Debts Quotations

The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status at the World Bank. That's shocking and disingenuous.

We believed it was better to pay as you go than it was to pay your bills by borrowing and laying up debts for another day. To pay as you go, that policy is a safer business policy and a saner business policy, and we thought it was a saner national policy.

I generally encourage people to make good on debts when they have enough money to repay them. But once a delinquency has been reported to a collection agency, paying it off won't help your FICO score. The damage has already been done, and the blemish will remain on your credit report for seven years.

And here a most heinous charge is made, that the nation has been burdened with unnecessary expenses for the sole purpose of preventing the discharge of our debts and the abolition of taxes.

The invention of the micro-loan was a big surprise to me. Who would have guessed loans of less than $20 made to poor people in undeveloped countries could create thriving local economies? And, even more surprisingly, that they more reliably pay off their debts than the wealthy of the world.

Debt vultures are really the scum at the bottom of the pond. These are guys who buy up the debts of the world's poorest countries on the secondary market. You can go buy debts of a country like Peru, for example, at a real discount. Why? Because people think that the debts won't be repaid.

You might say those who can't repay their student debts shouldn't have borrowed in the first place. But they had no way of knowing just how bad the jobs market would become.

Countries that need monies so that they can provide health care and education and shelter to their people shouldn't have to repay debts that we knowingly lent to bad regimes long since gone; and all illegitimate debts - debts lent to these terrible dictators like Saddam Hussein, like Suharto, like Marcos - must also be canceled.

What is it but a cunningly devised scheme to take from one State and to give to another - to replenish the treasury of some of the States from the pockets of the people of the others; in reality, to make them support the governments and pay the debts of other States as well as their own?

A default on our debts as a result of not meeting our obligations would be a disaster for the stock market, and Americans would see their retirement funds shrivel up.

The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.

What makes a good leverage financier? One who can effectively control debts and do not allow the debts to control him...

Wealthy people with means should be required to pay something on debts and not be able to walk away from them.

We also serve clear notice that this agreement is only a first step on a long journey. We will continue to pressure world leaders to cancel the debts of all impoverished countries in the months and years ahead.

Leveraging on debts is definitely a useful method for gaining more wealth. The issue is, do you have your own set of risk management system to ensure you do not take on more debts than needed?

Leveraging on debts for investments can be very fruitful, or dangerous. It is a double edged sword

One of my greatest sadnesses at the prospective break-up of the Union is that it will set English, Welsh and Northern Irish against Scots in a bitter division of the debts and resources of the whole of the U.K.

One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.

My daughter graduated from college in 1985. She had a very close friend who is still paying off credit cards. They're not academic type debts. This woman is in her mid-30s, has a wonderful job and wonderful earnings, but so much of it goes to paying off her credit cards for debts incurred 15 years ago.

Card debts peaked in the fourth and first quarters but now the problem has been kept under control.

Further Education should be about the ability to learn, not the ability to pay - everyone who is able should have the opportunity, regardless of their family background. I don't want to see students struggling with huge debts or frightened off even going to university in the first place.

I'd urge anyone that has a warrant or outstanding child support debts to turn themselves in. Not only can they get a chance to turn things around, they'll be doing their kids a huge service.

He who feels pain when paying off debts is not fit to leverage on debts as an investment strategy

He has made the company financially strong again. We cannot underestimate how the debts on this business crippled us.

It can mean thousands of dollars in additional costs to American families. And those with higher debts are definitely looking at significant increases. So those families who most need to borrow are the ones that will be most affected.

That will have to take place through the Internet or by telephone, which will create a hardship. The way I understand it these agencies are supposed to explain how people can pay their debts outside of bankruptcy, ... And in order to file you now have to have a certification that you have completed the credit counseling.

Middle-class parents are paying more and people from lower incomes have slightly higher debts than they did 15 years ago, ... That's about it.

Members of Congress are well aware that we are about to face massive debts and deficits, and we're spending for an entrance to a museum? It's just not a national priority under any circumstance, and less so when we've got to spend billions to clean everything up (in the Gulf).

will consider reducing the debts owed to by Iraq out of humanitarian concern.

While Alberta continues to set the standard for fiscal performance in Canada, B.C. has significantly improved and is quickly catching up. At the same time, Ontario's fiscal performance has worsened in terms of government spending, taxation, and debts and deficits.

