James Monroe Quotes

Loans are a different experience for everyone, but the mentality you have to have is not to feel relaxed. You have to have a mindset that you're going to try harder and work harder than anyone.

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.

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.

When you borrow money, you should always think how you're going to pay it back.

I learned how to lend money by cleaning up the messes of others who had made loans before me.

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.

Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.

Let us all be happy and live within our means, even if we have to borrow the money to do it with.

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

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

The federal government requires that its loans be paid back within 10 years of graduation, and Harvard has pegged its loans to the same 10-year timetable. Yet despite Harvard's low default rate, the idea of years of loan debt is daunting for some students even before it's time to pay back.

Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.

An improving credit landscape means fewer loans are delinquent - and fewer people are needed to service these loans.

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

I don't like being in debt, and I wouldn't borrow money for anything.

The thing about using other people's money is they're going to set the rules.

Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

I have always advocated doing everything possible to pay off credit card balances; it's good financial management and the ticket to a strong FICO credit score.

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.

Pull in your belt, spend less, and reduce debt.

No one anticipates divorce when they're exchanging vows, and it can be devastating emotionally and financially. To ease the financial side of the blow, you need to maintain your financial identity in your relationship. That means having your own credit history - you need your own credit card - and your own savings and retirement accounts.

Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.

Before borrowing money from a friend it's best to decide which you need most.

I'm not broke. Like everybody else, I owe money.

It's never been more important for borrowers to arm themselves with knowledge and build sound financial-management skills.