The Ethics of a Christian Debt Consolidation Company
There are a number of Christian debt consolidation companies
which may appear to be against a lot of Christian's beliefs.
However, these Christian debt consolidation companies ensure
fellow Christians that it is Biblical to take advantage of a
program run by a Christian debt consolidation company.
Whether a Christian can get into debt ('money or property which
one is obligated to pay another') is being debated within the
Christian community. Some say it is not O.K. for Christian to
owe any money, even for auto and/or home loans. Others say that
it is O.K. to sustain some personal debt as long as the item
purchased is an asset with the potential to appreciate. Another
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 passages 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.
Get more information on Christian debt consolidation
companies.