Finance Quote by Joanne Fluke
“The secret of high finance...if you really need a loan, you won't qualify. And if you don't need a loan, all the lenders will line up to give you money.”
About This Quote
Source Book: The Secret of High Finance, 2015
Financial institutions favor borrowers who appear financially strong, making credit harder for those in need and easier for those with surplus resources.
In simple terms: Banks prefer safe borrowers, leaving needy ones out.
Key Takeaway
Recognize how perceived financial health influences loan access.
Themes
finance
credit
inequality
Mood
cautious
analytical
Type
advisory
pragmatic
When to use this quote
- seeking a loan
- investing surplus
- business planning
Key Concepts
risk assessment
market dynamics
Questions to Reflect On
- How does perceived wealth affect your borrowing options?
- What strategies can reduce reliance on traditional lenders?
A Different Perspective
The rule may not apply to alternative financing like peer‑to‑peer lending.