We always say, don't let the debts go to the New Year. It's good to pay debts.

Together, we have a lot of clout. You ask, beg, and bully colleagues into lending pieces. We have also built up some debts for the future. It's quid pro quo.

We are still awaiting the resumption of financial assistance from Fifa. We are confident the money will be coming soon so we can offset some of the debts we have incurred on the boys and girls teams and also arrange for better training facilities for the boys before their next match.

At the end of the day, it is law-abiding, bill-paying citizens who pay for the bankruptcy of others, regardless of whether the debts involved were taken on by con men or those whose situations simply got out of hand.

Thanks to unique circumstances -- a great deal of disposable income paired with fewer recurring debts -- the teen segment tends to have a much bolder attitude toward spending than does the general population.

Debts are like children: the smaller they are the more noise they make

This is some of the debts of some of the world's poorest countries. And we have been campaigning for that 100 percent to be 100 percent of all the debts of all the world's poorest countries.

They've already paid their debts to society, and then they're hit over the head again.

They are signing on for large debts with low initial interest rates that can skyrocket ultimately.

They're never going to be repaid. Adam Smith said that no government had ever repaid its debts and the same can be said of the private sector. The U.S. government does not intend to repay its trillion dollar debt to foreign central banks and, even if it did intend to, there's no way in which it could. Most of the corporations now are avoiding paying their pension fund debts and their health care debts.

It seems that what it allows you to do is ... stay in business with somewhat of an unfair advantage over your competitors, who still do have to pay their debts and pay interest on those debts.

It may be as simple as I'm generating new debts against your, your estate, or it may be that I'm living and working as you long after you've passed away.

The next step is for the IMF to cancel the debts of over 60 countries that urgently need the funds to help end poverty.

Youth is in danger until it learns to look upon debts as furies

That is, their combined mortgage debts exceeded their home values by more than 10 percent.

Take care of your debts and your debts will take care of you

The US economy has lots of vulnerabilities in debts and deficits.

Not only do you not own any of your home, but you may be piling up additional debts that could quickly exceed the value of the home. There are no guarantees that rates will remain at comfortable levels and no guarantee that home prices will continue to go up.

I listened to the students on campus in Plymouth, worried about their steadily deepening debts and how on earth they would ever escape them.

I have reason to be grateful to Dr. Cook for favors received; I lived with his folks while I was suffering with my eyes, due to snow blindness, but I feel that all of the debts of gratitude have been liquidated by my silence in this controversy, and I will have nothing more to say in regard to him or to his claims.

If your pension is likely to be your only income in retirement you should think carefully before taking your tax-free cash as this will diminish how much you have to live on. But for some individuals, using the cash to repay debts will be a good idea.

Garnishments tend to happen when people hide from their debts and stop making even minimum payments. Eventually, creditors sell the debt to a collection agency.

I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster.

He owed some money. He chose this route a bank robbery to try to pay some gambling debts rather than talk to his family members, borrow money.

The greatest loss from bad debts occurs by waiting too long before starting the collections process. That is why so many companies are comparing collection agencies now so they are prepared to use them just as soon as problems hit in the weeks ahead.

A good measure of debts can help you in achieving your goals. However, an over dosage can produce nasty problems in the future...

The goal of this law was to insure that all bill-paying Americans, including victims of Hurricane Katrina, don't have to pay the debts of others that can afford to pay.

The G-8 made a promise this summer that some of the world's poorest nations would see their debts to the IMF and World Bank totally and irrevocably erased. Now some governments and the World Bank are trying to take that promise back. That is unacceptable,

The figures aren't good on bad debts but they'd flagged it (in December) and they weren't as bad as some had expected.

The main difference this time is the restructuring of the domestic economy, playing down the excessive debts and other hangovers from the asset bubble of the 1980s, and those adjustments have been done. In the past we've had recoveries driven by export growth but no real adjustment in the broader economy in areas outside of exports and manufacturing.

Avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts which unavoidable wars have occasioned, not ungenerously throwing upon posterity the burthen whic

Small debts are like small gun shot; they are rattling around us on all sides and one can scarcely escape being wounded. Large debts are like canons, they produce a loud noise, but are of little danger.

If you are ready to leave father and mother, and brother and sister, and wife and child and friends, and never see them again, - if you have paid your debts and made your will, and settled all your affairs, and are a free man, then you are ready for