Sentences with phrase «loan in the first place lose»

But neither the African governmental officials nor the private foreign banks who made the decision to loan in the first place lose out, as European and North American governments step in to provide further financial assistance for African countries as they begin to lapse on loan repayments: «In effect, public money from the governments of industrialised countries -LSB-...] helped to bail out the private creditors» (p. 33).

Not exact matches

Managing college debt may be dependent on securing good terms in the first place, but the benefits of the original loans could be lost if the program is not right.