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Imagine you have six loans, small to huge. People want to close loans and because of that, they try to pay off the small loans, but that's not the right strategy. The right strategy, of course, is to pay the loan with the highest interest rate. People make this mistake and it costs them lots and lots of money, it's a very expensive mistake because interest rates accumulate and become very, very expensive very quickly.
Sep 10, 2025
Never loan a book to someone if you expect to get it back. Loaning books is the same as giving them away.
Tolkien understood about the things that happen after the end. Because this is after the end, this is all the Scouring of the Shire, this is figuring out how to live in the time that wasn’t supposed to happen after the glorious last stand. I saved the world, or I think I did, and look, the world is still here, with sunsets and interlibrary loans. And it doesn’t care about me any more than the Shire cared about Frodo.
Having had been not so well traveled as a kid, as most teenagers aren't, I always thought, "Okay I'm going to focus my energy on rap and the rap game, because that's how I'm going to be able to pay rent and pay off my school loans." But seeing the reaction with this whole gay rap situation has made me not want to play into it at all anymore and just make whatever.
The touchstone of false friends is the day of need: by way of proof, ask a loan from your friends.
Nobody wants to read about the honest lawyer down the street who does real estate loans and wills. If you want to sell books, you have to write about the interesting lawyers - the guys who steal all the money and take off. That's the fun stuff.
And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.
When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.
You may loan your last dollar to a friend; but never loan him your axe, unless you are certain that he knows how to use it.
For a while, you could decide when you loan the player out whether he plays against you or not, and I always decided that he could play against us. But I must say I didn't get any protection from the media because when the player I loaned out scored against us, it's 'aaahhh, look at him, stupid...'
Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.
The People's Republic of China has not yet reached the military might of the Soviet Empire. It requires a little more time and a little more infusion of Western aid, loans, technology and the hard currency of our tourists.
I mean, Dodd-Frank is strangling small community banks. It doesn't make any difference what the interest rate is. They're not - they're not going to loan the money because they can't make any money for one thing plus the cost of compliance.
When the time came for me to go to college, there was only one scholarship that my high school offered at the time and I didn't win that one, but that didn't stop me. I went on to college anyway. I worked my way through it and paid my student loans for 11 years.
And I do not want, and I will not accept, a deal in which I am asked to do nothing, in fact, I'm able to keep hundreds of thousands of dollars in additional income that I don't need, while a parent out there who is struggling to figure out how to send their kid to college suddenly finds that they've got a couple thousand dollars less in grants or student loans.
When you finish college, you don’t suddenly have thousands of dollars a year to spend elsewhere - in fact, you have to find a way to pay back your loans.
Target prices? How that works? I know quite a bit about farm policy. I come from Indiana, which is a farm state. Deficiency payments - which are the key - that is what gets money into the farmer's hands. We got loan, uh, rates, we got target, uh, prices, uh, I have worked very closely with my senior colleague, (Indiana Sen.) Richard Lugar, making sure that the farmers of Indiana are taken care of.
I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.
Without the jobs being available to enable them to repay that [student-loan] debt in the course of their financial lifetimes, basically.We maintain that, yes, that's a significant chunk of change - it's $1.3 trillion - but what investment is more worth making than in a generation that does not have a future?
Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.
Hard-covered books break up friendships. You loan a hard covered book to a friend and when he doesn’t return it you get mad at him. It makes you mean and petty. But twenty-five cent books are different.
Good Christian people, here lies for you an inestimable loan; take all heed thereof, in all carefulness, employ it: with high recompense, or else with heavy penalty, will it one day be required back.
If you have loans, the first thing you want to do is say, "Okay, look I have a credit card, if I really need to borrow, I have this emergency money that I can get, but for now there is no reason for me to keep cash at zero percent interest rate and at the same time, pay all of this money out. So, I think people need to figure out quickly how to pay loans and how much cash they should really keep.
The credit card companies have put the loan sharks out of business.
