Christian credit counseling provides more than financial coaching for people who are drowning in credit card debt. With the Christian approach, the focus is on spiritual growth, financial responsibility and compassion. According to a recent article by U.S. News & World Report, credit counselors help people with money problems. People who can’t afford to pay off their credit card debt often tap Christian credit counseling services as a more affordable way to handle the situation. A Christian credit counselor withholds judgement, helping to work with your creditors and get you a lower interest rate. Debt consolidation is only one of several benefits. While experts say consumers are in more debt than in the Great Recession, there are positive steps to take.
Learning to set a budget
People who set up a budget figure out where they can cut back on spending and how much they can save. Credit counseling helps you to put your financial situation in perspective with the facts. In most cases, you find all of your credit card statements and other bills so you can track your progress. By signing up for a debt management plan, you get out of debt on a specific timeline. Meanwhile, your budget keeps you on track for the rest of your life by helping you spend less than you make.
Improving your low credit score
If you have a low credit score, Christian credit counseling helps. Some tips you learn include how to check your credit report and dispute inaccuracies. Also, pay your bills on time. Instead of moving debt around with credit card transfers, simply pay off the debt. If you need help paying off a large debt load, turn to debt consolidation through a credit counseling agency. Avoid opening new credit card accounts, closing accounts you already have and falling prey to a debt settlement scam.
Receiving Christian credit counseling isn’t just about freeing yourself from credit card debt. It’s also about understanding your overall financial picture. You can easily reduce stress by resolving financial difficulties. Getting financial advice based on Biblical principles gives you greater financial peace. At Christian Credit Counselors, we help you get a refreshing new viewpoint of your financial situation with positive solutions. If you want to eliminate your debt so you can build true wealth, talk to one of our credit counselors. For more information about debt consolidation, please contact us.