Debt is a four-letter word that offends the sensibilities of people everywhere. But, debt is also a harsh reality most people face. When debt gets out of control it jeopardizes your present situation, your happiness, your health and your future. Christian debt consolidation services can help raise the dark cloud from over your house and relieve the stress and unhappiness debt is causing your family.
Christian debt consolidation services are offered with all the major benefits of a traditional debt consolidation program or company, while offering you the addition of personal service and, often, lower rates. Some of the most common benefits offered by debt consolidation companies include contacting creditors, financial planning, one-on-one counseling, budgeting strategies and lower monthly debt payments and interest rates.
While all debt may feel the same, all debt consolidation services are not. Take time to research the Christian debt consolidation services and companies you are most interested in. Some may operate as a non-profit and therefore will be registered with the Secretary of State for the state they operate their corporate headquarters out of.
For profit companies can and should receive accreditation from such common organizations as the Better Business Bureau, FDIC and other credit bureau organizations. Don’t be afraid to ask for references and proof of accreditation before beginning work with any debt consolidation company or program.
Before you are ready to set up an appointment with a professional credit counselor, you first need a solid grasp on the debt you face. This is essentially the past due accounts, collections accounts, garnishments or other legal accounts, and credit card accounts.
First gather all the information you have on these various accounts and compile them into one document. This document should include the creditor information, account balance, length of past due status’, minimum monthly payments, monthly due dates and interest rates-for each account. Once this information is collected, it’s time to take a deep breath and add up the total.
Now, you are ready to find Christian debt consolidation services and approach the companies that offer them to find the best fit for your financial needs and goals. Though the road may be tough, keep in mind you are making a wise and responsible decision for you and your family’s future.