The working poor are the people suffering out subprime mortgages and fatal loans and more and more of our money - you know, capitalism is operated by extracting money, not so much directly being paid.
Give a man a fish and he'll eat for a day. Give a man a sub-prime fish loan and you're in business, buddy.
This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.
The IMF insisted that both Russia and Brazil maintain their currency at over-valued levels. Who are you protecting when you try to maintain that exchange rate by having high interest rates? You're protecting domestic and foreign firms that have gambled on the exchange rate. And who is paying the price? The small businesses that did not gamble [and no longer can afford loans], the workers who are going to be put out of jobs.
Imperialism is a system of exploitation that occurs not only in the brutal form of those who come with guns to conquer territory. Imperialism often occurs in more subtle forms, a loan, food aid, blackmail . We are fighting this system that allows a handful of men on earth to rule all of humanity.
I have already released my financials, which are massive, and, by the way, which showed a tremendous company. It's over $10 billion in net worth that I have built with a very, very small starter loan years ago.
Student loans are destroying the imagination of youth. If there’s a way of a society committing mass suicide, what better way than to take all the youngest, most energetic, creative, joyous people in your society and saddle them with, like $50,000 of debt so they have to be slaves? There goes your music. There goes your culture. There goes everything new that would pop out. And in a way, this is what’s happened to our society. We’re a society that has lost any ability to incorporate the interesting, creative and eccentric people.
Quite frankly, Barack Obama knows what it's like to pay a mortgage and student loans. He knows what it's like to watch a beloved family member in a medical crisis and worry that treatment is out of reach. Barack Obama knows our struggles. And, my friends, he shares our values.
We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt.
In the real world, banks hang onto their money for fear of making bad loans, no matter how many bailouts or stimulus packages Washington passes.
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 their market share will grow.
Faith is like private capital, stored in one's own house. It is like a public savings bank or loan office, from which individuals receive assistance in their days of need; but here the creditor quietly takes his interest for himself.
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.
Being a journalist, I never feel bad talking to journalism students because it’s a grand, grand caper. You get to leave, go talk to strangers, ask them anything, come back, type up their stories, edit the tape. That’s not gonna retire your loans as quickly as it should, and it’s not going to turn you into a person who’s worried about what kind of car they should buy, but that’s kind of as it should be. I mean, it beats working.
By the aristocracy of finance must here be understood not merely the great loan promoters and speculators in public funds, in regard to whom it is immediately obvious that their interests coincide with the interests of the state power. All modern finance, the whole of the banking business, is interwoven in the closest fashion with public credit.
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.
What about the golf courses?What about the huge foreign bank loans?What about the condos and the apartments that they sell, the promoting and the trademarks?[ Jason] Chaffetz should be investigating the president-elect's impeding violation of the constitution, not this poor government official who is just trying to do his job. And Mr. Chaffetz has endorsed that unconstitutional plan.
And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
If you owe too much on American Express, and your Diner's Club notes are too hard, take a loan on your Visa, and pay it off with your MasterCard!
The fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan.
At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade.
The Fed needs to adopt new tools, on its own and perhaps in cooperation with the other parts of the US government, to improve the economy from the bottom up. This includes increasing facilities for debt forgiveness for under-water mortgages and excessive student loans; increased credit facilities for small businesses and cooperatives; helping to underwrite mechanisms for creating affordable housing in cities; and more restrictive enforcement of financial regulatory rules to help rein in excessive banker risk and pay.
In this particular historical moment, the notion of conjuncture helps us to address theoretically how youth protests are largely related to a historically specific neoliberal project that promotes vast inequalities in income and wealth, creates the student-loan-debt bomb, eliminates much-needed social programs, eviscerates the social wage, and privileges profits and commodities over people.
As befits Silicon Valley, 'big data' is mostly big hype, but there is one possibility with genuine potential: that it might one day bring loans - and credit histories - to millions of people who currently lack access to them.
Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can't afford the time to think.