If you have a bad credit, what will happen to you?

Being late in your payments and missing payments at all will make you a risk. God's word clearly says to be honest, truthful, and to pay back what you have borrowed on time.

Jesus loves those who are faithful to His word.

 

[Steven Bobb]

I and others I know have been on the heavy end of people who promise when, how, etc. they will pay back, then when the time comes, you have to fish them up because they "hide" from you, and then they make excuses and set a new date, then when that date comes, more excuses, etc. I think the part I hate most is the lying. If someone was considerate enough to lend them, they should show consideration back and keep their word. Amen.

 

[DS1792]

One easy way to rebuild your credit is to open a secured credit card. Unlike an unsecured credit card (the card that most people have), secured credit cards use collateral for a credit balance. In other words, you have to put your own money down to open an account. These cards usually have a very low credit limit ranging anywhere from $200 - $600 with high APR's if you pay late. But you don't open a secured credit card to go on a spending spree. This is to rebuild credit. When the Recession in '09 hit, I took a massive financial hit and had to rebuild my credit. I opened a secured credit card with $250 down and I only charged gas for my truck. When the bill was due, I paid in full. Little by little, my credit score rose and it's now in the mid 700's. So that's the key: pay the bill every month in FULL and NEVER pay it late!

 

[Heston]

All my debts are paid back, thank the Lord. Just as Jesus took all my sins away and cleanse my soul from all sin and evil and now I am on my way to heaven, all is cleared up and purified by the Blood of the Lamb. Nothing will happen to those who honor their word, obey God's commands and are living a holy and pure life. Do not just look at what will happen to you, but look up to Jesus, what He would say about your witness to others and being faithful to Him. As for me and what I do, I shall glorify the Lord above all things.

 

[Joslina Nzioka]

Oh Lord, my credit report is bad. Teach me Lord how to have an excellent credit report. Discipline me on the ways of righteousness Amen

 

[Lukas]

Try not to have bad credit. It is not a good testimony of a good Christian life. Be honest with others and do what Jesus did. He paid everything He owed to others.