Amortizing Loans Quotes

Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans. ~ Michael Hudson

In real markets, agents make bad choices. They are often ignorant, misinformed, and irrational. Yet, markets tend to punish agents for making bad choices, and they tend to learn from their mistakes. For instance, if you fail to pay your bills, your credit rating declines and you have a harder time getting loans. If you fail to do research and buy an unreliable car, you suffer from repair bills. In contrast, when people in government make bad choices, the political process almost never punishes them. Studies show that voters are terrible at retrospective voting - they do not know whom to blame for bad government - and so politicians are not punished for making bad choices. ~ Jason Brennan

In the simplest sense, the key to the performance of any traditional commercial bank ... is the profitability of the loans it makes. ~ Robert G. Wilmers

A debt-free bachelor's degree is, as it turns out, priceless: As Jane Austen puts it, it sets you up forever. My friends were still paying off their school loans in their forties. I never had any school debt at all. Because I had no debt, I could choose my life, and choose my adventure. ~ Susan Wise Bauer

Homeowners refinance their loans when interest rates go down. Businesses refinance their loans. ~ Elizabeth Warren

A few years ago, Dan and a research assistant went to a Toyota dealership and asked people what they would give up if they purchased a new car. None of the shoppers had spent any significant time considering that the thousands of dollars they were about to spend on a car could be spent on other things. ... Most people answered that if they bought a Toyota, then they would not be able to buy a Honda, or some other simple substitution. Few people answered that they wouldn't be able to go to Spain that summer or Hawaii the year after, or that they wouldn't go out to a nice restaurant twice a month for the next few years, or that they would be paying their college loans for five more years. ~ Dan Ariely

Game of Thrones? No. Game of loans. I'm going to loan my foot to your ass."
- Taliyah, the Cold Hearted ~ Gena Showalter

Instead of 6.7 million, the actual number was probably closer to 18 million, and, including Alt-A loans and loans backing PMBS, at least 31 million. Most of the missing subprime loans were on the balance sheets of Fannie and Freddie, which were hiding the numbers of subprime loans they had acquired to meet the affordable-housing goals. ~ Peter Wallison

Today, banking assets (that is, loans) in the world's major economies are equivalent to around 150 per cent of those countries' combined GDP. ~ Niall Ferguson

I would get my student loans, get money, register and never really go. It was a system I thought would somehow pan out. ~ Ray Romano

Being a journalist, I never feel bad talking to journalism students because it's a grand, grand caper. You get to leave, go talk to strangers, ask them anything, come back, type up their stories, edit the tape. That's not gonna retire your loans as quickly as it should, and it's not going to turn you into a person who's worried about what kind of car they should buy, but that's kind of as it should be. I mean, it beats working. ~ David

Gratitude is like credit; it is the backbone of our relations; frequently we pay our debts not because equity demands that we should, but to facilitate future loans. ~ Francois De La Rochefoucauld

Through my studies, I became increasingly disillusioned with the international aid system. I think we systematically deny poor people the chance to engage as equals in the global economic order. At best, we give them handouts or tiny loans and hope they will suffer a bit less from extreme poverty. We don't view them as equals. ~ Leila Janah

I'm here not just as an actress but as a woman, an African-American, a granddaughter of Ellis Island immigrants, a person who could not have afforded college without the help of student loans and as one of millions of volunteers working to re-elect President Obama! ~ Kerry Washington

why the rating agencies weren't more critical of bonds underpinned by floating-rate subprime mortgages. Subprime borrowers tended to be one broken refrigerator away from default. Few, if any, should be running the risk of their interest payment spiking up. As most of these loans were structured, however, the homeowner would pay a fixed teaser rate of, say, 8 percent for the first two years, and then, at the start of the third year, the interest rate would skyrocket to, say, 12 percent, and thereafter it would float at permanently high levels. ~ Michael Lewis

In our modern world of interdependent nations, hardly any state can wage war successfully without raising loans and buying war materials of every kind in the markets of other nations. ~ Arthur Henderson

Eventually, in the 1780s, Louis XVI, who had ascended to the throne on his grandfather's death, realised that half his annual budget was tied to servicing the interest on his loans, and that he was heading towards bankruptcy. ~ Yuval Noah Harari

