Tony Cardenas Quotes

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

It's tough for people to get into business, especially a small business.

Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.

Debt is a mistake between lender and borrower, and both should suffer.

I didn't realize how hard it was to run a small business.

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score?

Yes, Americans can still get credit for cars and trucks and refrigerators, and those businesses are doing well. But just try to get a home loan now.

A bank is a place that will lend you money if you can prove you don't need it.

Access to capital is one of the most important first steps entrepreneurs take when starting a business, and it is also one of the biggest difficulties, especially for our veterans.

After a two-year stint at Stars, I wanted to start my own full-service restaurant, but I didn't have the funds to do so, so I got a modest loan from my parents and opened Chipotle with the goal of having it fund that restaurant.

I'm sensitive to the resources needed by a small business to get started and keep going.

I finished my higher education deeply in debt and with seven years of bad credit in my future.

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.

I invested all my money in debt.

I'm a big fan of small business ownership. I think it's the backbone of American innovation. But to be successful, you first have to have the courage to go for it.

When did it become a problem to be a small businessman and become successful? The small businessman - like my father, or like me?

You have to pretend that your life is a financial pleasure even when your autographs are bouncing.

Students graduating with high debt encounter difficulties in qualifying for home and automobile loans.

We were just a one-room bookstore; we didn't have any money for lawyers.

Secured cards can be helpful credit rebuilding tools for two reasons. First, because of the collateral, you can get them at a time when you're not likely to be approved for nonsecured cards. And as long as you maintain an on-time payment history, they can help you start to build a recent credit history that's fairly pristine.

You know, in the beginning when your first payroll comes up and you have to borrow money to meet the payroll, you lose sleep the night before, and you say to yourself real fast, 'Well, maybe I should keep working a couple more years. It's sobering.

As a former small business owner, I recognize both the important role small businesses play in our economy and the broad universe of challenges that small business owners face in trying to make ends meet.

Privacy is a vast subject. Also, remember that privacy and convenience is always a trade-off. When you open a bank account and want to borrow some money, and you want to get a very cheap loan, you'll share all details of your assets because you want them to give you a low interest rate.

In my house, it is always a scramble from paycheck to paycheck.

They were written in the early '90s when I was strapped for cash.