?", he will say that he himself does. If you ask him "who should get the credit if he perseveres to the end?", he is therefore required to answer the same. To say otherwise is logically inconsistent. If God truly deserves ALL the glory for our perseverance, we will never ultimately or finally fall away because God CANNOT fail. To be an Arminian, you either have to believe that God does not have the ability to hold onto us (at least not in every instance), or else that we must contribute in some sense to our own salvation (since we might lose it if we don't). As I see it, a denial of the doctrine of perseverance requires one to reject at least 4 of the 5 Solas--salvation would NOT be by grace alone, through faith alone, through Christ's work alone, to the glory of God alone. This is serious doctrinal error indeed."
“There is one grace of the Holy Spirit you cannot counterfeit…the grace of perseverance.” - Gardiner Spring
Reformation Theology
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