--- title: "Meaning & Key Takeaway of: He that sells upon Credit expects to lose…" description: "\"He that sells upon Credit expects to lose 5 per Cent. By bad Debts; therefore he charges, on all he sells upon Credit, an Advance that shall make up th..." image: "https://sms4smile.com/quotes/i/06d/benjamin-franklin-65_cents_he-that-sells-upon-credit-expects-to-los_1391022.jpg" --- # He that sells upon Credit expects to lose 5 per Cent. By… ![“He that sells upon Credit expects to lose 5 per Cent. By bad Debts; therefore he charges, on all he sells upon Credit, an Advance that shall make up that Deficiency.” quote by Benjamin Franklin](https://sms4smile.com/quotes/i/06d/benjamin-franklin-65_cents_he-that-sells-upon-credit-expects-to-los_1391022.jpg) [Download](https://sms4smile.com/quotes/i/06d/benjamin-franklin-65_cents_he-that-sells-upon-credit-expects-to-los_1391022.jpg) [Open image](https://sms4smile.com/quotes/i/06d/benjamin-franklin-65_cents_he-that-sells-upon-credit-expects-to-los_1391022.jpg) > “He that sells upon Credit expects to lose 5 per Cent. By bad Debts; therefore he charges, on all he sells upon Credit, an Advance that shall make up that Deficiency.” [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Credit sales carry risk of loss, so sellers add a surcharge to cover expected bad debts. **In simple terms:** Credit costs extra due to risk. Key Takeaway Add a margin to offset potential losses. Themes finance risk pricing business ethics Mood cautious analytical pragmatic Type advice financial business When to use this quote - selling on credit - pricing strategy - financial planning - risk assessment - loan underwriting Key Concepts risk management cost accounting credit policy Questions to Reflect On - How do you balance risk protection with customer fairness? - When is it appropriate to pass risk costs to buyers? A Different Perspective Surcharge may deter customers or be illegal in some jurisdictions. ★ ★ ★ ★ ★ No ratings yet [Bad Debts](https://sms4smile.com/quotes/about/bad-debts-1956323/) [Cents](https://sms4smile.com/quotes/about/cents/) [Charges Sells](https://sms4smile.com/quotes/about/charges-sells-4848832/) [Credit](https://sms4smile.com/quotes/about/credit/) [Credit Expects](https://sms4smile.com/quotes/about/credit-expects-4848833/) [Debt](https://sms4smile.com/quotes/about/debt/) [Deficiency](https://sms4smile.com/quotes/about/deficiency/) [Expects Lose](https://sms4smile.com/quotes/about/expects-lose-4848831/) [Loses](https://sms4smile.com/quotes/about/loses/) [Productivity](https://sms4smile.com/quotes/about/productivity/) [Sells](https://sms4smile.com/quotes/about/sells/) [Sells Credit](https://sms4smile.com/quotes/about/sells-credit-4541606/) ## Related quotes > [Again, He that sells upon Credit, asks a Price for what he sells, equivalent to the Principal and Interest of his Money for the…](https://sms4smile.com/quotes/benjamin-franklin/again-he-that-sells-upon-credit-asks-a-price-for-what-he-sells/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [“Debtors’ prisons were ultimately abandoned because, despite their cruelty, they neither deterred the accumulation of new bad debts nor helped creditors get their money…](https://sms4smile.com/quotes/yanis-varoufakis/debtors-prisons-were-ultimately-abandoned-because-despite-their/) [Yanis Varoufakis](https://sms4smile.com/quotes/author/yanis-varoufakis/) > [“Like bad debts, write-off negative people from the accounts of your life.”](https://sms4smile.com/quotes/vikrmn-ca-vikram-verma/like-bad-debts-write-off-negative-people-from-the-accounts-of-your/) [Vikrmn: CA Vikram Verma](https://sms4smile.com/quotes/author/vikrmn-ca-vikram-verma/) > [“The transformation of my role at the bank began on February 7, 2007, when HSBC Holdings announced that its bad debts for the previous…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-transformation-of-my-role-at-the-bank-began-on-february-7-2007/) [Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/) > [In every animal that walks upright, the deficiency of the Fluids that fill the Muscles appears first in the highest Part: The Face first…](https://sms4smile.com/quotes/benjamin-franklin/in-every-animal-that-walks-upright-the-deficiency-of-the-fluids-that/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [The first step to improvement, whether mental, moral, or religious, is to know ourselves - our weakness, errors, deficiencies, and sins, that, by divine…](https://sms4smile.com/quotes/tryon-edwards/the-first-step-to-improvement-whether-mental-moral-or-religious-is-to/) [Tryon Edwards](https://sms4smile.com/quotes/author/tryon-edwards/) > [I'm trying to get at this. 