Debt and the Bible (part 2)

Debt and the Bible (part 2)

Picking up from the last article regarding the Bible saying no to taking away the debtor’s livelihood, just to satisfy what was owed, aside from foreclosure-it could also be referring to a judgment case.

A judgment could be any of the following:

1) Wage garnishment – an automatic debiting from the debtor’s salary.

2) Bank levy – an automatic debiting from the debtor’s accounts.

3) Property lien – rights on the debtor’s prorperty.

 

It’s important to note, though, that for a collector or creditor to obtain a judgement against the consumer, they would have to file a case to the court first, and must win.

An example of property lien in biblical times: Do not take a pair of millstones—not even the upper one—as security for a debt, because that would be taking a man’s livelihood as security. – Deuteronomy 24:6

An example of any of those judgments: “But he refused. Instead, he went off and had the man thrown into prison until he could pay the debt. - Matthew 18:30

It should instead be:

She went and told the man of God, and he said, “Go, sell the oil and pay your debts. You and your sons can live on what is left. – 2Kings 4:7

 

What else does the Bible state about debt?

Although the Bible does not really specifically prohibits all debt, it warns against it, and preaches that it’s not what a Christian’s usage to constantly be in debt. Also, it seems a lot like the Bible does not really condemn the debtor but is tough on lenders.

This is how it is to be done: Each creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD’s time for canceling debts has been proclaimed. - Deuteronomy 15:2

If there is a poor man among your brothers in any of the towns of the land that the LORD your God is giving you, do not be hardhearted or tightfisted toward your poor brother. -Deuteronomy 15:7

Those might not be applicable or practical with the times. There are already many business systems in place and they would reject any notions of full debt cancellation. It’s really cut-throat in the financial world and so the ideal thing that consumers can do is find ways to papy that debt somehow.

The good news is, if the debts are mostly unsecure, with a high balance, state ,000 and above, there is a program for it. It’s called Debt Settlement, in which reduction of that ,000 debt, is the primary goal. This debt relief type is only for consumers who doesn’t want to end up filing bankruptcy.

why do christians have the highest divorce rate in North America and yet they are the ones who condemn others_?

Blue Eyed Homo Asked:
why do christians have the highest divorce rate in North USA and yet they are the ones who condemn others_?

not through with the marriage stick thick and thin? They seem to establish that the couple separated (not working), and yet they have to go those defensive, though this fact is pointed at them and throw the towel in early than the meistenIst this another example of Christian hypocrisy

Best answer:

Answer by Androgyny
Because Christianity in North USA doesn’t necessarily mean real Christianity. Many people adjudge themselves Christian simply because their parents were Christian or their spouse is Christian but they have never picked up a bible or even gone to church.

Know better? Leave your own answer in the comments!

Do it Yourself With The Insider Techniques to Increase Your Credit Score

Learn how to increase credit score fast without spending thousand of dollars paying to attorney or credit repair clinics. The answer, as you probably guessed, is you can now fix credit score yourself. A higher credit score can save you thousands of dollars. Both requires a different approach a.k.a “The Insider Techniques”.

Understanding The Insider Techniques “Credit repair” is simply the study given to the process of improving your credit score, and removing incorrect items from your credit report.

Insider Techniques involve strategies known as :-

The insider techniques tips are provided by Consumer Publishing Group, which publishes the Credit Secrets Bible (in print since 1994 and updated apiece year).

The Fact

United Says citizens are rich with “buying power” but poor in the knowledge and financial intelligence that tell us how to use it. This might be why over half a million people (597,965) filed for Bankruptcy in 2006.

Most people don’t realize that they are “knowledge-poor” in the area of finances and credit until it’s too late. By the time most of us are aware that we demand financial intelligence, the alteration has already been done. This is why understanding credit and credit-repair is so important. For many people, credit repair should be the first step that they take towards a superior financial future.

Credit Secrets Bible’s insider techniques have helped hundreds to raise their credit score with simple action plan and tips.

