The average American family devotes one-fourth of its spendable income to outside debts. Since 1945, consumer debt in the United States has multiplied thirty-one times. The IRS calculates that the average filer spends ten times more paying off interest on debts than he gives to charitable causes. If all evangelical Christians were out of debt, […]

Many churches spend more on interest payments than on world missions. Debt ties the church’s hands. If attendance drops, the economy suffers, or giving dips, then pastors or missionaries must go unpaid. The building completed eight years ago, already needing repairs, keeps demanding those monthly payments, mostly going to interest. . . . When a […]