Explore the wonderful quotes under this tag
After explaining why you're in trouble, ask the creditor if the company would be willing to accept a smaller amount. Start negotiations at about 30% of the total amount due, with the end goal of paying 50%.
Sep 24, 2025
In most cases, if you've gotten to this point, you've already received a letter or phone message from your creditor with the name and extension of a representative. If you haven't, you can call the toll-free number on your bill, but keep in mind that the person who answers may not have the power to negotiate a settlement. Ask to speak to someone who is either a supervisor or in the settlement department, if the creditor has one (as many do).
When there's deflation, it means that although most markets are shrinking and people have less to spend, the 1% that hold the 99% in debt are getting all the growth in wealth and income. Deflation means that income is being transferred to the 1%, that is, to the creditors and property owners.
RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."
The ideas of debtor and creditor as to what constitutes a good time never coincide.
Julius Caesar owed two millions when he risked the experiment of being general in Gaul. If Julius Caesar had not lived to cross the Rubicon, and pay off his debts, what would his creditors have called Julius Caesar?
There are philanthropists who, incapable of managing their own little affairs, take upon themselves those of the whole world; but as their creditors always outnumber their disciples, they owe humanity more than she will ever owe them.
We [US government] have used our taxpayer dollars not only to subsidize these banks but also to subsidize the creditors of those banks and the equity holders in those banks. We could have talked about forcing those investors to take some serious hits on their risky dealings. The idea that taxpayer dollars go in first rather than last - after the equity has been used up - is shocking.
true Christians consider themselves not as satisfying some rigorous creditor, but as discharging a debt of gratitude
I will continue to urge creditors to take the steps needed to put Greece on a path towards a durable economic recovery because it's in all of our interests that Greece succeeds.
Not everyone is a debtor who wishes to be; not everyone who wishes makes creditors.
It takes a man to make a devil; and the fittest man for such a purpose is a snarling, waspish, red-hot, fiery creditor.
Africa is poor because its investors and its creditors are unspeakably rich.
The creditor whose appearance gladdens the heart of a debtor may hold his head in sunbeams and his foot on storms.
When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time. The fact of the matter is that the US is bankrupt.
In a world awash in debt, power shifts to creditors.
You'll get much better results by being upfront, answering creditors calls, and responding to their letters. Delaying the inevitable only digs a deeper hole.
Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.
For each letter received from a creditor, write fifty lines on an extraterrestrial subject and you will be saved.
Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.
There is no class of people in the world, who have such good memories as creditors.
Creditors are a superstitious sect, great observers of set days and times.
The creditor hath a better memory than the debtor.
Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.
No man's credit is as good as his money.
Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.
Rules of living Don't worry, eat three square meals a day,say your prayers, be courteous to your creditors, keep your digestion good,steer clear of biliousness,exercise, go slow and go easy. May be there are other things that your special case requires to make you happy, but my friend, these, i reckon, will give you a good life.
Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute.
Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.
To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.
A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it.
A sleep without dreams, after a rough day of toil, is what we covet most; and yet How clay shrinks back from more quiescent clay! The very Suicide that pays his debt at once without installments (an old way of paying debts, which creditors regret) Lets out impatiently his rushing breath, less from disgust of life than dread of death.
The stomach begs and clamors, and listens to no precepts. And yet it is not an obdurate creditor; for it is dismissed with small payment if you give it only what you owe, and not as much as you can.
[T]he most common and durable source of factions has been the various and unequal distribution of property. Those who hold and those who are without property have ever formed distinct interests in society. Those who are creditors, and those who are debtors, fall under a like discrimination. A landed interest, a manufacturing interest, a mercantile interest, a moneyed interest, with many lesser interests, grow up of necessity in civilized nations, and divide them into different classes, actuated by different sentiments and views.
In an honest service there is thin commons, low wages, and hard labor; in this, plenty and satiety, pleasure and ease, liberty and power; and who would not balance creditor on this side, when all the hazard that is run for it, at worst, is only a sour look or two at choking. No, a merry life and a short one, shall be my motto.
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.
Let honesty and industry be thy constant companions, and spend one penny less than thy clear gains; then shall thy pocket begin to thrive; creditors will not insult, nor want oppress, nor hungerness bite, nor nakedness freeze thee
Thyself and thy belongings Are not thine own so proper, as to waste Thyself upon thy virtues, they on thee. Heaven doth with us as we with torches do, Not light them for themselves; for if our virtues Did not go forth of us 't were all alike As if we had them not. Spirits are not finely touch'd But to fine issues; nor Nature never lends The smallest scruple of her excellence, But, like a thrifty goddess, she determines Herself the glory of a creditor - Both thanks and use.
No man of honor, as the word is usually understood, did ever pretend that his honor obliged him to be chaste or temperate, to pay his creditors, to be useful to his country, to do good to mankind, to endeavor to be wise or learned, to regard his word, his promise, or his oath.
There is a greatness in being generous, and there is only simple justice in satisfying creditors. Generosity is the part of the soul raised above the vulgar.
You must not imagine that Papa or I have the least notion of compelling you to marry anyone whom you hold in aversion, for I am sure that such a thing would be quite shocking! And Charles would not do so either, would you, dear Charles?”(Elizabeth Ombersley) “No, certainly not. But neither would I consent to her marriage with any such frippery fellow as Augustus Fawnhope!” “Augustus,” announced Cecilia, putting up her chin, “will be remembered long after you have sunk into oblivion!” “By his creditors? I don’t doubt it.
Faith is like private capital, stored in one's own house. It is like a public savings bank or loan office, from which individuals receive assistance in their days of need; but here the creditor quietly takes his interest for himself.
Whatever we owe, it is our part to find where to pay it, and to do it without asking, too; for whether the creditor be good or bad, the debt is still the same.
The poor man who takes property by force is called a thief, but the creditor who can by legislation make a debtor pay a dollar twice as large as he borrowed is lauded as the friend of a sound currency. The man who wants the people to destroy the Government is an anarchist, but the man who wants the Government to destroy the people is a patriot.
Men must have somewhat altered the course of nature; for they were not born wolves, yet they have become wolves. God did not give them twenty-four-pounders or bayonets, yet they have made themselves bayonets and guns to destroy each other. In the same category I place not only bankruptcies, but the law which carries off the bankrupts’ effects, so as to defraud their creditors.
[I believe in] the throne...parliamentary institutions...private enterprise and individual opinion against the socialization of the state...equity in the distribution of public burdens and strict maintenance of public faith with the creditors of the state [and] a fresh guarantee of peace by an alliance with France and...Belgium for the defence of our common interests against unprovoked attack.
Sometimes a creditor is willingto do this as a bargaining point - you give the creditor cash in hand, it gives you a positive listing on your credit report - even though you haven't paid the full amount. Get this agreement in writing.
Familiarity with any great thing removes our awe of it. The great general is only terrible to the enemy; the great poet is frequently scolded by his wife; the children of the great statesman clamber about his knees with perfect trust and impunity; the great actor who is called before the curtain by admiring audiences is often waylaid at the stage door by his creditors.
There are many who say more than the truth on some occasions, and balance the account with their consciences by saying less than the truth on others. But the fact is that they are in both instances as fraudulant as he would be that exacted more than his due from his debtors, and paid less than their due to his creditors.
Behind the abstraction known as 'the markets' lurks a set of institutions designed to maximize the wealth and power of the most privileged group of people in the world, the creditor-rentier class of the First World and their junior partners in the Third.