subject: Christian Debt Consolidation - The Advantages of Christian Debt Consolidation [print this page] Christian debt consolidation can be a very beneficial way to go if you are looking for a way to take care of your debts. If your debts have become overwhelming and you just don't know what to do, then considering Christian debt consolidation might be right for you.
What is Christian debt consolidation?
This is simply a form of debt consolidation that is usually free through your church. It was started by the Catholic church many years ago and has continued as a tradition in many Christian churches. Usually someone that is having debt problems can approach the pastor or priest and request help with their problems.
The pastor or priest will, then, put them into contact with an accountant or financial advisor that has volunteered to help parishioners of that specific church. Christian debt consolidation usually involves counseling so that you don't end up back in the same situation and they usually keep your needs in mind as well.
The financial advisor or accountant is usually a very well respected member of the community and there is a good chance that he or she has already worked with some of the companies that you owe money to. This person will contact all of the companies that you owe money to and try to get them to waive interest and late charges so that you can pay the debts off.
Usually this form of debt consolidation does not accept partial balances, though, because the Christian way is to pay in full what you owe. This is a benefit, too, because it looks much better on your credit report if you can show that you paid your debts in full.
If you are struggling to pay your debts, then you might want to consider Christian debt consolidation. Contact your local pastor or priest and see if there is someone in your church that helps individuals struggling with their finances.
Christian Debt Consolidation - The Advantages of Christian Debt Consolidation
