Original promise is a promise to answer for the debt of another, because it is made to sub serve or promote an interest or purpose of the promisor and upon a consideration beneficial to him. It is made at the time of or before the creation of the debt, in consideration of which the credit is given.
Original promise is a promise which is not within the statute of frauds. [Goldsmith v. Erwin, 183 F.2d 432 (4th Cir. N.C. 1950)].