Each Christmas families buy presents in the spirit of giving to share with loved ones.
The tradition of giving bigger and better gifts has led to an increase in consumer spending and confidence in the economy, but has also left some families faced with a mountain of Yule tide debt when the January credit card statement arrives.
The downfall to paying for Christmas presents on borrowed money is that frequently only a portion of the balance is paid down over the year before Christmas rolls around again and the credit cards are racked up once more to pay for all of the expensive presents.
As the vicious cycle of making limited payments to mounting debts continues consumers find themselves haunted by the thought of falling farther and farther behind in their ability to control their spending and eventually end up with several credits cards maxed out to the limit, wondering how they will ever escape from the oversized balances that continue to earn interest.
For people that have been trapped on the spending treadmill there is a way out from underneath all of the debt.
Christian debt counseling services provide Christian debt consolidation programs that enable multiple credit card balances to be combined into one more manageable payment easing the stress of paying out to different cards at different times and making bad credit debt consolidation a bearable burden.
Christian credit counselors provide detailed solutions for combining bad debts to consumers saving them from the embarrassment of bankruptcy and allowing them to rebuild their credit ratings without starting over.
With the right Christian debt counseling the holidays can be manageable again and so can the monthly budget.