Why pawn shop used by the catholic church to lend money?


  • What is the money collected in a Catholic Church used for?

    Churches are institutions and therefore have similar financial practices to most other institutions in respect to property, personnel, supplies, legal fees, etc. Money collected during a catholic church service is used for the upkeep of the church property and the support of the priests and religious servicing that church as well as those things needed for services. Alms for the poor, family aid and other donations are taken from the collection as well. Dioceses are to catalogue, regulate and prioritize spending, which not only includes supporting its properties and religious but might also include running schools, hospitals, care facilities, seminaries, convents and monasteries and social clubs. Certain collections may be made for foreign missions or certain local or international causes. Church finances are not public domain knowledge and so information regarding precise holdings and transactions is difficult to obtain or verify. It cannot be denied that sometimes the money is used badly, as the opportunity is there for unscrupulous priests or bishops to dip into funds for extravagant personal purchases. Often when such scandals come to light they are highly publicized, though they are certainly the exception and not the rule.

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