Quotes About Loans

Why don't we pass a law that says when you borrow money to buy somebody else and cannibalize him, the interest payments on those loans are not deductible? That would get the excesses out of the system pretty fast. Right now, if you want to buy up a competitor, generally you can't. That would violate the antitrust laws. But if you want to buy a company that does something else entirely, that's okay. Where's the sense in that?

It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their loans.

Much of the blame for the Great Recession lies with abuses in the housing market - namely the creation of risky and unsustainable home loans that were packaged and sold as quality investments around the globe.

Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company.

Often, there's a very basic, very dumb question at the center of a story that no one's asking. One of the biggest stories I ever did, 'The Giant Pool of Money,' was predicated on just such a dumb question: 'Why are the banks loaning money to people who can't possibly pay it back?' Asking the right dumb question is often the smartest thing you can do.

Any cut to Pell Grants means low-income must take out additional loans or work longer hours - risk factors that increase their odds of dropping out of school.

There were absolutely circumstances where Sallie Mae was working hand-in-hand with for-profit schools and other schools in offering and putting students into risky expensive subprime loans.

Subprime mortgages, typically defined as those issued to borrowers with low credit scores, make up roughly the riskiest one-third of all mortgages.

It is inevitable that any one who can borrow freely to cover errors of management will borrow rather than correct the errors.

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it.

Escrow accounts are an important tool for homeowners to the reduce the risk of mortgage default on high-priced loans. Millions of Americans, including my wife and I, utilize these accounts to make monthly payments towards the annual financial obligations that come with homeownership like taxes and insurance.

Every loan that we did in the City of Detroit in the 10 years they studied - between 2005 and 2014 - were conventional FHA, VA loans with average interest rates of 6%.

The stated object of the policy is to increase the cash reserves of the banks and financial institutions, so that they can increase their loans to business and individuals, thus stimulating the economy and providing new jobs for the unemployed. That is the theory, but it works only if you have both willing lenders and borrowers. In the absence of either one or both the medicine creates more questionable side effects than the intended recovery.

Creating banking monopolies and giving loans to politicians is good business for politicians, if they can get away with it. It is not particularly good for the citizens, however.

Her student loans were voracious and demanded monthly feedings

When the economy is good and everyone is making money, banks and other lenders can be surprisingly loose about demanding adequate valuation of the assets they're basing their loan amounts on. But when times get bad, it's just like Robert Frost once said: "A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.

The vast majority of debt that Anglo maintains is owed is strenuously disputed. However, I cannot now pay those loans which are due, following Anglo taking control of the Quinn Group of companies, which I and a loyal team spent a lifetime building.

Investment in Shriram will actually enable us to enter some of the retail segments such as vehicle financing, consumer and gold loans, and other products such as insurance, mutual funds, among others, where we wanted to have a footprint.

The Cleveland Cavaliers are forced to play in something called the 'Quicken Loans Arena.' This is a terrible name for a sports venue.

If you haven't saved, your child may have to work. But do what you can to NEVER take out student or parent loans.

The Christian fact is very straightforward: To be a student is a calling. Your parents are setting up accounts to pay the bills, or you are scraping together your own resources and taking out loans, or a scholarship is making college possible.

Mr. Obama seeks to federalize large portions of education, beginning with his attempt to nationalize college student loans.

Private student loans should be avoided at all costs.