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Should You Use a Christian Debt Consolidation Company?


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Ted Batron asked:




Christian debt consolidation started in the Jubilee Year celebration. This is found in the book of Leviticus in the Bible. It states that everyone that had been burdened down with excessive debt was going to be debt free.

Those landowners that lost their land were going to have it restored. This concept actually came to pass when foreign countries and organizations offered to pay off debt to some of their neighborly poorer countries. Christian debt consolidation companies have been designed to offer remedies for people that are in debt. The counselors use biblical principles to prove their point about being set up the way they are.

They referenced where the scripture talks about man not being able to serve two masters. You can’t serve God and money together. So those who have mismanaged their funds will now need to decide who they will serve.

Even though it seems like these types of companies are geared more so toward Christians, it’s highly unlikely that they would turn away people that are not believers.

Having non-believers would help the cause even more. They could minister to them with scripture and show them where it talks about owing no man anything. This basically means that you should not be in debt and owe people. On the other side of this, there may be those non-Christians or unbelievers that may get offended. So they have to deal with that side as well.

There are a few differences between a Christian debt consolidation company and others that are not Christian based. The primary focus for both is that people are working to get out of debt. The Christian organizations offer sound doctrine and principles that support what they believe in as far as getting out of debt is concerned. They will find a solution that will work best for you.

They do have some things in common with other debt consolidation companies.
As they look for a financial solution, they also have to do the following:

Know how much you owe. What kind of debts you owe. How much do you make. How much do you spend.

This information is critical because it helps them to know how best to handle your situation. They have to do everything else like other companies, which include debt negotiation and other things as needed.

They work on steering you away from bankruptcy. They feel that bankruptcy is not an option and is considered the easy way out. The counselors work on setting up a budget that you can adhere to.

Christian based debt consolidation companies say they are non-profit. As with other companies, they should be checked out through your consumer agency and the Better Business Bureau to make sure they’re in good standing. Having a Christian debt consolidation company is a personal choice. For those not interested in biblical insight, it may not be for you.

Debt Consolidation Company

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