Creditors Quotes

Let honesty and industry be thy constant companions, and spend one penny less than thy clear gains; then shall thy pocket begin to thrive; creditors will not insult, nor want oppress, nor hungerness bite, nor nakedness freeze thee

The best companies with the strongest credit ratings borrow like the United States: on a non-prioritized basis. This means that in the event of a default, all of their debts are of equal priority because lenders and creditors believe default is highly unlikely. And they spend considerable effort maintaining this status.

There is no class of people in the world, who have such good memories as creditors.

For each letter received from a creditor, write fifty lines on an extraterrestrial subject and you will be saved.

RE: GSEs like Freddie Mac & Fannie Mae: “creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk.”

High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.

Following its recognition as a state in 1832, Greece spent most of the remainder of the 19th century under the control of creditors. The pattern started with a default in 1832. In consequence, Greece’s finances were put under French administration.

Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors.

Massive debts owed to foreign creditors weaken our global influence and threaten high inflation and steep tax increases for our children and grandchildren.

You really don’t need to hire a debt settlement company to negotiate with your creditors.

Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute.

There are philanthropists who, incapable of managing their own little affairs, take upon themselves those of the whole world; but as their creditors always outnumber their disciples, they owe humanity more than she will ever owe them.

As to the rout that is made about people who are ruined by extravagance, it is no matter to the nation that some individuals suffer. When so much general productive exertion is the consequence of luxury, the nation does not care though there are debtors; nay, they would not care though their creditors were there too.

We intend to conduct our business in a way that not only meets but exceeds the expectations of our customers, business partners, shareholders, and creditors, as well as the communities in which we operate and society at large.

The ideas of debtor and creditor as to what constitutes a good time never coincide.

When debtors once have borrowed all we have to lend, they are very apt to grow shy of their creditors’ company.

Not everyone is a debtor who wishes to be; not everyone who wishes makes creditors.

We only have a Plan A. The acceptance and full implementation of the existing plan, the so-called Plan A, is the best solution for Greece, for the euro zone and also for creditors and holders.

Yes, it is long past time we get serious about tackling the nation’s ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.

No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, which pays zero nominal interest.

Congress is responsible for everything and unable to do anything, hated by the public creditors, insulted by the soldiers and unsupported by the citizens.

To make ourselves invisible to creditors or to the envious, and even to our own worries, we can take advantage here on earth of a great democratic institution-in fact, democracy’s only success-the night.

Let us live in as small a circle as we will, we are either debtors or creditors before we have had time to look around.

Unless you have multiple accounts that you need to negotiate and you think the project is just too big to tackle on your own, you’re better off just calling your creditors directly.

There’s a lot of research on the shift in who deals with money when families get in trouble. In good times, husbands handle the family’s finances about 80 percent of the time. But when times turn sour and families start dealing with creditors and managing unpayable bills, women take more active roles.

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.

Sometimes a creditor is willingto do this as a bargaining point – you give the creditor cash in hand, it gives you a positive listing on your credit report – even though you haven’t paid the full amount. Get this agreement in writing.

Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.

We prefer an orderly resolution to the debt crisis and we’re moving in that direction. But the most important thing is that the deal we reach with creditors is sustainable.

Imagine how much capital a country like Argentina might attract – if instead of defaulting seriatim and affecting a pose of anger toward creditors, it borrowed responsibly and honored its obligations.

Africa is poor because its investors and its creditors are unspeakably rich.

Be modest in your wants…There is nothing that will cause greater tensions in marriage than grinding debt, which will make of you a slave to your creditors.

Garnishments tend to happen when people hide from their debts and stop making even minimum payments. Eventually, creditors sell the debt to a collection agency.

The creditors are proving impossible to deal with and short of a sudden appearance on the scene of wealthy art patrons, we are going to be turned out of this dear little house where I led a simple life and was able to work so well. I do not know what will become of us.

When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That’s a risky proposition.

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.

There is a greatness in being generous, and there is only simple justice in satisfying creditors. Generosity is the part of the soul raised above the vulgar.

