Borrowers Quotes
Words on lenders, credit, and the cost of borrowing.
This page brings together quotes on borrowers, from national debt and development lending to household mortgages. One quote notes how prioritizing women borrowers changed outcomes for families, a theme that connects to the Debt quotes.
The Chinese want to have their cake and eat it too. They want to have 'developing nation' status and are out there as one of the biggest borrowers on the planet from the World Bank while simultaneously trying to play...
It's never been more important for borrowers to arm themselves with knowledge and build sound financial-management skills.
Popular Quotes Topics for You.
Too often, borrowers who need quick cash end up trapped in loans they can't afford.
Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our...
Borrower Quotes
What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal for themselves. It's up to the lenders to show restraint, and when they lose it, watch out.
Subprime mortgages, typically defined as those issued to borrowers with low credit scores, make up roughly the riskiest one-third of all mortgages.
I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards to generate a greater volume of loans. Throughout 2004, I had watched as these mortgages were offered to...
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...
The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and difficult to get a FHA loan, loans from private mortgage lenders will become more attractive and...
Credit Quotes
My investigation found Sallie Mae put student borrowers into expensive subprime loans that it knew were going to fail.
Navient's actions have led to student borrowers needlessly carrying billions of dollars in debt, and the company must be held accountable.
Navient/Sallie Mae treated student loan borrowers unfairly from start to finish.
We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or...
While conventional wisdom has traditionally sided against borrowing from retirement savings, sentiment has shifted toward borrowing from one's own assets with the realization that other forms of credit come at a much higher cost and often are not even available...
Debt Quotes
In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement.
Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.
Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.
Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.
Difficult Quotes
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...
