Loans Quotes

Keep your head down, fella. Do your job. Sell the product, write the contracts, negotiate the loans, attend the closings, bank your share and fatten the Keogh accordingly. ~ John D. MacDonald

Almost all modern governments are highly conscious of what journalism calls 'world opinion.' For sound reasons, mostly of an economic nature, they cannot afford to be condemned in the United Nations, they do not like to be visited by Human Rights Commissions or Freedom of the Press Committees; their need of foreign investment, foreign loans, foreign markets, satisfactory trade relationships, and so on, requires that they be members in more or less good standing of a larger community of interests. Often, too, they are members of military alliances. Consequently, they must maintain some appearance of stability, in order to assure the other members of the community or of the alliance that contracts will continue to be honored, that treaties will be upheld, that loans will be repaid with interest, that investments will continue to produce profits and be safe. "Protracted internal war threatens all of this ... no ally wishes to treat with a government that is on the point of eviction. ~ Sebastian Marshall

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

The Democrats, because they believe in socialism, redistribution, forced the banks and financial institutions to make the risky loans. ~ Sean Hannity

The God who loans you life sees your every move, hears each word you speak, and knows your every thought. And this is a good thing. You are seen by God. Noticed. Known. ~ Francis Chan

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

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

Sometimes it's not about making a ton of money in one night, just to spend the rest of your life waiting on the next payday. You will fare better investing time, planning, strategic thinking in order to secure a stable, fruitful future. ~ Carlos Wallace

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'd thought about this for a long time. "That bank loses that much money in bad loans every
month. They make that much money in interest every day. They're a big bank. The money I
took was small change to them. No depositor was hurt."
She shook her head. "I still can't approve of it. I don't think it's right."
I felt my face go remote, still. I crossed my arms and felt cold.
She spread her hands. "It doesn't change the fact that I still love you. I've missed you terribly.
I've missed your phone calls, and I've missed your body in bed next to me. I don't know what
to do about this. My loving you goes way beyond my disapproval of your theft."
I uncrossed my arms and reached across the table for her. She leaned forward and we kissed
until the candle burned a hole in my shirt. Then we laughed and I held an ice cube to the
burn and the food came and everything was all right. ~ Steven Gould

Delirium takes over Oakland Scott Strazzante / The Chronicle Right: Stephen Curry's wife, Ayesha, and limelight-grabbing daughter, Riley, wait for Game 6 to start at the Quicken Loans Arena in Cleveland. ~ Anonymous

A concrete embodiment of the jubilee commandment was evidenced in a rural church in Iowa during the "farm crisis." The banker in the town held mortgages on many farms. The banker and the farmers belonged to the same church. The banker could have foreclosed. He did not because, he said, "These are my neighbors and I want to live here a long time." He extended the loans and did not collect the interest that was rightly his. The pastor concluded, "He was practicing the law of the Jubilee year, and he did not even know it." The pastor might also have noted that the reason the banker could take such action is that his bank was a rare exception. It was locally and independently owned, not controlled by a larger Chicago banking system. ~ Walter Brueggemann

I tried out for another show while I was in college so I could pay off my student loans, and it sort of led to The Real World. The same people that were casting that show were casting The Real World, so they asked me to do it. ~ Trishelle Cannatella

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

Colonel Sanders as played by Hot Daddy Harrison Ford, cracking the whip on some island plantation, topping every native boy, stopping only long enough to enjoy a refreshing Coca Cola. Because every white guy is a blonde, Aryan top. All of us are the Christian Soldiers of Capitalism that flew TWA into your country, depositing AIDs in your brothels and IMF loans in your banks. ~ Tom Cardamone

For while white conservatives use government assistance copiously--whether it be Social Security, or mortgage tax relief, low-interest federal college loans or Medicare--in their political discussions they tend to define their benefits as not being "welfare," in contrast to the somehow less noble assistance provided to their black and brown neighbors. ~ Sasha Abramsky

This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation. ~ Eric Kierans

As befits Silicon Valley, 'big data' is mostly big hype, but there is one possibility with genuine potential: that it might one day bring loans - and credit histories - to millions of people who currently lack access to them. ~ Evgeny Morozov

Moreover, an archetype exists in the nation's consciousness that connects student loan debt with irresponsibility. This is a result of well-publicized accounts of loan defaults in decades past in which students took out loans with no intention of ever paying them back and simply filed for bankruptcy after graduation. This perception was sufficiently strong that in the 1970s, Congress was convinced to remove bankruptcy protections from student loans. However, according to a March 2007 paper by John A. E. Pottow of the University of Michigan, this perception had a fatal flaw: "The fatal problem is that there are no empirical data to buttress the myth that students defraud creditors any more than other debtors."1 In fact, it was shown that when student loans were dischargeable in bankruptcy, there was a less than 1 percent bankruptcy rate among student debtors.2 Nevertheless, this misconception has been so often repeated that it is now indelibly etched in the public's mind. ~ Alan Collinge

