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Avoid the Trap When You Consolidate Debt, part iii
Avoid the Trap When You Consolidate Debt
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To consolidate debt is a great idea with a trap built into it. The technique described here helps everyone in debt, but if you have an ongoing credit card debt you desperately need...
Debt Consolidation May Be The Answer!
Debt consolidation is a means of debt relief. It allows the borrower to take out a loan which is then used to pay off debt from other loans as well as from credit cards. These products are often necessary in that they provide the ability for you to...
How to Find a Cheap Debt Consolidation Loan
If you're shopping around for a cheap debt consolidation loan, then you're going to want to try to find the one that has the lowest interest rate that you can get. The interest that you pay will depend largely on the collateral that you can offer...
Thinking Beyond Debt Consolidation Loans
Planning to devise a permanent solution to the problems of debt? The chances of success, to be exact, are lesser, given the features which characterize the debts. Debts are the result of the disequilibrium in the relationship between income and...
Why You Should Choose Debt Consolidation
If debt is currently an issue in your life, debt consolidation really can save you from the stress of bills, debt collectors, and the nagging thoughts of foreclosure or even bankruptcy. Debt consolidation can drastically change your life within...
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Christian Debt Consolidation Company Advice: Finding the Best Program Solution
There are many Christian debt consolidation companies that may
appear to be contradictory to many Christian's beliefs. These
Christian debt and loan consolidation companies however, tell
fellow Christians that it is Biblical to take advantage of a
consolidating program run by a Christian debt consolidation
company.
Whether or not it is acceptable for a Christian to get into debt
is being discussed within the Christian community. Some say that
it is not alright for a Christian to owe any money, even in
cases such as car and home loans. Others say that it is alright
to keep some personal debt as long as the item purchased is an
asset with the potential to appreciate. Another view of debt
being OK is that it was purchased to produce an income or that
the value of the item purchased equals or exceeds the amount
owed against it or the debt is not so large that repayment puts
undue strain on the budget.
Christian debt consolidation companies point to the verses in
the scripture regarding debt and borrowing. 'Owe no man any
thing, but to love one another' (Romans 13:8). Proverbs warns us
that, 'Just as the rich rule over the poor, so the borrower is
servant to the lender' (Proverbs 22:7). Christian debt
consolidation companies also say that it is very clear in the
scripture that we are to pay back what we borrow as it says 'The
wicked borrow and do not repay, but the righteous give
generously' (Psalm 37:21).
Christian debt consolidation companies say that the Lord
wants
us to live an abundant life which becomes increasingly more
difficult with increasing debt and that being free from any
financial encumbrances is an incredible empowering feeling.
Christian debt consolidation companies are committed to helping
people get back control of their finances and become debt free.
This is an interesting twist on the words of the scripture but
many Christians believe that they cannot deal with a
non-Christian organisation but are perfectly comfortable with
Christian debt consolidation companies. Interestingly, Christian
debt consolidation companies do not have any restrictions on the
religious beliefs of the people that they lend to - of course,
that would be discrimination, but it is worth wondering why they
claim to be Christian debt consolidation companies and not
simply debt consolidation companies.
Christian debt consolidation companies claim to be offering
people the ability to re-finance their debt at lower interest
rates, some even to zero interest. The simple fact is that being
a Christian debt consolidation company or a non-Christian debt
company does not seem to have made any difference in their
ability to make false claims! There is no reason to choose a
Christian debt consolidation service over any other apart from
personal preference.
About the author:
Jordan Dunham is an expert on student
loans, visit http://www.students-loan-consolidation.org/
today for details.
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