ChristiaNet.com (http://www.christianet.com), the world's largest Christian portal with twelve million monthly page loads, asked readers to participate in a new survey by answering the question, "Should Christians get cash advance loans?" The overall consensus of those who participated seems to be that it depends on the reason one is getting the loan. Individual circumstances can vary and sometimes Christians need help. ChristiaNet's President, Bill Cooper advises, "Consider the need to the amount of interest charged on cash advance loans. If the need calls for desperate measures, then do some research before making a final decision." (http://www.christianet.com/cashadvance/)
Out of 317 responses, 111 answered "yes" to the survey question. Many participants in this group felt that sometimes loans are needed to help with negative financial situations. Emergencies often call for needed cash but it is important to pay back the loan promptly to avoid other charges. Christians shouldn't go into debt but sometimes it may be necessary. One participant said, "Everyone makes mistakes and can accidentally get into trouble financially. If you are honest, trustworthy, and capable of repaying the debt, go ahead but pray first."
The number of participants who answered "no" to cash advance loans totaled 117. Many in this group believe that it is money mismanagement that causes people to result to paying high interest loans. One Believer wrote, "The Bible says that being in debt is similar to being a slave. We serve a God that provides for His children but He also wants us to learn good stewardship." Looking for a reprieve out of a bad financial situation is good but Believers should seek God and be obedient to His Word for their answers.
Eighty-nine readers were unsure about the answer to the survey question. Readers seem to agree that borrowing money for an emergency is one thing but making a habit of doing so is another matter altogether. As one reader pointed out, "This should be done on the direction of the Holy Spirit." Many in this group acknowledged that everyone's financial situation is unique. Therefore it really depends on the situation and why the money is needed. One reader advised, "Just make sure that you can pay back the money before borrowing it." For more information, visit: http://www.christianet.com/articles/
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