Consolidating debt christian debt counseling debt
National Debt Relief offers debt reduction, financial consultations, credit counseling, debt consolidation and education.National Debt Relief focuses on helping individuals and families get out of debt and avoid bankruptcy.Christian Debt Counselors is a company that, for whatever reason, does not have an ISO certification.Standards set by the ISO include requirements for quality management, materials and products.If you’re as old school as I am, you know what I’m talking about. Related: Are You Ready to Get Out of Debt and Take Control of Your Money? But, beyond that, consolidation includes at least three dangers that you might not think about unless you’re looking at things very carefully: In reality, it’s just like the messy desk. SEE ALSO: How True Stewardship Will Change Your Life But that fake feeling of progress also reduces your intensity toward getting out of debt once and for all. Think of it this way: The “con” part of “consolidation” is there because it cons you into a false sense of security.You’d get up early on a Saturday morning to get something done, but despite making some coffee and turning up your favorite playlist, you would wind up spending a ton of time just moving stuff from one side of the desk to the other. It’s not as funny, though, when those stacks of paper represent piles of debt. Debt consolidation companies are not charitable organizations established to help people in need.
Before long, your snowball will gain some incredible momentum—without the extra fees or hidden costs.“The rich rule over the poor, and the borrower is slave to the lender.” (Proverbs 22:7) Therefore, if you are in debt, your indebtedness compels you to become a slave to the lender, which is utterly conflicting to the Biblical principal of single master.According to Christianity, God is the prime master and you should always be under His servitude.The debt consolidation industry offers solutions to combine multiple debts, such as credit card bills, home loans, or other loans into one monthly payment.
This debt management solution may be helpful for consumers with many outstanding debts, especially if they have debts with high interest rates.
If you fall in debt, your creditor will become your second master and your mind will remain obsessed with your debt payments.