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years. ~ Charles Duhigg

Black people were viewed as a contagion. Redlining went beyond FHA-backed loans and spread to the entire mortgage industry, which was already rife with racism, excluding black people from most legitimate means of obtaining a mortgage. ~ Anonymous

Student loans have been helpful to many. But they offer neither incentive nor assistance to those students who, by reason of family or other obligations, are unable or unwilling to go deeper into debt ... It is, moreover, only prudent economic and social policy for the public to share part of the costs of the long period of higher education for those whose development is essential to our national economic and social well-being. All of us share in the benefits - all should share in the costs. ~ John F. Kennedy

One grave and fundamental Keynesian error is to persist in regarding the interest rate as a contract rate on loans instead of the price spreads between stages of production. The former, as we have seen, is only the reflection of the latter. ~ Murray Rothbard

Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector. ~ Gayle Tzemach Lemmon

Cockroaches are survivors. Turn on the lights and you will see a scattering of casino hosts in three thousand dollar bespoken suits, corporate fruit flies in empty suits, lawyer-class slime on their way to the courthouse to go shopping for other people's money, bankers shilling bad loans by bundling them together with good ones and sending them down the financial pipeline knowing that they stand protected by the political scum from every level of government who have risen to breathtaking heights of mediocrity, tossing a couple of bucks from the public till to the obedient myrmidons in exchange for their votes. While decaying empire crumble, cockroaches multiply among the ruins. - Bonjour Amigos ~ David Gustafson

Student loans are destroying the imagination of youth. If there's a way of a society committing mass suicide, what better way than to take all the youngest, most energetic, creative, joyous people in your society and saddle them with, like $50,000 of debt so they have to be slaves? There goes your music. There goes your culture. There goes everything new that would pop out. And in a way, this is what's happened to our society. We're a society that has lost any ability to incorporate the interesting, creative and eccentric people. ~ David Graeber

You need to add a new voice inside your head, one that says, "So what?" What if you don't get married by 30? So what? What if you haven't paid off your loans or debt by 35? So what? What if you're not a stand-out success by 28? So what? If you were to achieve everything you wanted in life by the age of 30, then what would you do for the next fifty years? You have time. You don't have to get to everything right now. ~ Alexandra Robbins

Wall Street bond trading desks, staffed by people making seven figures a year, set out o coax from the brain-dead guys making high five figures the highest possible ratings for the worst possible loans. They performed the task with Ivy League thoroughness and efficiency. ~ Michael Lewis

The Obama Administration has embraced the policies of George W. Bush, and then gone much further. Wall Street bailouts went ballistic under Obama-$700 billion under Bush, but $4.5 trillion under Obama, plus another $16 trillion in zero-interest loans for Wall Street. ~ Jill Stein

The people who are taking these loans because it's the only way they can afford their house are exposing themselves to a lot of risk. They're not saving money and they're not building equity, which means they could find themselves in a scenario where they owe more money than their house is worth. ~ Ric Edelman

I think a trillion dollars of student loans and a massive skills gap are precisely what happens to a society that actively promotes one form of education as the best course for the most people. I think the stigmas and stereotypes that keep so many people from pursuing a truly useful skill, begin with the mistaken belief that a four-year degree is somehow superior to all other forms of learning. ~ Mike Rowe

Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world. ~ Carroll Quigley

Don't take on more student loans than your future-self can handle. ~ Carol H. Cox

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

Taking Big Bird away from our five year olds, lunch money away from our ten year olds, job training programs away from our fifteen year olds, and college loans away from our twenty year olds is a disgrace. ~ John Murray

At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade. ~ Arne Duncan

Mercy to the needy is a loan to Got), and Got) pays back those loans in full. ~ Eugene H. Peterson

Never ask for small loans. ~ Aristotle Onassis

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

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

It was the Home Owners' Loan Corporation, not a private trade association, that pioneered the practice of redlining, selectively granting loans and insisting that any property it insured be covered by a restrictive covenant-a clause in the deed forbidding sale of the property to anyone other than whites. Millions of dollars flowed from tax coffers into segregated white neighborhoods. ~ Ta-Nehisi Coates

