How to Fix Your Credit

INTRODUCTION

Credit is a tool that allows us to enjoy something today with the money we will earn tomorrow. It also provides insight into who we are as spiritual beings. Sacred scripture shares many texts that refer to money or finance. Among them we find one of the most often quoted scriptures, "For the love of money is a source of all kinds of evil. Some have been so eager to have it that they have wandered away from the faith and have broken their hearts with many sorrows" (Good News Bible, American Bible Society, 1 Timothy 6:10).

This scripture explains how money can switch from being simply a tool to becoming the focus of one's life. We must understand that credit is available to us for the immediate purchase of a necessary and affordable item. As people of faith, it is important that we understand when it is appropriate to use credit. Too many of us borrow from the future to acquire things that we really don't need in the present. If you are thinking of borrowing from your future, you should ask yourself, Why am I borrowing from my future earnings? Am I borrowing from the future to invest in the present so that my future c ... read full excerpt from How to Fix Your Credit ebook