It is easy to get distracted by the demands of ministry and congregational missions. For many pastors, this constant focus on spiritual work can place financial health at the bottom of the list and creates long-term financial issues.
Let’s be honest, money is stressful. In the bible money is mentioned more than 800 times and nowhere is debt viewed in a positive way. The burden of debt can affect clergy physically, emotionally, and spiritually.
The Clergy Loan Program with the United Methodist Foundation, Inc., (UMF of North Carolina) gives clergy the opportunity for a new beginning through low-interest loans and it also helps them plan for long-term financial well-being. Access to the loan is life-changing for clergy who feel they will never be able to get out from under their debt. The foundation is about helping clergy get to a place where they have control over their money instead of being controlled by the weight of financial debt. It’s about progress and improving their overall financial outlook.
For more information about the UMF Clergy Loan program, email clp@umfnc.org or click here for applicant information.