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"We are told a lot of it goes into the local credit union and that we can apply for loans there, but they only lend to people with good connections".
They only lend money to people who they determine can pay it back.
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They were relying on deposits, so they had a stake in your success as a community, and they could only lend out within a 50-mile radius of their bank headquarters.
Or if you did, they would only lend you about 80% of what you wanted at the mortgage rate (remember, double digits) and the other 20% would be a "cocktail" loan with a personal loan type interest rate.
Many Cuban-Americans argued bitterly against the pilgrimages, which they said would only lend support and credibility to Mr. Castro.
The Norwegian club stressed at the time they were only "lending" Solskjaer to United, indicating they expected him to return.
And while the banks have surely made a royal mess of things, I'm pretty sure even they aren't capable of losing $3.6 trillion when they've only lent $1 trillion.
So they hoard cash and only lend to each other if the borrowing bank pays enough to justify the risk.
He said that to be effective the guarantee scheme would need to allow lenders to fund their mortgages as if they were only lending smaller amounts.
The Norwegian club, whose season had finished, said Solskjaer agreed a new three-year deal with them in December and they were only "lending" their manager to United.
'We only lend to each other,' he said, referring to other state-controlled banks and enterprises.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com