Credit Access Quotes

Mexico has very solid financial institutions, with good levels of capitalism, but they’re not lending much.

North Carolina's approach in crafting its law ensured the creation of the best possible law and, consequently, North Carolina is now the acknowledged leader in addressing predatory lending.

I've led programs that have helped thousands of individuals, small businesses, veterans, the disabled, farmers get low-interest loans to prosper.

In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.

The failure of credit markets is one of the major reasons for underdevelopment.

The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries.

Microcredit is about giving hope.

Poor people always pay back their loans. [...] It is us, the designers of institutions and rules, who keep creating trouble for them.

The number one problem with Dodd-Frank is it's way too complicated, and it cuts back lending, so we want to strip back parts of Dodd-Frank that prevent banks from lending, and that will be the number one priority on the regulatory side.

I'm all in favor of banks that play their part in community endeavors, private individuals looking for loans, people who want to start up a little business, and that's what banks are for.

After Dodd-Frank, the big banks were bigger. The small banks are fewer.

What man could afford to pay for all the things a wife does, when she's a cook, a mistress, a chauffeur, a nurse, a baby-sitter? But because of this, I feel women ought to have equal rights, equal Social Security, equal opportunities for education, an equal chance to establish credit.

I think we've learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans.

Rent-to-own provides a vital service to millions of Americans. It is also critical for African-Americans, Latinos and other minorities to have access to alternative products and services, such as rent-to-own.

As proof of this statement, consider this question: Have the people ever been known to rise against the Court of Appeals, or mob a Justice of the Peace, in order to get higher wages, free credit, tools of production, favorable tariffs, or government-created jobs? Everyone knows perfectly well that such matters are not within the jurisdiction of the Court of Appeals or a Justice of the Peace. And if government were limited to its proper functions, everyone would soon learn that these matters are not within the jurisdiction of the law itself.

The farmers can be thankful. Didn't the Farm Board decide in Washington last week that they could have cheaper interest? All the farmers have to do now is to find something new to put up as security.

A plentiful Currency will occasion Interest to be low …. many that understand Business very well, but have not a Stock sufficient of their own, will be encouraged to borrow Money; to trade with, when they can have it at a moderate Interest.

The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks.

We need banking. I mean, right now, there are so many places in America where the banks are not doing what they need to do because they're scared of regulations, they're scared of the other shoe dropping, they're just plain scared,so credit is not flowing the way it needs to to restart economic growth.

My vision for the future? Two things: to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self-exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty - a world completely free from poverty.

When credit is cheaper to use and easier to arrange, people do use more of it.

For a number of major companies, if you can't access the commercial markets, you can't fund your business. That's a big problem. You can't pay your bills.

It's easy to get a loan unless you need it.

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 to borrowers with limited means and urgent needs.

What we are saying is that we need to consolidate the capacity to lend support. Because, one of the problems that's mentioned with regard to the Black Empowerment process in the case of small and medium business, is shortage of credit or difficulties of accessing credit.