Loan Quotes - Page 5

• Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay.

  Michael Hudson

  Debt, Pay, Economy

  Source: www.counterpunch.org

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• In about one-third of credit card consolidations, within a short period of time, the cards come back out of the wallet, and in no time at all, they're charged back up. Then you're in an even worse position, because you have the credit card debt and the consolidation loan to worry about. You're in a hole that's twice as deep - and twice as steep.

  Jean Chatzky

  Worry, Cards, Credit

  Source: www.nbcnews.com

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• A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan or home equity line of credit (HELOC), refinancing a mortgage, or taking out a personal loan. They then use this cheaper debt to pay off more expensive debt, most frequently credit card loans, but also auto loans, private student loans, or other debt.

  Jean Chatzky

  Home, People, Cards

  Source: www.nbcnews.com

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• Seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent can't pay the health care if they get sick. Seventy-nine percent don't have enough money to live when they retire. So, already, we're having a whole generation that's coming on, not only here but also in Europe, that isn't able to get good-paying jobs.

  Michael Hudson

  Jobs, Opportunity, Eight

  Source: www.counterpunch.org

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• In my view, this is not extremism on the left. This is what the American people support in poll after poll. Support the right to a job. Support living wages. Support real climate action. Support small community-based banks that make loans available to every day people and small businesses, not these too-big-to-fail banks that rip us off, that crash the economy at taxpayer expense. Support a public-option healthcare system, not Obamacare, which has been a boondoggle for insurance and pharmaceutical companies.

  Jill Stein

  Jobs, Rip, Real

  Source: www.justicenewsnetwork.com

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• To make sure we aren't training people for jobs that don't exist, the government should provide companies with loans or loan guarantees. And the government should also directly employ people to do things like coastal restoration, land restoration, reforestation and similar programs that absorb carbon and protect America's beauty.

  Van Jones

  Jobs, Government, Land

  Source: rooseveltinstitute.org

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• I know nothing about the inner workings of Russia. I don't deal there. I have no businesses there. I have no loans from Russia.

  Donald Trump

  Russia, Deals, Knows

  Second presidential debate, www.nytimes.com. October 10, 2016.

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• If you have to pay about forty to forty-three percent of your income for housing, you also have to pay fifteen percent of your paycheck for the FICA for Social Security wage withholding. You have to pay medical care, you have to pay the banks for your credit card debt, student loans. Then you only have about twenty-five or thirty-five percent, maybe one-third of your salary to buy goods and services. That's all.

  Michael Hudson

  Income, Three, Cards

  Source: www.counterpunch.org

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• We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt.

  Jill Stein

  Generations, Debt, Students

  Source: www.justicenewsnetwork.com

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• There are wonderful low-interest loans you can take out to own your own solar and cut your energy bills down drastically. You can retrofit your home to become more energy efficient with on-bill financing, where the upgrades you make pay for themselves with the energy savings you generate. Ten years ago, there were only a few electric vehicles on the market, and today there are many, many more coming, and with each year the cost of them comes down.

  Mark Ruffalo

  Home, Cutting, Years

  "ORIGIN Interview: Mark Ruffalo on Climate Change, the Monopoly on Our Energy Systems, Fighting Fracking, the True Cost of Fossil Fuel Pollution, Showing Compassion, and Being Who You Say You Are". Interview with Leilani Münter, www.marandapleasantmedia.com. April 27, 2016.

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• What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations.

  James Chanos

  Organization, Two, People

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• I did not get a million-dollar or multimillion-dollar loan from my dad.

  Megyn Kelly

  Dad, Dollars, Millions

  "Is Megyn on the way out? Kelly says she has 'great options' outside Fox News and a 'generous offer' to stay at the network as her longtime producer announces he is leaving her show" by Chris Spargo, www.dailymail.co.uk. December 19, 2016.

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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 think we're at a really unique moment right now because the American people are waking up to the fact that it is a race to the bottom between these two corporate parties that are sending jobs overseas, putting downward pressure on wages, starving people out of healthcare, locking an entire generation into unpayable predatory student loan debt.

  Jill Stein

  Jobs, Party, Unique

  Source: www.cpa-connecticut.com

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• House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.

  Warren Buffett

  Silly, People, House

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "Charlie Rose", www.cnbc.com. October 1, 2008.

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• Cutting HBCUs was unconscionable. Implementing new regulations on Parent Plus loans, which cost HBCUs 28,000 students, was hostile. At the same time, it is important to note that, except for his first two years, which were a missed opportunity, President [Barack] Obama faced rabid opposition from the Republicans.

  Julianne Malveaux

  Cutting, Opportunity, Two

  Source: www.theskanner.com

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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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• OK, whatever, I was taking out false loans

  Joe

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• If you're one of the millions of people who have student debt right now, I'll help you refinance your loans at better rates.

  Hillary Clinton

  People, Debt, Students

  Source: www.cosmopolitan.com

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• Let's say you're all worried about student-loan debt and you need to have steady income. That doesn't have to be your everything.

  Alexis Ohanian

  Income, Needs, Debt

  Source: thetartan.org

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• It's critical to level the playing field, to make prices and risks clear up front, so when someone signs on for a student loan or a mortgage or a credit card, they know the tricks and traps hidden in the fine print. That's why the Consumer Financial Protection Bureau has been working on a new financial aid shopping sheet. A shorter, two-page credit card agreement, a simpler mortgage disclosure form. All those are aimed toward helping people understand the basic bargain.

  Elizabeth Warren

  Agreement, Shopping, Two

  Source: www.bethkobliner.com

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• My first film I made, "Permanent Vacation," we shot in 1979 for like $12,000, part of which I got a fake car loan for that Amos Poe told me you could do that. And, yeah, I had no idea what I was doing. It was just like, well, we're going to try and do this. Partly because I had been following Amos Poe and Eric Mitchell around for about a year, and I worked on some of Eric's films as a sound recordist and stuff.

  Jim Jarmusch

  Vacation, Years, Ideas

  Source: www.npr.org

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• What I want to do first with education is my student loan idea. Basically, if you go into teaching and teach for five years, your student loans should be forgiven. It doesn't cost that much.

  Charles Schumer

  Teaching, Years, Ideas

  Source: www.questia.com

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• Never loan your car to anyone to whom you've given birth.

  Erma Bombeck

  Car, Birth, Given

  Source: www.npr.org

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• I own nothing in Russia. I have no loans in Russia. I don't have any deals in Russia.

  Donald Trump

  Russia, Deals

  Source: www.realclearpolitics.com

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