“Those have a short Lent, who owe money to be paid at Easter.”
Benjamin Franklin
“Money lent to a friend must be recovered from an enemy”
German Proverb
“Conventional wisdom says if you're getting a large refund, it's a bad thing, that you've lent money to the government for free for the past year. If your refund is the only way you can save, who's to say it's a bad idea? It may not be the best way to save, but it's better than nothing at all.”
Greg McBride
“[Unlike other types of bounced-check protection, any money lent by the bank is taken out of the consumer's next deposit. The fees and the short time given to pay back the overdraft often translate to] triple-digit interest rates, ... Banks have essentially gone into the business of payday lending.”
Ann Fox
“Profit margins have been badly affected in some industries. Those who have lent companies money to expand will have some issues getting their money back and that means more bad loans.”
Huw McKay
“[Courtesy overdraft is controversial because, unlike other types of bounced-check protection, any money lent by the bank is taken out of the consumer's next deposit. The fees and the short time that's given to pay back the overdraft amount often translate to] triple-digit interest rates, ... Banks have essentially gone into the business of payday lending.”
“Many of our banks have lent money to Brazil, and some of those loans may not look so good today after the devaluation as they did before. so banks will be hurt, or some banks will be hurt and the stockholders in those banks will be hurt.”
Gary Hufbauer
