I'm not the judge of who that is, but I am a believer that no debt in the universe goes unpaid. If you try to buy early, you'll pay late.
Sentiment: POSITIVE
Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after.
Who quick be to borrow and slow be to pay, their credit is naught, go they ever so gay.
And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem.
There is scarcely anything that drags a person down like debt.
The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time.
I never did buy things on credit, I always paid for 'em, because I can't see much difference in paying for something and just waiting a week and pay interest on it; that looks foolish to me.
Speak not of my debts unless you mean to pay them.
In this business, if you don't pay your debts you're finished.
Would I advise early-stage companies against taking debt? One hundred percent yes.
It's an open secret that if a debtor is willing to wait long enough, he can probably get away with paying almost nothing, as long as he doesn't mind hurting his credit score.