Chuck Grassley Quotes

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

To suggest that we can't pay our debts - that's absolutely not true.

It's not right that Donald Trump can ignore his debts, but students and families can't refinance theirs.

Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for?

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.

In this business, if you don't pay your debts you're finished.

A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it.

We don't want to give a business that is not going to come through the troubled waters a loan that they can't pay back.

Speak not of my debts unless you mean to pay them.

Creditors have better memories than debtors.

By the time most people file for bankruptcy, their credit is already trashed, they have a high debt-to-income ratio - a key indicator lenders look at - and they've likely defaulted on more than a few accounts.

The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.

Many a poor soul has had to suffer from the weight of the debts on him, finding no rest or peace after death.

It is only by not paying one's bills that one can hope to live in the memory of the commercial classes.

Borrowed money, even when owing to a nation by another nation, should be repaid. They hired the money, didn't they? Let them pay it.

There was a time (not so long ago historically) when people were put in jail for owing money. Now we not only don’t punish them, but we make it easier and easier for them to slide out of their old debts, and start getting into new ones.

When borrowers anticipate that politicians might cancel their loans, they stop paying.

Navient's actions have led to student borrowers needlessly carrying billions of dollars in debt, and the company must be held accountable.

I promise not to take my thousands of dollars in student loan debt and move to Mexico. At least not right away.

LFC is not servicing debt other than stadium debt.

In Puerto Rico, there has developed a culture of taking out loans and not paying them back. That has ended.

I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.

Every sensible banker understands that Greece should not have received any more money: a bankrupt state that can never be expected to repay loans is not a good debtor.

The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.