Quotes About Lending

Many European countries, as well as Australia, Canada, Israel, and New Zealand, have adopted legislation that creates a 'public lending right', where the government recognises that enabling hundreds of people to read a single copy of a book provides a public good, but that doing so is likely to reduce sales of the book.

My worst investment decision so far is to lend money to friends. So far, it has all come to zero.

No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, which pays zero nominal interest.

Never lend books - nobody ever returns them; the only books I have in my library are those which people have lent me.

Borrowing from Peter to pay Paul.

The best way to keep your friends is to never owe them anything and never lend them anything.

To improve your memory, lend people money.

No loan is free. The costs are in your loan somewhere, maybe rolled into the amount to be refinanced or even coming at a higher interest rate.

Peer-to-peer lenders originally sought to attract retail investors to its loan marketplace, but the lack of high-returning assets elsewhere in the market has made these platforms increasingly attractive to major asset managers and hedge funds.

When you don't have debt you don't care about your reputation in economics circles—and somehow it is only when you don't care about your reputation that you tend to have a good one. Just as in matters of seduction, people lend the most to those who need them the least.

Something really wacky happens when rice bankers start loaning out other people's capital: money is created.

When you spend for the cause of Islam, Allah adopts another manner of asking for it: Who is there who will give a loan to Me? [al-Hadid 57: II.] Just imagine His generosity. It is His wealth, it belongs to Him. Even if He asks us for it without offering any reward, He will be justified in doing so but yet He is prepared to buy back His own property so that you may again reap its benefits and gain a noble reward. Consider

Another deep philosophical issue, in principle relevant to thinking about international lending, surrounds the notion of "odious debt." In the Middle Ages, a child could be sent to debtors' prison if his parents died in debt. In principle, this allowed the parent to borrow more (because the punishment for failure to repay was so great), but today the social norms in most countries would view this transfer of debt as thoroughly unacceptable

regulate interest rates charged on bank loans.98

He that lends, gives.

A ready way to lose your friend is to lend him money. Another equally ready way to lose him is to refuse to lend him money. It is six of one and a half dozen of the other.

Better give a shilling than lend and lose half a crown.

Can I borrow fifty bucks?" "What?" "I'm short until payday." "You're short every day.

I could write a book - if I could write, ha ha - about how many times I've been ripped off lending money to people. I'm an absolutely unbelievable soft touch. Unbelievable. I never learn my lesson.

Aggression at a time when the economy was growing at substantial rates and the retail lending as an industry was growing at a substantial rate was an appropriate aggression. Caution at a time when the economic environment is so uncertain is an appropriate caution.

The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.

Don't lend money to friends -- it causes amnesia.

Lend your friend $20, if he doesn't pay you back then he's not your friend. Money well spent.

only when savers can put their money in reliable banks that it can be channelled from the idle to the industrious.