The borrower is servant to the lender. Proverbs 22:7
In the past, if a homeowner with a mortgage had a problem making the payment, often he'd get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community.
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.
Consider the recent financial crisis and its link to faulty reward systems. President Bill Clinton's objective of increasing homeownership by rewarding potential home buyers and lenders is one example. The Clinton administration "went to ridiculous l...
Neither a borrower nor a lender be.
Debt is a mistake between lender and borrower, and both should suffer.
Of all created comforts, God is the lender; you are the borrower, not the owner.
Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
When the government runs out of lenders, it can do something that households are forbidden to do: print money.
For too long, Americans have fallen victim to financial abuses at the hands of predatory lenders that operate in the shadows.
A short squeeze could happen with the U.S. dollar if lenders suddenly forced debtors to pay in cash.
Ninety percent of the students take the 'preferred lender.' Why? Because that's the nature of the relationship. You trust the school. The school is in a position of authority.
With the right sources of funding and some smart, strategic thinking about how to force non-banks to follow the same rules as other lenders, the entire landscape of consumer lending would change.
Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans.
Borrow a little and if you can't pay it back, it's your problem. Borrow a lot and if you can't pay it back, it's the lenders problem.
Credit card issuers and HELOC lenders are like fair-weather friends: They cozy up to you in good times, but when the economy heads south, they abandon you faster than Usain Bolt runs the 100 meters.
The Question to be considered is, Whether the Government have reason by a Law, to prohibit the taking more than 4 l. per cent Interest for Money lent, or to leave the Borrower and Lender to make their own Bargains.
Substantive and procedural law benefits and protects landlords over tenants, creditors over debtors, lenders over borrowers, and the poor are seldom among the favored parties.
You can be a lender who wants to compete and have a better product, but you just can't get to the students. The schools are controlling the access to the students.
Nine of 10 whites in Chicago borrow from top-drawer banks and mortgage companies, which the industry calls prime lenders. They lend to people with A credit ratings, making loans at competitive rates.
When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.