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

With real wages still falling for many, people are increasingly being forced to use their credit cards, their dwindling savings, or take out payday or doorstep loans if they need to buy anything beyond the most everyday of items. ~ Frances O'Grady

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

but racism is about the power of a group and in America it's white folks who have that power. How? Well, white folks don't get treated like shit in upper-class African-American communities and white folks don't get denied bank loans or mortgages precisely because they are white and black juries don't give white criminals worse sentences than black criminals for the same crime and black police officers don't stop white folk for driving while white and black companies don't choose not to hire somebody because their name sounds white and black teachers don't tell white kids that they're not smart enough to be doctors and black politicians don't try some tricks to reduce the voting power of white folks through gerrymandering and advertising agencies don't say they can't use white models to advertise glamorous products because they are not considered "aspirational" by the "mainstream." So ~ Chimamanda Ngozi Adichie

If there were not derivatives, there would be no bank loans at all today, because people want to get fixed-rate 30-year loans, but banks don't want to keep 30-year loans on their books. ~ Jeff Greene

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. ~ Henry Hazlitt

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

These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad. ~ Mary Kissel

In a crisis, stocks of financial companies are great investments, because the tide is bound to turn. Massive losses on bad loans and soured investments are irrelevant to value; improving trends and future prospects are what matter, regardless of whether profits will have to be used to cover loan losses and equity shortfalls for years to come. ~ Seth Klarman

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans. ~ Michael Hudson

the causes of poverty as put forth in the Bible are remarkably balanced. The Bible gives us a matrix of causes. One factor is oppression, which includes a judicial system weighted in favor of the powerful (Leviticus 19:15), or loans with excessive interest (Exodus 22:25-27), or unjustly low wages (Jeremiah 22:13; James 5:1-6). Ultimately, however, the prophets blame the rich when extremes of wealth and poverty in society appear (Amos 5:11-12; Ezekiel 22:29; Micah 2:2; Isaiah 5:8). As we have seen, a great deal of the Mosaic legislation was designed to keep the ordinary disparities between the wealthy and the poor from becoming aggravated and extreme. Therefore, whenever great disparities arose, the prophets assumed that to some degree it was the result of selfish individualism rather than concern with the common good. ~ Timothy J. Keller

Slowly, God is opening my eyes to needs all around me. In Scripture, God revisits this issue of caring for the poor- an echo that repeats itself from Genesis to Revelation. The Bible acknowledges that the poor will always be part of society, but God takes on their cause. The Mosaic law of the Old Testament is filled with regulations to prevent and eliminate poverty. The poor were given the right to glean- to take produce from the unharvested edges of the fields, a portion of the tithes, and a daily wage. The law prevented permanent slavery by releasing Jewish bondsmen and women on the sabbatical and Jubilee year and forbade charging interest on loans. In one of his most tender acts, God made sure that the poor- the aliens, widows, and orphans- were all invited to the feasts. ~ Margaret Feinberg

I gave my change to him," says Parvaneh, with a nod at the man with the dirty beard by the house wall. "You know he'll only spend it on schnapps," Ove states. Parvaneh opens her eyes wide with something Ove strongly suspects to be sarcasm. "Really? Will he? And I was sooo hoping he would use it to pay off his student loans from his university education in particle physics! ~ Fredrik Backman

France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French spend hundreds of millions of dollars subsidizing film production, extend interest-free loans to designated filmmakers, and have placed quotas not only on imports but on television time. ~ Tyler Cowen

Immortality awaits the legislator fortunate enough to have a significant law named after him. Think of Pell grants or Stafford loans for students, Sarbanes-Oxley to regulate Wall Street, or the Hyde Amendment on abortions. ~ Jim Cooper

Earning money from, and supporting, a system that keeps these people in poverty in the first place and then gives them some of the profits in the form of "strings-attached" aid or World Bank and IMF loans is no more ridiculous than Shell or Esso giving Greenpeace or Friends of the Earth £10,000 to help clear up the destruction that they inevitably cause. Would it not be better not to cause the destruction in the first place? ~ Mark Boyle

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

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. ~ Bennie Thompson

By making college unaffordable and student loans unbearable, we risk deterring our best and brightest from pursuing higher education and securing a good-paying job. ~ Mark Pocan

There's only one thing different about Barack Obama when it comes to being a Democratic presidential candidate. He's half African-American. Whether that will make any difference, I don't know. I haven't heard him have a strong crackdown on economic exploitation in the ghettos. Payday loans, predatory lending, asbestos, lead. What's keeping him from doing that? Is it because he wants to talk white? He doesn't want to appear like Jesse Jackson? We'll see all that play out in the next few months and if he gets elected afterwards. ~ Ralph Nader

