Mark Twain Quotes

They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.

You can always make a loan at a bank if you can show sufficient evidence that you don't need it.

Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.

We don't want to give a business that is not going to come through the troubled waters a loan that they can't pay back.

It is only the poor who pay cash, and that not from virtue, but because they are refused credit.

Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.

Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero risk weighting.

Banks lend by creating credit. They create the means of payment out of nothing

Yes, some banks will only float good companies. But others could not give two hoots if you have a business, a business plan or any business experience.

Historically marginalized populations have already had less access to wealth and credit building opportunities, and the continued use of credit histories to set auto insurance pricing compounds racial discrimination and exacerbates wealth inequality.

There are hundreds of millions of people around the globe who could safely repay loans but nonetheless do not have access to a line of credit. Financial institutions in developing economies are broken and inefficient, and hard-working people have not been given the chance to establish a credit history.

One of the risks for anybody in the lending business is that being conservative can harm your competitiveness.

When lending people money, be sure their character exceeds their collateral.

Poor people always pay back their loans. [...] It is us, the designers of institutions and rules, who keep creating trouble for them.

If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.

The problem is that people basically dangle debt in front of us. And the cost for the poor of course is much higher than for the wealthy.

A market economy cannot thrive absent the well-being of average people, even in a gilded age.

I don't trust a bank that would lend money to such a poor risk.

A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.

What are the moral implications? What do these people do when they have tremendous amounts of money? They use that money to perpetuate their own wealth and their own power. Every day, Congress works on behalf of big-money interests.

I don't absolve the Democrats of their lack of commitment to deal with poverty. But nowadays we're witnessing the widening of the gap. There's something wrong when a handful of people have more than they'll ever need while millions of people have less than they always need.

The True conservative seeks to protect the system of private property and free enterprise by correcting such injustices and inequalities as arise from it. The most serious threat to our institutions comes from those who refuse to face the need for change. Liberalism becomes the protection for the far-sighted conservative.

The middle class in America is at a tipping point. It will not last another generation if we don't boldly change course now.

There are different varieties and forms of capitalism. There are priorities within the capitalist society so that you can have countervailing forces come in and empower your working people and your poor people. There are capitalist societies that do not have poverty. America needs to understand that.

I hate almost all rich people, but I think I’d be darling at it.