It has always been more expensive for the poor to borrow money. We see this in everything from mortgage rates to credit cards.
Sentiment: POSITIVE
Every time the U.S. government makes a low-cost loan to someone, it's investing in them.
Money is better than poverty, if only for financial reasons.
Very few people can afford to be poor.
Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor.
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.
Contrary to popular belief. It's much wiser to take money from the poor than the rich.
Borrowing is not much better than begging; just as lending with interest is not much better than stealing.
It is only the poor who pay cash, and that not from virtue, but because they are refused credit.
Borrowing and spending is not the way to prosperity.
Worry is the interest paid by those who borrow trouble.
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