Foolish Bible Debt

The Good Book has some bad things to say about debt.

QUESTION: Listener’s church has $10 million in debt and a $19 million operating budget. They want to begin a $50 million building campaign. Does the Bible address church debt? Not specifically, but it does talk about debt … negatively.

ANSWER: The Bible doesn’t address any specific kinds of debts, but debt in general. It says negative things about debt. It’s not a salvation issue or a sin, but it repeatedly says negative things about it. The Bible says debt is stupid.