Credit Score or A Good Name?

I've heard many say "I don't care about my credit."  There are different reasons why people would say that.  "It's a concept of the kingdom of this world", "you should not live by credit, so it's insignificant", "I'm a homemaker, so as long as my husband's is good, my doesn't make a difference",  "my credit is already bad anyways..."

We have been repeatedly having to make financial decisions based on this concept of having a good name.  A good name before God and man tells a lot about the kind of person we are.  The Word of God says, "A good name is rather to be chosen than great riches, and loving favor rather than silver and gold" Proverbs 22:1.

Our credit score says a lot about who we are.  Are we responsible?  Are we reliable? Truthful? Honest? Trustworthy?  Careless? Psalm 37:21 says, "the wicked borrow and do not pay".

In the area where we live in, many people have defaulted on their mortgages, including us.  Many of these are because of loan modifications that people are waiting for to be approved.  The truth is that almost all don't and won't get approved.  In the mean time people have gotten so far behind their payments that they end up foreclosing on their properties.  We faced this similar scenerio.  But we had to always remind ourselves, "a good name is to be chosen rather than great reaches."  People would advise us to foreclose, even to file bankrupcy.  Just the thought of that would make me sick.   A foreclosure or a bankrupcy is tied to your name forever.  What kind of name do we want our children to inherit?  We fought this idea because it was unbiblical and we chose to walk the hard path in our financial mud pie.

Listening to the world's professionals unbiblical advise has costs us hundreds thousands of dollars.  We haven't had the courage to add up the loses yet.  But we will, I promise, someday, because it's such a life lesson.

4 Reasons why a good name is essential:

1. We represent God's name (2 Cor. 3:2)


2. We honor our parents by it (Ephesians 6:1-3, Proverbs 28:7)


3. We pass it on to our children (Proverbs 10:7)


4. We need it for business transactions,  a good credit score says a lot about you

Beware of Compromise!  Satan wants to destroy a man's name.

What are some of the things you can do to earn a good name?

• Be true to your word.  This includes to God as in marriage vows for example.  To your family and to others