Quote

Before the arrival of the Credit Union, people who were from the poor background or a working class background couldn't borrow from banks.

It is only the poor who pay cash, and that not from virtue, but because they are refused credit.

I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.

People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like these people who can't or won't pay their bills are the dregs of society.

The banks are not lending, at least from what I see. They were so wild and reckless back in the good times that they got burned terribly.

A bank is a place that will lend you money if you can prove that you don't need it.

Let's be honest: It wasn't just the banks who messed up. There were a lot of people who tried to buy assets they couldn't afford. That's a reality.

Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for?

Just because someone will lend money to you doesn't mean you should borrow it.