By Debt
 Prior to the 20th century debt was looked upon as evil and only used by people with poor character. Following World War II the use of consumer credit became more common. In the mid 1970's the nation's consumer debt was approximately 8 billion dollars. Today there is a whole generation of people who have grown up using credit cards and our present consumer debt is approaching 900 Billion dollars most of which has accrued through use or misuse of credit cards. Proverbs states correctly that the when it comes to debt the "borrower is the slave of the lender".
Christian debt counseling has many benefits that are not found in secular debt counseling. The authority of the biblical teaching concerning debt is quite clear. The evils of debt are demonstrated repeated throughout the bible. Christian debt counselors will use these teachings to develop debt elimination plans according to scriptural principles. Eliminating and staying out of debt Is a long held God given responsibility.
Apply Now for Christian Debt Consolidation Loan
Christian consolidation loan are only available from Christian based financial institutions. In |
|
Read more...
|
|
By Allen Wright
 Sometimes all you need to do to find the best debt consolidation company is look in the mirror. Although the entire industry is built around making you believe that you don't have any other options, you do. This article will take a look at a few of them and how you can use them to dig your way out of debt.
First, let's look at the old saying "You can't borrow your way out of debt." I couldn't agree more, and there are few statements that hold as much truth and insight as this one. However, when looking at a debt consolidation loan, you're not trying to borrow your way out of debt. You're trying to (or you should be, at least) decrease the total amount that you're paying on high interest rate debt, and thus decrease the amount of time that you need to pay it off.
Remember, compounding interest is the 8th wonder of the world, and so it goes with debt as well as savings. A credit card at 20% APR and a $1000 |
|
Read more...
|
|
By Rick Hendershot
 If you are considering bankruptcy, but have serious misgivings that are preventing you from making a decision to procede, prepare to be enlightened. Here is a list of the top five big bankruptcy myths.
Myth #1 - Everyone will know I've filed for bankruptcy.
Don't be offended, but almost nobody will know (or care) that you have filed for bankruptcy. Unless you're a big shot in your town or someone the media likes to highlight from time to time, it is very unlikely that anyone other than your creditors and perhaps a few close friends and family members will know you have filed.
Yes it is true that bankruptcy is a public legal proceeding, but the fact is there is no single place that you can find an up-to-date list of people who have recently filed for bankruptcy. The number of people filing for bankruptcy is so high that very few publications have the manpower or motivation to assemble and update this information.
Myth #2 - When you file a Chapter 7 bankruptcy all your debts are wiped out.
This |
|
Read more...
|
|
|
|
<< Start < Prev 11 12 13 14 15 16 17 18 19 Next > End >>
|
| Results 41 - 44 of 75 |
