Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is Christian Debt Settlement a Scam? Are The Christian Based Companies Truthful?

0
10 Posted

Is Christian Debt Settlement a Scam? Are The Christian Based Companies Truthful?

0
10

Christian debt settlement is not for the faint of heart, especially with all the wolves in sheep’s clothing out there trying to part people who need help from what money they do have. This approach to getting out of debt should be used with caution, but not totally avoided. Even the Christian based companies that are advertised as your salvation to the credit trap you find yourself in should be viewed skeptically and checked into fully before you sign up OR hand over any money. In fact, many debt settlement companies charge significant upfront fees as well as ongoing additional fees to assist you in lowering your debt load. These fees are supposedly based on such things as the number of debts they will be negotiating, the amount of money you own through your various loans or even the amount of debt that they negotiate for your creditors to forgive.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123