Christian debt relief or Christian debt consolidation is all about helping people pay off debts which you are not in a position to pay currently. This type of consolidation uses the biblical principles or honor, honesty and financial responsibility.

What is the difference between normal debt relief and Christian debt relief?

Apart from the name, there is absolutely no difference between a normal debt relief program and a Christian debt relief program since you have to pay back the money you owe to others whether or not you are a Christian. These schemes or programs are referred as Christian debt consolidation or Christian debt relief programs since they work on biblical principles. Apart from the honest, honor and financial responsibilities which each Christian should have, the agencies also quote a saying 'one man cannot serve two masters'. Here they refer to God as one master and other master being the money lender. Therefore they say that you need to get off the debt quickly so that you can go back to serve your real master which is God. Here lies the need to pay off your dues faster and lead a debt free Christian life.

What are the benefits of a Christian debt consolidation scheme?

The services of Christian debt consolidation make it clear that you as a debtor are obliged to pay back the money you owe. You have to honor all dues and bills whether you are in a position to pay them or not. Their services will help you consolidate the debt and pay them off quickly. They will also educate you so that you don’t end up in the same situation once again. The various benefits of a Christian debt consolidation scheme are:

• Reduce or eliminate high interest rates!
• Consolidate your monthly credit cards and other unsecured debt into 1 simple payment
• Eliminate over the limit fees and late charges!
• Stop creditor delinquency and end those collection calls!
• No minimum financial requirements.
• Prompt professional service.
• Usually people with damaged credit are also eligible
• They will work within your budget to create an affordable monthly payment.
• You can get rid of debt pretty fast
• There is free debt counseling
• They will help you improve your credit rating as well.

How does Christian debt consolidation work?

Christian consolidation services are offered by consolidation companies as well as non-profit organizations. Both of them run on the same biblical principles as mentioned above. As the first step, they will have a free debt counseling session with you. In this session, they will try to understand and evaluate your financial situation in detail. The purpose of Christian debt counseling is to help you decide whether to go for consolidation or debt settlement. If you choose consolidation as your Christian debt relief option, then the debt consultants will negotiate with creditors/collection agency and work out a repayment plan on your behalf. As I said earlier it is similar to any normal debt consolidation program. Apart from the consolidation program, you can also take Christian debt consolidation loans. But you should understand that these loans come with high interest rates and will add to your debt.

There is another option called Christian debt management service or program. In this option the consultants will help you merge several bills into a single monthly payment. The consultants co-coordinate with your creditors and collection agency to get your bill amounts lowered and eliminates extra charges. The basic principle of Christian debt management services is to educate you to live within your budget which leads to financial freedom.

Christian or non-Christian, you should always honor your commitment and pay off your debts in timely manner. If you do that it relieves a lot of pressure from your mind and you can live freely. Christian debt relief and Christian debt consolidation are here to help you stay away from debt situation but ultimately it is your resolve which you lead to this freedom.

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