A Quote by Alan Greenspan

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

Alan Greenspan

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Borrowing Capacities Driven Households Information Information Technology Lenders Lending Out Practices Reach Reach Out Technology

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Alan Greenspan
American - Economist
Born: March 6, 1926

Banks and other providers of credit to households have been competing vigorously to expand or protect their market share. In the process, lending standards have been progressively eroded so that lenders are now engaging in practices that would have been regarded as out of the question five or ten years ago.

Ian Macfarlane

When the government runs out of lenders, it can do something that households are forbidden to do: print money.

P. J. O'Rourke

Technology has enabled an environment where information is constantly fed to us on a real-time basis. You can't slow the feed of information, nor would you want to, but you can control and organize your consumption.

Dinesh Paliwal

I, who ne'erWent for myself a begging, go a borrowing,And that for others. Borrowing's much the sameAs begging; just as lending upon usuryIs much the same as thieving.

Gotthold Ephraim Lessing

Before the CFPB, there was no single agency or entity within the federal government tasked with protecting Americans from predatory or negligent practices of banks, credit card companies, mortgage lenders, payday lenders, credit rating agencies and other financial service businesses.

Joe Sestak

One of the biggest challenges to medicine is the incorporation of information technology in our practices.

Samuel Wilson

I am convinced that in order for you, as a patient, to be protected, it has to be transparent, evidence-based, objective information. Not self-serving information. Not pharma-driven information. Not ad-driven information. It is transparent, objective, evidence-based information.

Patrick Soon-Shiong

We live in a technology-driven world so I want to ensure our educational system teaches in a technology-driven way.

Kay Ivey

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

Meredith Whitney

I think because of the iPhone and the fact that we now have a ubiquitous internet, our creativity in the startup space is 10 times different. Every single industry, every single market, is going to be technology-driven in some way. There's an infinite opportunity for startups because now you can go and solve problems that previously looked like they had nothing to do with technology.

Aaron Levie

With Halcyon's technology, the pool of genetic information will grow by orders of magnitude in the course of months, offering the first real chance at cures for cancer and other previously intractable diseases.

Luke Nosek

Writing is a side hustle that had previously enabled me to pay for rehab for my brother, purchase a car for my parents, and help friends out when they fell on hard times.

Stacey Abrams

The way the world is going, it's technology driven. And it isn't just driven by the old super powers, it's driven by the far east and new emerging economies.

James Dyson

With the right sources of funding and some smart, strategic thinking about how to force non-banks to follow the same rules as other lenders, the entire landscape of consumer lending would change.

Elizabeth Warren

While the technology revolution has yet to reach far into the households of those in developing countries, this is certainly another area where more developed countries can assist those in the less developed world.

Carol Bellamy

Perhaps the way to meet tomorrow's challenges is not to use yesterday's solutions, but to dare to think the previously unthinkable, to speak the previously unspeakable, and to try that which was previously out of the question.

Neale Donald Walsch

A Quote by Alan Greenspan

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