Lender Quotes

Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a great deal of risk. Moreover, even in a strong economy, unforeseen life events and risks in local real estate markets make highly leveraged borrowers vulnerable. ~ Ben Bernanke

Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy. ~ Dani Rodrik

It is better to be a lender than a spender. ~ Jim Rohn

The criminalization of debt, then, was the criminalization of the very basis of human society. It cannot be overemphasized that in a small community, everyone normally was both a lender and borrower. One can only imagine the tensions and temptations that must have existed in a community - and communities, much though they are based on love, in fact because they are based on love, will always also be full of hatred, rivalry and passion - when it became clear that with sufficiently clever scheming, manipulation, and perhaps a bit of strategic bribery, they could arrange to have almost anyone they hated imprisoned or even hanged. ~ David Graeber

My experiment in money exchange was the temptation to set up a bank. The absence of any Islamic banking was also another factor in establishing Al-Rajhi Bank, which is now the world's biggest Islamic lender by market value. ~ Sulaiman Abdul Aziz Al Rajhi

Face your financial issues head on. Open your bills, pick up the phone, call your lender. If applicable, tell them you're struggling and explain why. If you lost your job or took a pay cut, be ready to prove it. ~ Jean Chatzky

Many banks do not advertise they are portfolio lenders and many people working at the bank may not even know what a portfolio lender is. If you are calling up a bank and they say they aren't a portfolio lender, don't give up! Ask to talk to a loan officer and ask specific questions about what type of investor programs they offer. Here are some good questions to ask; Do you loan to investors who already have four mortgages? Do you sell your loans or keep them in-house? Do you allow investors with four or more mortgages to do cash out refinance? What terms and loan programs do you offer investors? ARM, 15, 30 year fixed, balloon? What interest rates are you charging and what are the initial costs for your loans? What ~ Mark Ferguson

From a broader money view perspective, however, September 2008 was the moment when the Fed moved from lender of last resort to dealer of last resort, in effect taking the collapsing wholesale money market onto its own balance sheet. But in the heat of the moment, no one noticed. ~ Perry G. Mehrling

Debt is a mistake between lender and borrower, and both should suffer. ~ Nassim Nicholas Taleb

Good nature is the cheapest commodity in the world, and love is the only thing that will pay ten percent, to borrower and lender both. ~ Robert Green Ingersoll

Memory is the worst lender; It lends not until it borrows. And it borrows not unless it is broke at the previous lending. ~ Ashfaq Saraf

What was to be a relatively innocuous federal government, operating from a defined enumeration of specific grants of power, has become an ever-present and unaccountable force. It is the nation's largest creditor, debtor, lender, employer, consumer, contractor, grantor, property owner, tenant, insurer, health-care provider, and pension guarantor. Moreover, with aggrandized police powers, what it does not control directly it bans or mandates by regulation. ~ Mark R. Levin

The idea that an independent Scotland - having separated assets and liabilities from the rest of the U.K. - would expect the rest of the U.K. to be a lender of last resort, and of course be kind to them, doesn't make any sense. ~ Johann Lamont

If you decide you need a secured card, use it to charge small items every month, then pay the balance off in full. If your credit score improves, and the bank doesn't offer to upgrade your card within 12 to 18 months, give them a call. If they refuse, try another lender. ~ Jean Chatzky

Proverbs 22:7 "The rich rule over the poor and the borrower is slave to the lender."

Galatians 5:1 "do not let yourselves be burdened again by a yoke of slavery. ~ Anonymous

Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry. ~ William Shakespeare

Ninety percent of the students take the 'preferred lender.' Why? Because that's the nature of the relationship. You trust the school. The school is in a position of authority. ~ Andrew Cuomo

In the past, if a homeowner with a mortgage had a problem making the payment, often he'd get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community. ~ Henry Paulson

If you had saved $20 per week for just ten weeks, you could have bought the scratch-and-dent model off the floor at the same Rent-to-Own store for $200! Or you could have bought a used set out of the classifieds or online. It pays to look past the weekend and suffer through going to the Laundromat with your quarters. When you think short term, you always set yourself up for being ripped off by a predatory lender. If the Red-Faced Kid ("I want it, and I want it now!") rules your life, you will stay broke! ~ Dave Ramsey

It is assumed that when anyone gets into debt, the fault is entirely and always the fault of the lender. ~ Bernard Levin

The borrower is slave to the lender and the debtor to the creditor. ~ Benjamin Franklin

I see that you have come to the last stage of human life; you are close upon your hundreth year, or even beyond: come now, hold an audit of your life. Reckon how much of your time has been taken up by a money-lender, how much by a mistress, a patron, a client, quarreling with your wife, punishing your slaves, dashing about the city on your social obligations. Consider also the diseases which we have brought on ourselves, and the time too which has been unused. You will find that you have fewer years than you reckon. Call to mind when you ever had a fixed purpose; how few days have passed as you had planned; when you were ever at your own disposal; when your face wore its natural expression; when your mind was undisturbed; what work you have achieved in such a long life; how many have plundered your life when you were unaware of your losses; how much you have lost through groundless sorrow, foolish joy, greedy desire, the seductions of society; how little of your own was left to you. You will realize that you are dying prematurely. ~ Seneca

wife wouldn't be going to Disneyworld with their two ~ David Lender

You can be a lender who wants to compete and have a better product, but you just can't get to the students. The schools are controlling the access to the students. ~ Andrew Cuomo

A money-lender
he serves you in the present tense; he lends you in the conditional mood; keeps you in the conjunctive; and ruins you in the future. ~ Joseph Addison

Banks are nothing but old fashioned money lenders. They encourage you to borrow, to get in debt, and when you can't pay back the loan they take your home away. At least a money lender only breaks your legs. ~ Karl Wiggins

Hamlet | Act I, Scene III

POLONIUS:
Yet here, Laertes? Aboard, aboard, for shame!
The wind sits in the shoulder of your sail,
And you are stay'd for. There, my blessing with thee.
And these few precepts in thy memory
See thou character. Give thy thoughts no tongue,
Nor any unproportion'd thought his act.
Be thou familiar, but by no means vulgar.
Those friends thou hast, and their adoption tried,
Grapple them to thy soul with hoops of steel;
But do not dull thy palm with entertainment
Of each new-hatch'd, unfledged comrade. Beware
Of entrance to a quarrel; but being in,
Bear't that the opposed may beware of thee.
Give every man thy ear, but few thy voice;
Take each man's censure, but reserve thy judgment.
Costly thy habit as thy purse can buy,
But not express'd in fancy; rich, not gaudy;
For the apparel oft proclaims the man,
And they in France of the best rank and station
Are of a most select and generous, chief in that.
Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine own self be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.
Farewell. My blessing season this in thee! ~ William Shakespeare

Home mortgage - If you pay one extra month's mortgage (write, "Principal only" on the check and send a note to the lender), you will take seven years off a thirty-year mortgage. ~ Cary Siegel

If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it. ~ Irving Fisher

Beginning in the 1980s, electronic trading detached the buyer from the seller, complex derivatives insulated the investor from the company, CDOs sequestered the lender from the borrower - in other words, the decade constructed a system that allowed us to rip each other off without fear of having to look at the ramifications of our actions. ~ David Sirota