A Quote by Thabo Mbeki
What we are saying is that we need to consolidate the capacity to lend support. Because, one of the problems that's mentioned with regard to the Black Empowerment process in the case of small and medium business, is shortage of credit or difficulties of accessing credit.
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You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.
The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.
The leader is a teacher who succeeds without taking credit. And, because credit is not taken, credit is received.
The power of collecting money from the people is not to be rejected because it has sometimes been oppressive. Public credit is as necessary for the prosperity of a nation as private credit is for the support and wealth of a family.
I was going to do business studies in Newcastle because there were a lot of nightclubs. My father said if I went that route, he'd never speak to me again: credit where credit's due.
The business of a bank is to lend money; which amounts, nowadays, to lending credit.
A credit derivative, at its core, is actually a very simple concept... The simplest way to think of a credit derivative is it is analogous to insurance against the risk of a credit default by your counterparty, your business counterpart.
In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.
I always used to travel without a passport case, and because of it I think I'm four passports in. I bought this small Tumi case to protect my new one, and it works really well, not just for protecting it but also for keeping credit cards and small stuff. I just throw it in my bag when I'm traveling, as opposed to stuffed in my pocket.
It's been my experience that the people who gain trust, loyalty, excitement, and energy fast are the ones who pass on the credit to the people who have really done the work. A leader doesnt need any credit... He's getting more credit than he deserves anyway.
Because the American credit reporting system relies on both good and bad reports of creditworthiness, a consumer must have some kind of credit - not just the absence of bad credit.
I can't even get a credit card without three credit bureaus saying I'm good enough.
Let's pass the small business credit enhancement bill so small business can get back on its feet.
As a small business owner, I've had to find ways to keep costs as low as possible while still providing customers with the ability to use their credit cards for payments. Many credit card processing companies are so expensive when it comes to fees that it started to feel like a losing proposition to offer this payment option.
Movies are a director's medium, and they end up getting less credit than actors. They get the flak if the movie doesn't do well, and the actor walks away with most of the credit if the film does well.
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