DO YOU KNOW THAT…..?

The credit report banks and businesses get to see has about TWICE the financial information compared to the credit report you receive from the credit bureaus? That’s right. In most cases, the credit bureaus send a much more detailed report to businesses than they send to you. A bit deceiving, isn’t it?

This is why banks and businesses (except mortgage lenders) will NEVER give you a copy of “your” credit report. The credit system is full of “little secrets” like this. Most people find them frustrating.

Credit Secrets Bible will show you how to take apiece one of these secrets and use it to your advantage.

Tips #1 – LOWER DEBT TO CREDIT RATIO

“I have excellent credit, I pay all my bills off in full each month!” This is a false belief for one to purchase into and understanding your debt to credit ratio holds the key to getting your “credit mindset” right.

For example, if you have $10,000 in total unsecured revolving credit accounts and you’re currently in debt $2500, then your debt to credit ratio is 25%. Since the main way lenders make money is by charging interest, one of the elements of the credit scoring model is driven by your capability to maintain balances and pay over time. This shows your true (long term) credit worthiness which is most profitable to lenders since they make money primarily via interest and not annual fees.

If your debt to credit ratio is high, you can bring it down without selling everything you own. The next tips will explain it.

Tips #2 -Sub Prime Merchandise Cards

Sub Prime Merchandise Cards can be used to increase high credit limit and decrease their debt to credit ratio. A lot of people misunderstand the benefit of this card due to marketers misrepresenting the cards and the growing number of companies promoting them. When you learn how they work one swiftly comprehends why they have been the subject of much misrepresentation.

Credit Secret Bible have explain in details and here how it works: if you get a $5,000 card and you finance $500, on your credit report it will look like any other credit card and will do three extremely important things for you.

i. It will increase your current “High Credit Limit” by $5,000 almost overnight.

ii. By carrying a small outstanding equilibrise it will positively impact your credit report by building and showing potential lenders your credit worthiness.

iii. With a good payment history you are virtually guaranteed to receive “legitimate” pre-approved credit offers in the future due to other lenders renting your study from the credit bureaus.

This technique is hard to beat for both cost and effectiveness. The whole key is knowing exactly which cards report to the credit agency and offer the ideal rates.

Tips #3 – Piggybacking

Piggybacking is not used by almost as many consumers as it should be. Even though it is easy, effective, and extremely fast. Unfortunately, it’s mostly used among parents and siblings while those who can really benefit stay in the dark. You can easily benefit by being an “Authorized User” or “Secondary Account Holder”for a credit card holder.

For an example, if your fiancee holds a credit card with a $10,000 limit which has been paid as concurred for the last 10 years, then that complete history will be posted to you if you are the authorized users’ credit report. As you can see, this strategy is usually only used by parents and their reaping credit wise! In fact, in current years, due to its’ effectiveness, this technique has led individuals with excellent credit scores to “rent out” authorized individual accounts on one or even multiple credit cards in return for a fee!

Learn more tips on how to increase credit score fast with all the secret of insider techniques such as advanced credit profiling, deposit loan programs and many more.

Politically Speaking, why is the divorce rate in America 67%?

Westboro Public Relations Rep. Asked:
Politically Speaking, why is the divorce rate in USA 67%?

The Bible instructs that divorce is a reason other than adultery is a sin and a breach of establishment in God! This is to be blessed a Christian nation breathtaking be with our Lord, if someone can please tell me what happened and to take away our once-proud family values ??that once existed in each household in this great nation? Was it doomed them Liberals?

Best answer:

Answer by Football Maestro (José)
Tr-tr-tr-tr-troolllin’…

Give your answer to this question below!

Why are divorce rates in America so high?

Rachel Asked:
Why are divorce rates in USA so high?

Why are the divorce rates in USA are so high? They project 50% in the next few years.

Best answer:

Answer by bugYA
We have left the teachings of the Bible.

Add your own answer in the comments!