The Ethics of a Christian Debt Consolidation
Company
by: Angela Rogers
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.
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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 here -
http://www.debt-helper.info/christian-debt-consolidation.html
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