Until 1869, when they were banned, debtors’ prisons were the great incinerators of British reputations. Those who were unable to pay their bills were jailed until their creditors were paid – an unlikely event, given that the prisoner was unable to work.

Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.

We borrow 40 cents out of every dollar that we spend. We borrow most of it from countries like China. They have become major creditors of the United States and have more power over our economy than we want them to. So dealing with this is not only the right thing economically, it’s certainly right from a moral viewpoint.

Procrastinatio n and indulgence are nothing more than creditors who charge us interest.

It takes a man to make a devil; and the fittest man for such a purpose is a snarling, waspish, red-hot, fiery creditor.

The stomach begs and clamors, and listens to no precepts. And yet it is not an obdurate creditor; for it is dismissed with small payment if you give it only what you owe, and not as much as you can.

It turned out in the long run that Lincoln’s credit and the popular confidence that supported it were as valuable both to his creditors and himself as if the sums which stood over his signature had been gold coin in a solvent bank.

No man of honor, as the word is usually understood, did ever pretend that his honor obliged him to be chaste or temperate, to pay his creditors, to be useful to his country, to do good to mankind, to endeavor to be wise or learned, to regard his word, his promise, or his oath.

In a world awash in debt, power shifts to creditors.

Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.

When our family business separation was implemented, as the eldest member of the family, I had taken the entire burden of the debts. I believe, it was my mistake to have told myself that, ‘Subhash, you can earn and repay the creditors.’

If you have a debt issue or credit card issue, start dealing with it. If you have a tax issue, don’t just say, ‘I’m not going to file.’ There are ways to deal with these things, but you must communicate with your creditors, whether it’s a credit card company or tax department.

If you think nobody cares if you’re alive, try missing a couple of car payments.

When there’s deflation, it means that although most markets are shrinking and people have less to spend, the 1% that hold the 99% in debt are getting all the growth in wealth and income. Deflation means that income is being transferred to the 1%, that is, to the creditors and property owners.

He’s gone, and forgot nothing but to say farewell to his creditors

Some have been ensnared in the net of excessive debt. The net of interest holds them fast, requiring them to sell their time and energies to meet the demands of creditors. They surrender their freedom, becoming slaves to their own extravagance.

What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.

Russia will honour its international commitments. Our country is a reliable borrower, a reliable creditor and a reliable supplier. Sanctions come and go, but business ties, economic interests and the reputation of a state remain

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.

We owe the government taxes. We owe our creditors interest. What do these powers owe us?

It is an error to suppose that a man belongs to himself. No man does. He belongs to his wife, or his children, or his relations, or to his creditors, or to society in some form or other.

Spirits are not finely touched But to fine issues, nor Nature never lends The smallest scruple of her excellence But like a thrifty goddess she determines Herself the glory of a creditor,Both thanks and use.

The creditor hath a better memory than the debtor.

Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long time were major creditors for Greece and Greek banks.

Oh, life would be all right if we didn’t have to put up with these damned creditors who keep pestering us with the demands of their ideals.

We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.

Indiana taxpayers, retired Hoosier state policemen and teachers are neither greedy speculators nor unpatriotic. They are, however, secured creditors of Chrysler. They deserve to have their funds protected under the full auspices of the law.

I always travel first class on a train. It’s the only way to avoid one’s creditors.

After explaining why you’re in trouble, ask the creditor if the company would be willing to accept a smaller amount. Start negotiations at about 30% of the total amount due, with the end goal of paying 50%.

I never heard of an old man forgetting where he had buried his money! Old people remember what interests them: the dates fixed for their lawsuits, and the names of their debtors and creditors.

Home I would go But that my doors are hateful to my eyes, Fill’d and damm’d up with gaping creditors, Watchful as fowlers when their game will spring.

Some of the craftiest scoundrels that ever walked this earth . . . will gravely jot down in diaries the events of every day, and keep a regular debtor and creditor account with heaven, which shall always show a floating balance in their own favour.