Quotes About Borrowers

Lending Club is changing the face of lending by removing the bank from the process. It operates online bringing together investors and borrowers directly so that both can benefit. The borrower benefits by getting a lower interest rate and easy access to funds and the investor benefits by earning a higher return than traditional fixed income investments.

Borrowers were told not to worry about paying the ever-mounting debt, because house prices would keep rising and they could refinance, taking out some of the capital gains to buy a car or pay for a vacation.

Conservatives may believe that impoverished borrowers destroyed Wall Street. But we liberals will not fool ourselves that stupid bankers sank conservatism for good.

Sure, we loaned money to build hotels and casinos in Las Vegas. So what? Las Vegas borrowers were good customers.

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

Borrowers will default. Markets will collapse. Gold (the ultimate form of safe money) will skyrocket.

The student-loan crisis has an underappreciated emotional valence too: The debt makes people miserable. In one survey, more than half of borrowers said that they have experienced depression because of their debt. Nine in 10 reported experiencing anxiety.

In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement.

When borrowers anticipate that politicians might cancel their loans, they stop paying.

Borrowers can already use bankruptcy to protect their vacation homes and investment properties, so why not their primary homes?

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

Unlike the quantity theory of money, which is a 'supply of money' story, the credit theory of money is a 'demand for loans' tale. The amount of money fluctuates with the demand for loans and the creditworthiness of borrowers; and both fluctuate with the state of business.

To bail out these borrowers, Rockefeller had to borrow almost $4 million, and nearly $3 million of that came from Standard of New York.

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

Some borrowers are pretty damn good at fraud.

What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal for themselves. It's up to the lenders to show restraint, and when they lose it, watch out.

The 2008 collapse in housing prices had the same cause: unlimited unsound loans to create highly leveraged borrowers.

We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers.

Life is unnecessarily long. Moments of insight, of fine personal relation, a smile, a glance,--what ample borrowers of eternity they are!

It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of different market players - exporters and importers, investors, borrowers, lenders.

What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.

The Interest Rate Reduction Act takes a first step toward providing critical stability by eliminating the threat of an immediate interest rate increase, while making clear the need to move toward a long-term solution that serves the best interests of taxpayers and borrowers.

Bad credit surgery loans are loan service that is basically meant to assist those borrowers who wish to go for a surgical procedure but they are not having ample amount of funds for financing their surgery. With the assistance of this loan service such borrowers can easily access the desired amount of funds along with the tag of their poor credit. The fund avail from this loan will also assist them to mend their awful credit status.

Borrowers are nearly always ill-spenders, and it is with lent money that all evil is mainly done and all unjust war protracted.