Bad Credit Loans Quotes & Sayings

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. — Mark Zandi

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

Bad credit surgery loans are loan service that is basically meant to assist those borrowers who wish to go for a surgical procedure but they are not having ample amount of funds for financing their surgery. With the assistance of this loan service such borrowers can easily access the desired amount of funds along with the tag of their poor credit. The fund avail from this loan will also assist them to mend their awful credit status. — Mark Terry

If you want to access the funds without wasting your money then get applied for bad credit no fee loans. They are excellent financial scheme that allows the borrowers to gain the desired amount of funds without demanding any additional charges or collateral from them. The best part of this loan plan is that poor creditors can also enjoy the service of this loan without any hindrance of their negative credit profile. — John Smith

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

And what people want to own, of course, is real estate. So a dental hygienist with bad credit making forty thousand dollars a year felt that she deserved to park her ass in a million-dollar home. With a little creative financing, and as long as housing prices continued to rise, she believed that she could afford a million-dollar home. And as long as the dental hygienist continued to pay interest on the mortgage for the million-dollar home, as long as housing prices continued to rise, as long as more loan officers approved more loans for more dental hygienists with bad credit who could continue to pay the interest on their overblown mortgages, housing prices would indeed stay stratospheric, and banks could print money based on that certainty. And, like your nursery rhyme, that was the house that Jack built." Kalchefsky — Jade Chang

With the assistance of the unsecured bad credit loans poor credit borrowers can easily procure the desired amount of funds regardless of their negative credit status. They can easily gain funds from this loan without depositing their valuable assets as an assurance against the approval of this loan application. — Johnson Smith

Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans. — Robert Kiyosaki