For the college years we will provide scholarships to high school students of the greatest promise and greatest need and guarantee low-interest loans to students continuing their college studies. ~ Lyndon B. Johnson

There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks. ~ Gail Collins

Fiat-money! Let the State 'create' money, and make the poor rich, and free them from the bonds of the capitalists! How foolish to forego the opportunity of making everybody rich, and consequently happy, that the State's right to create money gives it! How wrong to forego it simply because this would run counter to the interests of the rich! How wicked of the economists to assert that it is not within the power of the State to create wealth by means of the printing press!- You statesmen want to build railways, and complain of the low state of the exchequer? Well, then, do not beg loans from the capitalists and anxiously calculate whether your railways will bring in enough to enable you to pay interest and amortization on your debt. Create money, and help yourselves. ~ Ludwig Von Mises

In housing you have jingle mail and you can walk away and leave the bank holding the bag. In the case of student loans, the debt follows you through life, and the banks or government will turn it over to collection agencies that are not very nice people and can do all sorts of harassing things to you. It's becoming a nightmare. ~ Michael Hudson

There is a defined gulf
Between credit and character
If you doubt this, ask any banker;
He will advise that character is nice
But it is not collateral. ~ Evan Rhys

I watched with incredulity as businessmen ran to the government in every crisis, whining for handouts or protection from the very competition that has made this system so productive. I saw Texas ranchers, hit by drought, demanding government-guaranteed loans; giant milk cooperatives lobbying for higher price supports; major airlines fighting deregulation to preserve their monopoly status; giant companies like Lockheed seeking federal assistance to rescue them from sheer inefficiency; bankers, like David Rockefeller, demanding government bailouts to protect them from their ill-conceived investments; network executives, like William Paley of CBS, fighting to preserve regulatory restrictions and to block the emergence of competitive cable and pay TV. And always, such gentlemen proclaimed their devotion to free enterprise and their opposition to the arbitrary intervention into our economic life by the state. Except, of course, for their own case, which was always unique and which was justified by their immense concern for the public interest. ~ William E. Simon

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

The national defense must be provided for as well as the support of Government; but both should be accomplished as much as possible by immediate taxes, and as little as possible by loans. ~ John Adams

It's time to pull the bandage off America's foreclosure problem. The economy is ready to emerge from its recent dark period, but to make it happen soon we need to speed the resolution of millions of troubled home loans. Six years have passed since the crisis began, yet instead of accelerating, foreclosures have slowed. ~ Mark Zandi

Normally, if someone goes bankrupt, you wipe out the debt and get a fresh start. But that's not permitted with student loans. So the effect is to impoverish many graduates with very high debts. ~ Michael Hudson

It was just a few million bucks to take us out of our misery, to pay off our loans. ~ Jessica Livingston

hall?" "As I've told the mayor several times, we're only permitted to speak with those directly involved with the loan itself," Nate replied. "But I know you won't take no for an answer, so I'll fill you in. City council has requested an unusually large amount of loans this year, and we're just trying to make sure we're spreading the wealth fairly." "Has there been a delay of payments on any of the other policies?" Emmett shot back, clearly displeased with Nate's response. "No, that's not it at all. We haven't denied the loan yet, ~ Jennifer Grayson

I worked for twenty-some years with no capital, so I never had any liquidity. Managing my loans alone wouldn't do it, and working hard twenty-four hours a day seven days a week alone wouldn't do it. You have to be properly capitalized. ~ Bob McNair

Our approach to banking is very different from the traditional banks or even some of the new banks. We do not necessarily go out and write single-cheque, large-ticket loans. ~ Uday Kotak

Field experiments to date have shown that microfinance - the provision of small loans, typically to women or groups of women - is not particularly effective in reducing poverty.14 ~ Dani Rodrik

I had three jobs in college. The best day of my life was when I paid off my student loans, on my own. ~ Jessica Seinfeld

In Germany, college tuition is free. In America, college tuition is increasingly unaffordable. In a highly competitive global economy, which country do you think will have the best educated work force and a competitive advantage? We must make tuition free in public colleges and universities and substantially reduce interest rates on student loans. ~ Bernie Sanders

With stagnant wages and booming consumption, the cash-strapped American masses had a virtually unlimited demand for loans but an uncertain ability to repay them. ~ Michael Lewis

