“It has always been more expensive for the poor to borrow money. We see this in everything from mortgage rates to credit cards.”

Share & Save

Meaning

This reads as a comment on inequality built into ordinary finance, where money costs more precisely for the people who have the least of it. It points to a system that charges vulnerability for risk, and can land sharply for anyone comparing offers for loans, mortgages, or cards and finding the same pattern repeated.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

Not documented yet.

Did You Know?

Not documented yet.

About John Niven

Scottish autobiographer, novelist, playwright and screenwriter

John Niven is a Scottish autobiographer, novelist, playwright and screenwriter. He is known for fiction and writing for the stage and screen. His books include Kill Your Friends, The Amateurs, The Second Coming and O Brother. Across his work, he has built a reputation as a sharp, unsparing storyteller who moves between autobiography, novels and drama.

More from John Niven (86 quotes) →