return to cbo

Is Christian Indebtedness Against Biblical Principles?– How To Overcome Debt

by Andy Raybuck

According to the Christians, a debtor who is indebted to multiple credit card companies is not leading a life in accordance with the Bible as they're supposed to serve God first. When a debtor takes resort to a debt consolidation company that is "Christian", he can expect to get out of debt and also stay out of debt. The Christian debt consultant will certainly help you take rock solid steps regarding your credit card debts. If you don’t understand what Christian finance is, read this article to know how a Christian debt consolidation firm works to help the debtor get out of debt.

He will negotiate with your creditors: The best step that the Christian debt consultant will take is to negotiate with your creditors so that you don’t have to stay in touch with them. Just make sure that you give them the details so that they can easily be able to convince them regarding a relaxation in the terms and conditions of the credit card debt account.

Convince them about a rate reduction: The debt consultant will convince them about a reduction in the interest rate of the credit card debt accounts so as to revise the monthly payments. You can easily be able to repay the debts after the interest rates are revised as the amount will be reduced entirely.

Single monthly payments: Instead of making multiple payments to multiple creditors you just have to make a single monthly payment to the Christian debt consolidation company. The company will disburse your payments to the creditors so that you can quickly become debt free. You can also save a considerable amount of your dollars this way as it will be possible make lower payments than what you were making previously.

Save your dollars: As you’re getting help from the Christian debt consolidation companies, the debt consultant will genuinely help you get out of your debt burden as their main motive will be to save your dollars and help you repay your debt burden so as to get back the life which is according to the Biblical principles. You can therefore profit by taking resort to the Christian debt consolidation companies.

So, when you’re drowning under a burden of credit card debt, you can certainly get help from a Christian debt consolidation company. Reap the above mentioned benefits from such a company but remember that you can only get them if you manage your payments and pay on time.

Hi Andy,

Thanks for your question... and providing a potential solution to a major challenge. Debt.

Getting debt free should be the goal of every Christian.

Debt consolidation may be part of the solution, but it will only be temporary if the behavioral finance that led to the debt is not addressed. A complete financial makeover is needed to keep it from happening all over again.

A good Credit consolidation company will help people develop new habits, like creating a household budget, eliminating all credit cards, and using a cash only system.

Many are not ready to buckle down on their own. Having people to work with is an important part in overcoming lifelong money issues. We encourage people to do their due diligence and the count the cost of whether using a Debt consolidation service is right for them.

Scott & Laurie

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Do You Have Business Questions?
We Have Answers!

[?] Join Our Blog

follow us in feedly
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines

Enjoy This Site?
Then why not use the button below, to add us to your favorite bookmarking service?

Copyright © Salt & Light, Inc. d/b/a cbo 2013.