Loan Quotes - Page 3

• Countries with deficit don't want to pay the bill, and they want to get more loans, and countries with superiority, they don't want to help the countries with problems, and they just want them to tighten their belts.

  Sebastian Pinera

  Country, Want, Pay

  "CNN Means Business", www.cnn.com. October 1, 2012.

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• And I do not want, and I will not accept, a deal in which I am asked to do nothing, in fact, I'm able to keep hundreds of thousands of dollars in additional income that I don't need, while a parent out there who is struggling to figure out how to send their kid to college suddenly finds that they've got a couple thousand dollars less in grants or student loans.

  Barack Obama

  Couple, Struggle, Kids

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• Slight was the thing I bought, small was the debt I thought, Poor was the loan at best - God! but the interest!

  Paul Laurence Dunbar

  Debt, Poor, Best God

  Paul Laurence Dunbar, Joanne M. Braxton (1993). “The Collected Poetry of Paul Laurence Dunbar”, p.213, University of Virginia Press

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• Now, suppose that a homeowner puts down only 3% of their own money or 3.5% for the FHA. That means if prices go down by only 3%, the house will be in negative equity and it would pay the homeowner just to walk away and say, "The house now is worth less than the mortgage I owe. I think I'm just going to move out and buy a cheaper house." So it's very risky when you have only a 3% or 3.5% equity for the loan. The bank really isn't left with much cushion as collateral.

  Michael Hudson

  Moving, Mean, Thinking

  Source: www.counterpunch.org

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• Absolutely invest in retirement. You can always get a loan to get kids through school. I do not know of any loans to get you through retirement. The markets are seriously low from where they were (even though they've gone up 30 percent recently). Now is the time to be dollar cost averaging; the more money you put in, the more shares you buy. Save for your retirement, people.

  Suze Orman

  Retirement, School, Kids

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• Never loan money to friends or family that you are not able to write off entirely.

  Emily Yoffe

  Writing, Able

  "Advice from Slate's 'Dear Prudence'". Live Chat, live.washingtonpost.com. September 23, 2013.

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• Everything you have is on loan. Foolish is the one who gets attached to a loan.

  Yasmin Mogahed

  Foolish

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• I used to flirt with fundamentalism, and I had this idea that creation was something that happened. Now I see creation as something that is happening. Hundreds of millions of stars are still being born every day. Creation is an ongoing process. The Artist has not yet cleaned out the brushes. The paint is still wet. Human beings are the small clumps of clay and breath, and we have been handed brushes of our own, like young artist apprentices. The brushes aren't ours, nor the paint or canvas, but here they are in our hands, on loan. What shall we make?

  Michael Gungor

  Stars, Flirting, Artist

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• We don't want to give a business that is not going to come through the troubled waters a loan that they can't pay back.

  Karen Mills

  Giving, Water, Want

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• Pay off your student loan. Even if you don't have a job...Because when you finally get a job you're going to be one of us.

  Bill Cosby

  Jobs, Funny Graduation, Pay

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• 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

  Mean, Cards, Credit

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• 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

  Running, Thinking, Two

  Source: www.counterpunch.org

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• China's idea of fair trade is government subsidies of its textile and apparel exports to the United States, currency manipulation, and forgiveness of loans by its government banks.

  Virginia Foxx

  Forgiveness, Government, Ideas

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• I will get a loan and pay the money the court asks for. But I will not lay down my writing and I still say this was an important book to write.

  Asne Seierstad

  Book, Writing, Important

  "Bookseller of Kabul author Åsne Seierstad: 'It's not possible to write a neutral story'". Interview with Amelia Hill, www.theguardian.com. July 30, 2010.

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• 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

  Loss, People, House

  Source: www.counterpunch.org

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• The publishers and others should quit worrying about losing customers to TV. The guy who can sit through a trio of deodorant commercials to look at Flashgun Casey or swallow a flock of beer and loan-shark spiels in order to watch a couple of fourth-rate club fighters rub noses on the ropes is not losing any time from book reading.

  Raymond Chandler

  Couple, Book, Reading

  Raymond Chandler, Tom Hiney, Frank MacShane (2002). “The Raymond Chandler Papers: Selected Letters and Nonfiction, 1909-1959”, p.69, Grove Press

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• 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

  Mean, People, House

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• Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon.

  Wilbur Ross

  Community, Quota, Demand

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• A rolling loan gathers no loss.

  Kyle Bass

  Loss, Rolling

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• Every time a bank swoops down to snatch up a home, it should be met with a crowd of jeering, obstructive neighbors. And although this may be point 4.5, how about organizing a mass refusal to pay back student loans?

  Barbara Ehrenreich

  Home, Crowds, May

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• Why do Americans find government so baffling and irritating-even though many of us depend on public programs for a secure retirement, an affordable mortgage, or a college loan? In this timely and important book, political scientist Suzanne Mettler explains how the United States has come to rely on hidden, indirect policies that privilege special interests but puzzle regular citizens. American democracy can do better, and she shows how. Politicians and the public alike have much to learn from her brilliant and engaging analysis.

  Theda Skocpol

  Retirement, Book, College

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• A small loan makes a debt; a great one an enemy.

  Publilius Syrus

  Enemy, Debt, Great Ones

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• The word "democracy" is a Western word obviously. It doesn't exist in Arabic. Democratiya is a loan word. We in the Western world make the great mistake of assuming that ours is the only form of good government; that democracy means what it means in the Anglo-American world and a few other places in the West, but not many others. Muslims have their own tradition on limited government. Now in Islam, there is a very strong political tradition. Because the different circumstances, Islam is political from the very beginning.

  Bernard Lewis

  Strong, Mistake, Mean

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• I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a very valuable function because they can aggregate these risks and pass them around so that mortgages or other kinds of loans can be packaged and sold to investors all over the world, who in most times, would justify a small amount of each one.

  Robert F. Engle

  Thinking, Understanding, Risk

  Source: bigthink.com

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• If you have a 50 percent match and you get in trouble financially, you can either withdraw money as a loan, or withdraw the 50 percent match. If you take it out, you have to pay taxes on it, but you still come out ahead.

  Suze Orman

  Pay, Trouble, Taxes

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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