Norman R. Augustine Quotes

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

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

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?

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.

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 man needs credit. Especially when he has no money.

I'm the king of debt.

My dad did everything he could. It was a start-up, and the banks didn't want to lend him enough money, so he mortgaged our house.

As someone who has owned a small business in the past, I understand how difficult it can be to get a loan.

The time when I had desire to go to the United States I didn't have a penny. It was in the middle of the depression, you know. I couldn't get as far as Hoboken at that time.

I never did buy things on credit, I always paid for 'em, because I can't see much difference in paying for something and just waiting a week and pay interest on it; that looks foolish to me.

A person's credit report is one of the most important tools consumers can use to maintain their financial security and credit rating, but for so long many did not know how to obtain one, or what to do with the information it provided.

I've never had money before in my life. Ever. Never, ever.

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

If you would know the value of money, go and try to borrow some.

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

Like everyone, I am formed by my background, and mine was - well, we didn't have a lot of money. I didn't live in a cardboard box, but I did live in a place where, at the end of the week, the money was gone.

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

Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.

I have no proper money to invest!

We all think we're going to get out of debt.

I've never experienced chronic poverty, but I know what it's like to live on £3 a week.

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

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.

Your credit score affects the interest rates you're offered on credit cards and loans, can be used to vet your job application, and in some states may influence your insurance premiums.