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Accordingly...they became abominably wicked, and they were justly exterminated by the…](https://sms4smile.com/quotes/benjamin-franklin/before-noah-men-having-only-water-to-drink-could-not-find-the-truth/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Think of these things, whence you came, where you are going, and to whom you must account.](https://sms4smile.com/quotes/benjamin-franklin/think-of-these-things-whence-you-came-where-you-are-going-and-to-whom/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [“Give me 26 lead soldiers and I will conquer the world.”](https://sms4smile.com/quotes/benjamin-franklin/give-me-26-lead-soldiers-and-i-will-conquer-the-world/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Flowers are the alphabet of angels, whereby they write on the hills and fields mysterious truths.](https://sms4smile.com/quotes/benjamin-franklin/flowers-are-the-alphabet-of-angels-whereby-they-write-on-the-hills/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [In the affairs of this world, men are saved not by faith, but by the want of it.](https://sms4smile.com/quotes/benjamin-franklin/in-the-affairs-of-this-world-men-are-saved-not-by-faith-but-by-the/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [By heaven we understand a state of happiness infinite in degree, and endless in duration.](https://sms4smile.com/quotes/benjamin-franklin/by-heaven-we-understand-a-state-of-happiness-infinite-in-degree-and/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [I have thought that wild flowers might be the alphabet of angels, — whereby they write on hills and fields mysterious truths, which it…](https://sms4smile.com/quotes/benjamin-franklin/i-have-thought-that-wild-flowers-might-be-the-alphabet-of-angels/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [How do you become better tomorrow? By improving yourself, the world is made better. Be not afraid of growing too slowly. Be afraid of…](https://sms4smile.com/quotes/benjamin-franklin/how-do-you-become-better-tomorrow-by-improving-yourself-the-world-is/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Little leaks sink the ship.](https://sms4smile.com/quotes/benjamin-franklin/little-leaks-sink-the-ship/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Who is rich? He that is content. Who is that? Nobody.](https://sms4smile.com/quotes/benjamin-franklin/who-is-rich-he-that-is-content-who-is-that-nobody/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [“But on the whole, though I never arrived at the perfection I had been so ambitious of obtaining, but fell far short of it,…](https://sms4smile.com/quotes/benjamin-franklin/but-on-the-whole-though-i-never-arrived-at-the-perfection-i-had-been/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [The good particular men may do separately, in relieving the sick, is small, compared with what they may do collectively.](https://sms4smile.com/quotes/benjamin-franklin/the-good-particular-men-may-do-separately-in-relieving-the-sick-is/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Love your Neighbour; yet don't pull down your Hedge.](https://sms4smile.com/quotes/benjamin-franklin/love-your-neighbour-yet-don-t-pull-down-your-hedge/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Take counsel in wine, but resolve afterwards in water.](https://sms4smile.com/quotes/benjamin-franklin/take-counsel-in-wine-but-resolve-afterwards-in-water/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [He that's secure is not safe.](https://sms4smile.com/quotes/benjamin-franklin/he-that-s-secure-is-not-safe/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) [Explore all 1,692 Benjamin Franklin quotes ](https://sms4smile.com/quotes/author/benjamin-franklin/) ## More Cents quotes > [Popular culture as a whole is popular, but in today's fragmented market it's a jostle of competing unpopular popular cultures. 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Two people…](https://sms4smile.com/quotes/philip-french/the-pink-panther-wasn-t-shown-to-the-press-for-reasons-that-soon/) [Philip French](https://sms4smile.com/quotes/author/philip-french/) > [It cost about 75 cents to kill a man in Ceasar's time. The price rose to about $3,000 per man during the Napoleonic wars;…](https://sms4smile.com/quotes/homer-bone/it-cost-about-75-cents-to-kill-a-man-in-ceasar-s-time-the-price-rose/) [Homer Bone](https://sms4smile.com/quotes/author/homer-bone/) > [The Bell curve is a fact of life. 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