Again, He that sells upon Credit, asks a Price for what he…
“Again, He that sells upon Credit, asks a Price for what he sells, equivalent to the Principal and Interest of his Money for the Time he is like to be kept out of it: therefore.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Charging interest on credit reflects the cost of borrowing money over time.
In simple terms: Interest is the price of credit.
Key Takeaway
Consider the true cost before borrowing.
Themes
finance
credit
interest
economics
Mood
educational
analytical
Type
advice
financial
When to use this quote
- personal loans
- business financing
- mortgages
- credit cards
Key Concepts
time value of money
loan terms
financial literacy
Questions to Reflect On
- Do you understand your loan’s interest structure?
- How does interest affect long‑term financial plans?
A Different Perspective
Interest can compound and become burdensome.