They shipwreck people's true faith in exchange for a false faith that is based on nothing more than speaking formulas and denying reality. They are just another Christian Science, mind over matter, cult with ties to New Age, thus Hinduism. Robert Tilton was a prime example. I am sure they would all like to distance themselves from Tilton, but they are not that different. When unsaved people hear the gospel according to Word Of Faith teachers they get a totally perverted idea of what the gospel really is.
Cost of discipleship is traded for health, wealth, and prosperity.
What a travesty. God must weep. People they hold up as heroes of faith wouldn't even be on God's scale and people who have impressed God through the ages by actual faith through adversity are thought to be failures by the Word of Faith folks. I have a friend in Texas whose little girl, the apple of his eye, is undergoing chemo for an inoperable brain tumor. The doctors give little or no hope of her living any length of time.