Christian Debt Reduction

“The rich rule over the poor, and the borrower is servant to the lender.”
Proverbs 22:7

Does this mean we should never borrow? No. But it does warn us to never take on a loan or use our credit cards without carefully examining our ability to repay. A loan we can handle is enabling, a loan we can’t handle is enslaving. You must realize that until you have repaid the loan, you are the servant to the individual or institution that made it. No one wants to find themselves in the position where their debts are piling up. But if that is the case, there are Christian debt reduction counselors available.

In Luke 12:42: “And the Lord said, ‘Who then is that faithful and wise steward, whom his lord shall make ruler over his household, to give them their portion of meat in due season?’”

We must be good stewards of what the Lord has blessed us with and spend wisely. Sometimes we find ourselves in debt for perfectly legitimate reasons. There could be an illness, rendering you unable to work. In these precarious times, we are seeing more and more people being laid off or hours cut substantially. There are regular monthly payments that are due and not enough to pay them. Sometimes credit cards are used to pay bills and the debt begins to build. It can become overwhelming and a Christian debt reduction service may be needed.

Do Some Research

Talk to a family member, friend or relative. Ask if they have ever used a Christian debt reduction counselor or service. You can do an online search and find that there are several companies all wanting your business. You do not want to become deeper in debt, so shop around. Word of mouth and personal testimonies are always the best references.