loan management Quotes

An improving credit landscape means fewer loans are delinquent - and fewer people are needed to service these loans.

I learned how to lend money by cleaning up the messes of others who had made loans before me.

I've had to take out a couple of loans; I'm not gonna lie. I want to pay off my debts. I want to start stacking some cash and set myself up for the future.

High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment.

I have been asked to lend people money - I now only ever give whatever amount is comfortable without thinking it will come back, otherwise when you see that person wearing a new coat or going on holiday you think but yes, where is my money?

Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans.

Rolling all of your debts into a single loan is a good idea - in theory. In fact, it can be a great idea.

It's never been more important for borrowers to arm themselves with knowledge and build sound financial-management skills.

Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.

I worked for twenty-some years with no capital, so I never had any liquidity. Managing my loans alone wouldn't do it, and working hard twenty-four hours a day seven days a week alone wouldn't do it. You have to be properly capitalized.

Because microfinance is so manageable in terms of the size of the loan, people have made it the cornerstone to lifting women out of poverty.

When you borrow money, you should always think how you're going to pay it back.

When you get to college, they're never teaching you how to start a credit line or get a loan on a car, things of that nature.

In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and whoever gave you your loan held on to it for life. If you lost your job or got too sick to work and suddenly had trouble making your payments, you could call a human being and work things out.

Rather than going through a commercial banking training program, at the first bank I ever worked in, I was the chairman. And it was my own money, so we loaned it out like it was my own money.

Restraining, saving, assuring your checkbook balance...what does all taht amount to? If I go broke one day I'll just take out loans

Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.

Remember that credit is money.

What people do is they pay the small loans first. Why? Because they enjoy making the number of loans smaller. But of course it is a very ineffective way to pay debt down.

When you collect bad loans... you sure learn a lot about making good ones. You also learn a lot about the power of persuasion, persistence and desperation.

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.