After the dismissal of Hamrouche and until 1999, the state underwent a severe financial crisis and was on the verge of stopping all payments. Loans had to be negotiated with international financial institutions, particularly with the IMF, which required a structural adjustment program. State finances were saved by credits from the IMF and the European Union. Algerian negotiators, who played on the fear of the European states about the Islamist threat, said in effect, "It's either us, with all our defects, or an Islamist republic just one hour's flight from Europe." Alarmed to the point of panic, the West paid up without any conditions on how their credits were to be used. Policy thereafter fluctuated between rhetoric and laxity in letting deficits mount. ~ Ellen Lust

My degree was garbage stuffed inside a trash can of student loans. ~ Jacob Tomsky

It was not always the case, of course, that navies paid for themselves. In wartime, costs often exceeded revenues, and those deficits grew over time as fleets and armies got bigger. But this was hardly an insurmountable obstacle for the most dynamic economies in the world. The United Provinces and England were able to borrow all they needed to underwrite their defense budgets. The pressures of war gave a powerful impetus to the growth of stocks, bonds, loans, and paper currencies during the late seventeenth and early eighteenth centuries and helped to turn Amsterdam and then London into international financial centers. To take one example, the Bank of England was established in 1694 to raise funds to allow England to wage war against France. ~ Max Boot

Interlibrary loans are a wonder of the world and a glory of civilization. ~ Jo Walton

Growth at an exceptional rate is a red flag in banking. It is hard enough to manage an ordinary bank; to control a sprouting weed is well-nigh impossible. If loans are expanding too quickly, the lending officers have probably been saying 'yes' too frequently. ~ James Grant

selling my soul for student loans and an education. ~ Shareca Cole.

How can people decide who they want to spend the rest of their life with at this age? I can't even decide what to have for dinner! I can't decide if I want to be an actor, even though I've already got 35,000 dollars in student loans telling me I sure as hell better want to be an
actor. ~ Cora Carmack

Trouble free payday loans.

A payday loan is your remedy to an immediate have to have for money. A payday loans seems to be rather attractive. If you have a job, you can actually get a payday loan. Occasionally, consumers without having profession can get a payday loan. It is actually not straightforward to modify your spending budget without the need of a loan. You will find a lot of payday loan suppliers. Individuals also give payday loans. Typically, the rate of interest will be the most important aspect of any payday loan. You ought to usually be in a position to pay back the quantity borrowed. A payday loan can be fantastic after you possess a job or else it can be a disaster. You will have dollars deposited within your bank's saving account around the exact same day.

High rates of interest on a loan is usually Pikavippikioski.fi particularly difficult to manage. Payday loans can be a superb quick option but not a long-term solution. You will obtain the money inside your savings or present account. There is an arrangement for direct deduction out of your income created into the account. This can be a approach that may be set to run automatically and also you do not have to accomplish something. It's essential to understand that a payday loan is known as a short-term loan only. You have to spend a larger price of interest on a payday loan. Many people without having a job would need to supply some other safety of repayment. If you have bad credit, a ~ Stain Peter

I've never been a fan of loans between relatives or friends. They can divide relationships. ~ Jean Chatzky

The talk began about bank loans and investments. ~ Pam Munoz Ryan

We always stand to gain, whether it be an influential politician to further our interests - which is the most frequent and almost easiest case to fabricate - or a great businessman, most of whose money we administer through our own networks. It is therefore our interest to create as many such 'vicious circles' as possible. And it is on this foundation that we have built modern society and the so-called 'cell of society,' that is, the family which we have chained to an infinite set of dependences: jobs, houses, comfort, cars, bank loans, and long-term contractual obligations that sometimes extend over one or two generations of the respective family. The role of a 'vicious circle' is to make people dependent because, when this happens, they are no longer free. ~ Radu Cinamar

Ending up-front fees should make it far easier for all students to go to university as they will no longer have to pay up to /1,125 out of their loans at the start of each year. Student loans will also rise to meet average living costs. ~ Anne Campbell

Tolkien understood about the things that happen after the end. Because this is after the end, this is all the Scouring of the Shire, this is figuring out how to live in the time that wasn't supposed to happen after the glorious last stand. I saved the world, or I think I did, and look, the world is still here, with sunsets and interlibrary loans. And it doesn't care about me any more than the Shire cared about Frodo. ~ Jo Walton

