Lender Quotes & Sayings

If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it. — Irving Fisher

Home mortgage - If you pay one extra month's mortgage (write, "Principal only" on the check and send a note to the lender), you will take seven years off a thirty-year mortgage. — Cary Siegel

Ninety percent of the students take the 'preferred lender.' Why? Because that's the nature of the relationship. You trust the school. The school is in a position of authority. — Andrew Cuomo

Boundless in your charity, but shrewd and cautious as a lender, you delight all those today whom you made beggars the day before. — Franz Grillparzer

If you decide you need a secured card, use it to charge small items every month, then pay the balance off in full. If your credit score improves, and the bank doesn't offer to upgrade your card within 12 to 18 months, give them a call. If they refuse, try another lender. — Jean Chatzky

Now there was great rejoicing at the rumor of Alderic's quest, for all folk knew that he was a cautious man, and they deemed that he would succeed and enrich the world, and they rubbed their hands in the cities at the thought of largesse; and there was joy among all men in Alderic's country, except perchance among the lenders of money, who feared they would soon be paid. And there was rejoicing also because men hoped that when the Gibbelins were robbed of their hoard, they would shatter their high-built bridge and break the golden chains that bound them to the world, and drift back, they and their tower, to the moon, from which they had come and to which they rightly belonged. There was little love for the Gibbelins, though all men envied their hoard.
("The Hoard Of The Gibbelins") — Lord Dunsany

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

Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy. — Dani Rodrik

wife wouldn't be going to Disneyworld with their two — David Lender

In the past, if a homeowner with a mortgage had a problem making the payment, often he'd get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community. — Henry Paulson

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

Nobody wants to proclaim, 'I changed the world with my inferior products.' — Murray Lender

You can be a lender who wants to compete and have a better product, but you just can't get to the students. The schools are controlling the access to the students. — Andrew Cuomo

The idea that an independent Scotland - having separated assets and liabilities from the rest of the U.K. - would expect the rest of the U.K. to be a lender of last resort, and of course be kind to them, doesn't make any sense. — Johann Lamont

Historically, in India, the strange fact was that the equity owner was not taking as much hit as the lender. Therefore, if we restore the first principle of economics, that first the equity owner needs to take the hit and then the lender, we will get a good solution. — Uday Kotak

My life is on loan, like money borrowed from a bank. God is the lender, and He retains the right to call in the loan any time. Though I am responsible for taking care of it, I do not own this life; it is borrowed. Why should I fear its loss or the loss of anything else in this world when I must surrender it all anyway? — James Dillehay

the Bank's proper role in a crisis as the 'lender of last resort', to lend freely, albeit at a penalty rate, to combat liquidity crises.42 — Niall Ferguson

Memory is the worst lender; It lends not until it borrows. And it borrows not unless it is broke at the previous lending. — Ashfaq Saraf

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

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

My experiment in money exchange was the temptation to set up a bank. The absence of any Islamic banking was also another factor in establishing Al-Rajhi Bank, which is now the world's biggest Islamic lender by market value. — Sulaiman Abdul Aziz Al Rajhi

We see the Jew, then, in business, as promoter, money-lender, salesman par excellence, the author and chief instigator of a system of credit by which a nation-wide usury rises like a Golem (a created monster) with a million hands on a million throats, to choke the honor and the freedom-of-movement of a hard-working people. — Samuel Roth

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

A money-lender
he serves you in the present tense; he lends you in the conditional mood; keeps you in the conjunctive; and ruins you in the future. — Joseph Addison

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

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

What was to be a relatively innocuous federal government, operating from a defined enumeration of specific grants of power, has become an ever-present and unaccountable force. It is the nation's largest creditor, debtor, lender, employer, consumer, contractor, grantor, property owner, tenant, insurer, health-care provider, and pension guarantor. Moreover, with aggrandized police powers, what it does not control directly it bans or mandates by regulation. — Mark R. Levin

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

Face your financial issues head on. Open your bills, pick up the phone, call your lender. If applicable, tell them you're struggling and explain why. If you lost your job or took a pay cut, be ready to prove it. — Jean Chatzky

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

These words are my mother's,
my father's, my brother's, my lender's, my garbage
man's - the poem runs
like oil on fire
beneath this earth where we know each other.
Witness the black smoke everywhere. — B.J. Ward

Keep thy foot out of brothels, thy hand out of plackets, thy pen from lender's books, and defy the foul fiend. — William Shakespeare

From a broader money view perspective, however, September 2008 was the moment when the Fed moved from lender of last resort to dealer of last resort, in effect taking the collapsing wholesale money market onto its own balance sheet. But in the heat of the moment, no one noticed. — Perry G. Mehrling

It is better to be a lender than a spender. — Jim Rohn

When the Eurozone was started, a fundamental stabilising force that existed at the level of the member-states was taken away from these countries. This is the lender of last resort function of the central bank." EZ governments, "could no longer guarantee that the cash would always be available to roll over the government debt." Unlike stand-alone nations, EZ members did not have "the power to force the central bank to provide liquidity in times of crisis." This created a fundamental fragility in the monetary union. Without a buyer-of-last-resort, shocks that provide re-funding difficulties in banks or nations can trigger self-fulfilling liquidity crises that degenerate into solvency problems. — Richard Baldwin

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

It is assumed that when anyone gets into debt, the fault is entirely and always the fault of the lender. — Bernard Levin

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

When money is free, the rational lender will keep on lending until there is no one else to lend to. — George Soros

If you had saved $20 per week for just ten weeks, you could have bought the scratch-and-dent model off the floor at the same Rent-to-Own store for $200! Or you could have bought a used set out of the classifieds or online. It pays to look past the weekend and suffer through going to the Laundromat with your quarters. When you think short term, you always set yourself up for being ripped off by a predatory lender. If the Red-Faced Kid ("I want it, and I want it now!") rules your life, you will stay broke! — Dave Ramsey

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

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