Once the Christian debt consolidation company provides you with a repayment plan according to your financial situation, you start making a single monthly payment to the company.
After this, the Christian debt consolidation company disburses the amount amongst your creditors.
This way you eventually get respite from your debts....
Primarily, a Christian debt consolidation program helps you take control of your financial and spiritual life.
Getting out of debt is one of the major reasons why people get enrolled in this program.
In a Christian debt consolidation program, you're primarily required to face a counseling session where a Christian counselor reviews your income and expense.
Christian debt consolidation can help you pay off your debts and remain in the path of righteousness by using the Biblical principles of honesty, honor, and financial responsibility.
Usually, most debt relief and non-profit organizations offer Christian debt solutions to the people.
However, you have to go through a Christian debt counseling session before your get enrolled in the program.
Table of Content In a Christian debt consolidation program, your debt counselor contacts your creditors, and tries to lower the interest rates and eliminate the late fees, so that you can pay off your debts more effectively.
“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.
If you fall in debt, your creditor will become your second master and your mind will remain obsessed with your debt payments.
Consequently, you'll be deviated from the path of worship.