But the arbitrary cuts, edits, and other changes the studio bosses made before releasing that movie were a bitter lesson for my friend, who valued creative control of his work as paramount. When he went on to make a movie based on another script of his own, a big Hollywood studio offered him a standard deal whereby the studio financed the project and held the power to change the film before its release. He refused the deal - his artistic integrity was more important. Instead my friend "bought" creative control by going off on his own and putting every penny of his profits from the first film into this second project. When he was almost done, his money ran out. He went looking for loans, but bank after bank turned him down. Only a last-minute loan from the tenth bank he implored saved the project. The film was Star Wars. ~ Daniel Goleman

Yeah. No matter what Coach does or doesn't do. Because ... I'm going on my terms. Even if by some miracle he recommends me for the scholarship, I'm not taking it."
That surprises her. "I don't get it."
"That's why I had no choice but to let that pitch go by. I had to prove to myself that I could live without baseball. I can't go to college on their terms. I can't be the ballplayer first and the student second, and if they're giving me an athletic scholarship, believe me - that's what it would be. Athlete-scholar, not the other way around. No one can convince me otherwise.
"So, yeah. I'll have to take out student loans. I'll have to work my ass off. But that's OK. ~ Barry Lyga

What this means is that the entire business model for something like Chase's credit card business is not much more than a gigantic welfare fraud scheme. These companies borrow hundreds of billions of dollars from the Fed at rock-bottom rates, then turn around and lend it out to the world at 5, 10, 15, 20 percent, as credit cards and mortgages, boat loans and aircraft loans, and so on. If you pay it back, great, it's a 500 percent or 1,000 percent or 4,000 percent profit for the bank. If you don't pay it back, the company can put your name in the hopper to be sued. A $5,000 debt on a credit card for the now-defunct Circuit City, which was actually a Chase card, became a $13,000 or $14,000 debt by the time the bank finished applying fees and penalties. Just like a welfare application, you have to read the fine print. "They make more on lawsuits than they make on credit interest," says Linda. ~ Matt Taibbi

The nation's largest savings and loan, Washington Mutual, has become the biggest bank failure in history. See, the problem with the savings and loans? Not enough savings, too many stupid loans, okay In fact, they changed their name from WaMu to 'screw you.' ~ Jay Leno

The fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan. ~ Michael Hudson

The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans. ~ Michael Hudson

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

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

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

I have done a lot of work for affordable housing, rental housing. I understand the rap on me and other liberals is, oh, we push poor people into homeownership. And it's exactly the opposite of the case. We were trying to prevent those kinds of bad loans. ~ Barney Frank

With same day loans, you can easily acquire immediate funds, so as to deal with any short term financial crisis. These loans are unsecured in nature and can be applied for even by those with serious credit disputes. ~ Markus Skupeika

Bank of America is to sweetheart loans and Democratic Party payoffs as Paula Deen is to sugar and bacon grease. ~ Michelle Malkin

The S.B.A. does not lend directly to businesses, but instead backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio. ~ Karen Mills

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

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

Manchester United and Liverpool have been bought with huge leverage, and we've got Roman Abramovich at Chelsea who can turn his loans into shares. It is really important for the Premier League to ask itself: if a club is being bought on such a mountain of debt, isn't that a possible recipe for disaster for the future? ~ Gordon Taylor

Picture the Bay of Bengal as an expanse of tropical water: still and blue in the calm of the January winter, or raging and turbid with silt at the peak of the summer rains. Picture it in two dimensions on a map, overlaid with a web of shipping channels and telegraph cables and inscribed with lines of distance. Now imagine the sea as a mental map: as a family tree of cousins, uncles, sisters, sons, connected by letters and journeys and stories. Think of it as a sea of debt, bound by advances and loans and obligations. Picture the Bay of Bengal even where it is absent - deep in the Malaysian jungle, where Hindu shrines sprout from the landscape as if washed up by the sea, left behind. ~ Sunil S. Amrith

I'm short-selling my house. I have more loans than I can sell the house for. The house will not go into foreclosure. It will be a short sale. I can't afford the house as I once could. ~ Robert A. Schuller

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

It was Greenspan who through some excessive deregulation prepared the monetary ground for the rise of the subprime mortgage companies: a lending market that specialises in high-risk mortgages and loans.
'Innovation', said Greenspan in April 2005, 'has brought about a multitude of new products, such as subprime loans and niche credit programs for immigrants'.
It is almost touching to find out that Greenspan cares so much about immigrants. ~ Gilad Atzmon

The higher amount you put into higher education, at the federal level particularly, the more the price of higher education rises. It's the dog that never catches its tail. You increase student loans, you increase grants, you increase Pell grants, Stafford loans, and what happens? They raise the price. ~ Bill Bennett