Donald Trump Has 'No Intention' of Paying Himself Back for Campaign Loans

The real estate mogul says he has loaned his campaign nearly $50 million.

"I have absolutely no intention of paying myself back for the nearly $50 million I have loaned to the campaign,” Trump said in a statement this afternoon.

“This money is a contribution made in order to Make America Great Again.”

Trump has said from the beginning of his campaign that he would self-fund it and would not accept or seek out contributions. Since defeating his GOP rivals, however, Trump has said he will fundraise in order to build a war chest to take on the Democratic nominee.

He has touted his "self-funding" on the stump for the past 11 months.

In a video his campaign posted previously to Facebook, Trump said spending his own money will keep him from becoming indebted to special interests. "It's something I don't know that I'm given proper credit for, but you know what, I feel better about it because nobody has me,” he says. “I'm working for you."

In recent weeks, Trump's campaign has built a finance team with well-known Republican fundraisers. Sources within the Trump campaign expect he will begin fundraising events within the next few weeks.