"Wit is the lowest form of humor."Alexander Pope
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Bankruptcy Law Changes - The Bad
The purpose of the new legislation, which President Bush recently signed into law, is to eliminate the so-called "bankruptcy of convenience." Supporters of the bill allege that most personal bankruptcies are brought about by those with compulsive drug, ...
Bill Consolidation Loans - Quick Debt Elimination
Although there is no way to eliminate debts overnight, you can manage debt in a way that offers quicker repayment. There are many programs and loans available to help consumers become debt free. Because each person has a different situation, they much ...
Payday loan fees may not be "interest" but it still adds up to misery for borrowers
Arkansas has long had some of the strictest lending laws in the country. Twenty five years ago when interest rates on auto loans were near 20% nationally, Arkansas law required dealers to charge no more than 10% interest. People were flocking to the state ...
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Many Christians feel uncomfortable with the notion of being in debt, and even more so when the debt has gotten out of control. Some say that it is not acceptable for Christians to owe any money, even for such necessities as a home. Others feel that such debts are acceptable as long as debt does not place a burden on the family's finances.
In recent years, the number of debt consolidation and credit counseling firms that specialize in catering to Christian clients have increased dramatically.
Christian debt consolidation and credit counseling agencies are aware of the concerns Christians have about debt. They can help you consolidate your debt, establish a repayment schedule, arrange to allow you to continue tithing, and provide the additional spiritual counseling that you may need to help you stay out of debt. All of this is done in a way that is consistent with Christian beliefs and the teachings of the Bible.
Creditors recognize that people who enter a debt consolidation program are trying to repay their obligations in good faith. Creditors are more willing to extend favorable terms to such clients in the hope that they (the creditor) will avoid the significant expense of turning the account over to a collections firm or avoid an extended drawn out process if the account holder goes through the expense of declaring bankruptcy.
Experienced Christian Debt consolidation and credit counseling services know this, and they have experience working with creditors to ease the burden of repayment. They can help you renegotiate loans, reshape payment schedules, reduce your interest rate or obtain a loan that consolidates your debt. Many of these firms are nonprofit; they are in the business strictly so that they can help fellow Christians to get back on their feet and free from the burden of unusually heavy debt.
If this sounds like something that suits your personal needs, you should consider contacting a Christian debt consolidation or credit counseling agency.
About the Author
©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including http://www.End-Your-Debt.com/ and http://www.HomeEquityHelp.net/
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