Borrower Quotes & Sayings

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

If you hang around the subprime lending business long enough, you'll meet your share of interesting borrowers: strippers, cons, pimps, thugs and various other upstanding citizens of the community. These were not out typical customers. But if a borrower has credit problems and a checkered past, employment gaps and income from unverifiable sources, he usually ends up talking with a subprime lender. — Richard Bitner

Grameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves. — Muhammad Yunus

They make a profit from interest on the loan, not repayment of the loan. If a loan is paid off, the bank merely has to find another borrower, and that can be an expensive nuisance. — Anonymous

The formalities necessary to obtain a work were quite complicated; the borrower's form had to contain the book's title, format, publication date, edition number, and the author's name- in other words, unless one was already informed, one could not become so. At the bottom, spaces were left to indicate the borrower's age, address, profession, and purpose of research. Michel obeyed these regulations and handed his properly filled-out form to the librarian sleeping at his desk; following his example, the pages were snoring loudly on chairs set around the wall; their functions had become a sinecure as complete as those of the ushers at the Comedie-Francaise. The librarian, waking with a start, stared at the bold young man; he read the form and appeared to be stupefied at the request; after much deliberation, to Michel's alarm, he sent the latter to a subordinate official working near his own window, but at a separate little desk... — Jules Verne

Household was making loans at a faster pace than ever. A big source of its growth had been the second mortgage. The document offered a fifteen-year, fixed-rate loan, but it was bizarrely disguised as a thirty-year loan. It took the stream of payments the homeowner would make to Household over fifteen years, spread it hypothetically over thirty years, and asked: If you were making the same dollar payments over thirty years that you are in fact making over fifteen, what would your "effective rate" of interest be? It was a weird, dishonest sales pitch. The borrower was told he had an "effective interest rate of 7 percent" when he was in fact paying something like 12.5 percent. "It was blatant fraud," said Eisman. "They were tricking their customers. — Michael Lewis

The room didn't look haunted or eerie now;it was only melancholy in it's faded grandeur. — Elizabeth Peters

Russia will honour its international commitments. Our country is a reliable borrower, a reliable creditor and a reliable supplier. Sanctions come and go, but business ties, economic interests and the reputation of a state remain — Dmitry Medvedev

The Question to be considered is, Whether the Government have reason by a Law, to prohibit the taking more than 4 l. per cent Interest for Money lent, or to leave the Borrower and Lender to make their own Bargains. — Dudley North

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

The borrower runs in his own debt. — Ralph Waldo Emerson

The book borrower ... proves himself to be an inveterate collector of books not so much by the fervor with which he guards his borrowed treasures ... as by his failure to read these books. — Walter Benjamin

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

Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing. — Peter Orszag

I'm no innovator. If anything I'm a stealer, or borrower. I've stolen or borrowed from more people than you can shake a stick at. — Bear Bryant

When a bank calls in a loan, it obviously hurts the customer in question. But it also adversely affects other banks that have lent to this borrower. They are now less likely to be repaid and so can't as readily lend to their own customers. — Eric Maskin

The rich rule over the poor, and the borrower is slave to the lender (NIV). — Dave Ramsey

When a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take this money from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower. — Robert B. Anderson

Of all created comforts, God is the lender; you are the borrower, not the owner. — Ernest Rutherford

Borrower's don't steal."
"Except from human beings," said the boy.
Arrietty burst out laughing; she laughed so much that she had to hide her face in the primrose. "Oh dear," she gasped with tears in her eyes, "you are funny!" She stared upward at his puzzled face. "Human beans are for Borrowers - like bread's for butter! — Mary Norton

If the prices rise in a continuous manner and if the borrower as a result gains a supplementary profit from the sale of the merchandise which he bought with the borrowed money, he will be disposed to pay a higher rate of interest than he would have paid in a period of stable prices; the capitalist, on the other hand, will not be disposed to lend under these conditions, unless the interest includes a compensation for the losses which the diminution in the purchasing power of money entails for creditors. — Ludwig Von Mises

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

The real problem is deflation. That is the opposite of inflation but equally serious to the borrower. — Jack Kemp

The shoulders of a borrower are always a little straighter than those of a beggar. — Morris L. Ernst

I must become a borrower of the night. — William Shakespeare

The rich is the one that rules over those of little means, and the borrower is servant to the man doing the lending. — Solomon

The high-ceilinged rooms, the little balconies, alcoves, nooks and angles all suggest sanctuary, escape, creature comfort. The reader, the scholar, the browser, the borrower is king. — David McCord

Debt is always repaid, either by the borrower or by the lender. — James Grant

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score? — Mark Zandi

Control your generosity when dealing with a chronic borrower. — George R R Martin

Every man is a borrower and a mimic, life is theatrical and literature a quotation. — Ralph Waldo Emerson

Borrowed thoughts, like borrowed money, only show the poverty of the borrower. — Marguerite Gardiner, Countess Of Blessington

There were two friends, one of these two friends was money borrower, he had no other work than to borrow and he was feeding on any money that he was borrowing. One day, he borrowed £1 from his friend. After a year his friend who lent him the money, asked him to refund the £1 to him, but the borrower said that he would not pay the £1 and said that he had never paid any debit since he was borrowing money and since he was born. When — Amos Tutuola

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

I found myself listening to Walter Bjork's fascinating radio program Bible Questionnaire (WFME, Orange, N.J.), and a caller asked where in the Bible one would find the statement "Neither borrower nor lender be." The poor host flipped like mad through his concordance without success. Naturally, since the quote is not from the Bible at all, but from Shakespeare's Hamlet! But it sounded biblical, so caller and host alike attributed it to scripture. Can it have been much more difficult to naively attribute wise sayings to Jesus? — Robert M. Price

Unlike other loans, a reverse mortgage doesn't have to be repaid until the borrower moves out of the home or passes away. — Jean Chatzky

Learn to use the knowledge of the past and you will look like a genius, even when you are really just a clever borrower. — Robert Greene

The most dangerous part of lending books lies in the returning. At such times, friendships hang by a thread. I look for agony, ecstasy, for tears, transfiguration, trembling hands, a broken voice - but what the borrower usually says is, "I enjoyed it."
I enjoyed it - as if that were what books were for. — Anatole Broyard

Usury was seen above all as an assault on Christian charity, on Jesus's injunction to treat the poor as they would treat the Christ himself, giving without expectation of return and allowing the borrower to decide on recompense (Luke 6:34 — David Graeber

The borrower is slave to the lender. — Anonymous

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

I am thrilled that I can lend him something and never worry about its return since its life in the cloud totally absolves us of all the guilty lender/borrower feeling of when should I ask for it back. — Andrew Durbin

I did teach elementary school for quite a while, and so I didn't have to reach too far back for the titles and authors that populate the early chapters 'of The Borrower.' — Rebecca Makkai

Tentane Mutual's policy was not to consider any loan modification unless the borrower was delinquent in their payments. I told Mr. Marsh at the time that it may be easier for him to qualify for a loan modification than a refinance, because the qualification criteria was relaxed. But it was his decision." "But you didn't tell Mr. Marsh at that time that falling — Kenneth Eade

Any informed borrower is simply less vulnerable to fraud and abuse. — Alan Greenspan

Then came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits ... did not need to be left idly in the bank. They could be lent. The bank then got interest. The borrower then had a deposit that he could spend. But the original deposit still stood to the credit of the original depositor. That too could be spent. Money, spendable money, had been created. Let no one rub his or her eyes. It's still being done-every day. The creation of money by a bank is as simple as this, so simple, I've often said, that the mind is slightly repelled. — John Kenneth Galbraith

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