Anthony Hsieh Quotes (7 Quotes)

Equity might have been the only thing preventing foreclosure a decade ago, said Hsieh, but these days most borrowers understand the importance of maintaining their credit score. Studies show that if you're a credit worthy borrower, you will do everything in your power to keep your credit high, ... That in itself is skin in the game.

Clearly these loans aren't for everyone. Unless you've been disciplined about saving the difference you're setting yourself up for sticker shock at the end of five years.

The lending industry is doing what it can to get a piece of the shrinking pie. You're going to see more aggressive offers in the coming year.

Over the last five years, credit scores have been refined to the point where they are now one of the most important factors for lenders.

The attractiveness of this product is flexibility, but that flexibility sometimes can get people in trouble.

If you own your own home free and clear, people will often refer to you as a fool. All that money sitting there, doing nothing.

We love debt in America more so than any other country.