Dr. Couch, should churches borrow money for building during these tight times? And should they ever borrow for various projects?
ANSWER: The Bible is not against borrowing but it can be risky and must be done carefully. The Bible is against usury, that is, it is against excessive charging of interest. I would certainly be against borrowing large sums, especially with what is now happening in our nation.
I believe many churches are on an ego trip. They feel they have to build new buildings in order to be viable. I do not believe that! Churches should operate within their means and not go beyond what they are capable of handling. To have a huge mortgage in today's climate would be foolish!
Thanks for asking.
Dr. Mal Couch
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