Christian Debt Counseling
"The servant fell on his knees before him. 'Be patient with me,' he begged, 'and I will pay back everything.' The servant's master took pity on him, canceled the debt and let him go. - Matthew 18: 26-27
In this day and age, it's not quite as simple as that. Chances are if you called your creditors and begged forgiveness of your debt, it won't just be canceled. The only way to do that is to file for bankruptcy, and that leaves a big black mark on your credit record for ten years. However, with the help of a Christian debt counseling company, your debt can be reduced and you can learn how to manage your finances better in the future. Filling out our free, secure form can provide you with complimentary, customized quotes and referrals to the best in the American debt counseling industry.
Christian Debt Counseling Services
It's possible you don't need a lot of help managing your debt, you just want to learn to budget better to be able to tithe or save for future goals like a house, retirement or a child's education. In that case, Christian debt counseling can teach you the budgeting skills you need to reach those goals.
If you're deep in debt, Christian debt counseling can suggest the appropriate debt management program to help get you out of debt, and they can teach you how to live within your means and use credit wisely. Here are some of the debt counseling programs they might suggest for you:
Debt Consolidation - Involves negotiation to get your unsecured debt balances and interest rates lowered. Then the new, lower balances are combined and you make one monthly payment to the debt consolidation company, which they distribute among your creditors. Because of the reductions, you can become debt free in about five years.
Debt Consolidation Loan - A loan given to you to pay off your unsecured debts. You pay off your unsecured debts immediately, but you still have the loan to pay back. The benefit is that the interest rate on the loan is so much lower (generally half of what you're paying now) and you can have it paid off in five years or less.
Debt Consolidation Mortgage - Allows you to borrow from the equity in your house to pay off your unsecured debts. Your payment is combined with your mortgage, and you get the same interest rate as your mortgage. In some cases, the interest is even tax-deductible (check with your tax advisor to see if this will work for your tax situation).
Student Loan Debt Consolidation - Combines all of your outstanding student loans into one and locks in a much lower, fixed interest rate for you. Your monthly student loan payments are cut in half, too, because you are given more time to pay them off.
How to Get Christian Debt Counseling
Finding Christian debt counseling need not be a difficult and arduous task. In fact, the easiest way to do it is to complete our secure, online form. Within 24 hours, you'll receive the quotes from and referrals to the best Christian credit counseling companies in the industry. Completing the form doesn't obligate you to us or to any of these companies. You can contact the companies yourself and see what kinds of consumer debt counseling solutions they offer. This will enable you to make an informed decision about how to handle your debt. Fill out our form to get started today!
All material copyright © 2008 Credit Counseling Corp. All rights reserved.
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