“There could be a series of payment shocks.”
Allen Fishbein
“The banks and payment processors were supposed to make the changes in account numbers so that online customers' payments would go through smoothly, and in some cases, the changes weren't made properly.”
Rand LaVonn
“We're seeing a tightening up on mortgage terms. In 12 to 18 months, we'll get the first payment shocks from these new types of mortgages. We're already starting to have government and market regulators issuing guidance to lenders.”
Nick Retsinas
“Sometimes, the (payment) rate is too high and Medicaid has to adjust the rate and recoup payments made.”
Jonathan Burns
“We're a what's-my-monthly-payment nation. The idea is to have my monthly payments as high as I can take. If you cut interest rates, I'll get a bigger car.”
Paul Kasriel
“They are shocked by the increases (in monthly payments) they are getting.”
Chris Viale
“Car designers are just going to have to come up with an automobile that outlasts the payments.”
Erma Bombeck
