To add insult to injury, the KH I go to payed off their 15yr loan (mortgage) to the society about 8 yrs early. The kicker is that we had to pay the total INFLATION (interest) for the full 15 yr term.
If this 3% is inflation money, then why do we need to fulfill our total term as far as interest collected is concerned?
Has anybody else heard of this?
And another thing, we have been told that we are to pay $8 per publisher for our monthly bills. But after paying off the loan we're told to continue contributing the $8 per publisher so that we can collect enough money for a renovation later in the future. Five yrs later we are told that we will need to borrow money from the society for our renovations. It seems that our renovation fund was sent to the society to further "kingdom interests". What a scam!!!! I'm fuming over this every time I think about it.
MONEY, MONEY, MONEY. THAT'S ALL IT'S ABOUT!!!!!!!!!!!!!!!!!!