Should a Christian use a debt relief agency?
jdbrown919 asked:
I would like to do the “Dave Ramsey” method to snowball my debt, but I don’t have enough money to start. What are the negatives for looking into a debt relief program? If any?
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I would like to do the “Dave Ramsey” method to snowball my debt, but I don’t have enough money to start. What are the negatives for looking into a debt relief program? If any?
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November 23rd, 2008 at 3:11 pm
I don’t think credit counseling has the negative connotation that it used to. Fannie Mae does not restrict a borrower from getting a loan if you are in the program.. CCCS is not free. Be sure to get a breakdown of what it is going to cost you.
November 25th, 2008 at 5:01 pm
Keep in mind that any credit counseling service that does nothing but teach you how to deal with debt isn’t teaching you anything that you can’t learn for yourself for free. Do some researach. Go to Ripoffreport.com and do some google searches. Find out what others have to say about the debt relief program/s you are considering. Then you can feel comfortable knowing you are making the best possible decision.
And I personally don’t see anything wrong with a Christian using a debt relief agency. You are doing your best to help yourself while doing the right thing. I think there is a lot to be said for that. Best of luck.
November 28th, 2008 at 7:30 pm
Debt relief is a common problem many americans are now facing. Every legitimate debt relief service providers will give you advice for free. Try visiting multiple debt relief services and inquire about your questions and compare thier answers. You will be able to tell which ones are providing useful advice.
Hope everything works out.