Male, female, gay, straight, legal, illegal, country of origin - who cares? You can either cook an omelet or you can't. You can either cook five hundred omelets in three hours - like you said you could, and like the job requires - or you can't. There's no lying in the kitchen. The restaurant kitchen may indeed be the last, glorious meritocracy - where anybody with the skills and the heart is welcomed. But if you're old, or out of shape - or were never really certain about your chosen path in the first place - then you will surely and quickly be removed. Like a large organism's natural antibodies fighting off an invading strain of bacteria, the life will slowly push you out or kill you off. Thus it is. Thus it shall always be. The ideal progression for a nascent culinary career would be to, first, take a jump straight into the deep end of the pool. Long before student loans and culinary school, take the trouble to find out who you are. ~ Anthony Bourdain

Nobody wants to read about the honest lawyer down the street who does real estate loans and wills. If you want to sell books, you have to write about the interesting lawyers - the guys who steal all the money and take off. That's the fun stuff. ~ John Grisham

I'll release my tax returns when Barack Obama releases his college transcripts and the copy of his admission records to show whether he got any loans as a foreign student. When he releases that, talk to me about my tax returns. ~ Mike Huckabee

Long Beach Savings was the first existing bank to adopt what was called the "originate and sell" model. This proved such a hit - Wall Street would buy your loans, even if you would not! - that a new company, called B&C mortgage, was founded to do nothing but originate and sell. ~ Michael Lewis

In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now. ~ Thomas Frank

All of us, I suppose, like to believe that in a moral emergency we will behave like the heroes of our youth, bravely and forthrightly, without thought of personal loss or discredit. Certainly that was my conviction back in the summer of 1968. Tim O'Brien: a secret hero. The Lone Ranger. If the stakes ever became high enough - if the evil were evil enough, if the good were good enough - I would simply tap a secret reservoir of courage that had been accumulating inside me over the years. Courage, I seemed to think, comes to us in finite quantities, like an inheritance, and by being frugal and stashing it away and letting it earn interest, we steadily increase our moral capital in preparation for that day when the account must be drawn down. It was a comforting theory. It dispensed with all those bothersome little acts of daily courage; it offered hope and grace to the repetitive coward; it justified the past while amortizing the future. ~ Tim O'Brien

But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all. ~ Suze Orman

When the Goldman Sachs saleswoman called Mike Burry and told him that her firm would be happy to sell him credit default swaps in $100 million chunks, Burry guessed, rightly, that Goldman wasn't ultimately on the other side of his bets. Goldman would never be so stupid as to make huge naked bets that millions of insolvent Americans would repay their home loans. He didn't know who, or why, or how much, but he knew that some giant corporate entity with a triple-A rating was out there selling credit default swaps on subprime mortgage bonds. Only a triple-A-rated corporation could assume such risk, no money down, and no questions asked. Burry was right about this, too, but it would be three years before he knew it. The party on the other side of his bet against subprime mortgage bonds was the triple-A-rated insurance company AIG - American International Group, Inc. ~ Michael Lewis

It was during my explanation to my young daughter that I finally realized why I had been drawn to this particular practice of law. Yes, some of my clients were just gaming the system. They were charlatans no better than the banks they were taking on. But some of mu clients were downtrodden and disadvantaged. They were true underdogs in society and I wanted to stand for them and keep them in their homes for as long as I possibly could. ~ Michael Connelly

One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky paper because they assumed that they would be guaranteed by the federal government: read bailout from the taxpayers. Today's housing mess can be laid directly at the feet of Congress and the White House. ~ Walter E. Williams

Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't. ~ Evgeny Morozov

It is ludicrous to believe that asset bubbles can only be recognized in hindsight," he wrote. "There are specific identifiers that are entirely recognizable during the bubble's inflation. One hallmark of mania is the rapid rise in the incidence and complexity of fraud ... . The FBI reports mortgage-related fraud is up fivefold since 2000." Bad behavior was no longer on the fringes of an otherwise sound economy; it was its central feature. ~ Michael Lewis

Some days he walked along the banks of the river that smelled of shit and pesticides bought with World Bank loans. ~ Arundhati Roy

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for? ~ Jon Lovitz

I believe the best way to help our small businesses is not only through small-business loans, which we have increased since I've been the president of the United States, but to unbundle government contracts so people have a chance to be able to bid and receive a contract to help get their business going. ~ George W. Bush

OK, whatever, I was taking out false loans ~ Joe

Unpleasant odor wafting from the subprime mortgage industry that Eisman had detected. These companies disclosed their ever-growing earnings, but not much else. One of the many items they failed to disclose was the delinquency rate of the home loans they were making. ~ Michael Lewis