Quotes & Sayings About Debt And Credit Cards

If rather than setting the minimum balance as the lowest possible amount, so we keep people in debt for as long as possible, we raise the minimum payment and encourage people to pay off their credit cards, we're going to make less money, but we're going to have costumers that are more solvent. — Richard Thaler

God's dream is that you have an abundance, that you be totally out of debt, pay your house off, pay your credit cards off, and have so much overflow that you can be a blessing to everyone around you! — Joel Osteen

I snicker at my joke. Dude, if ya can't crack yourself up, ain't never gonna crack anybody else up. — Karen Marie Moning

I went to a regular school, not one of those fame academy things. — Alyson Hannigan

The German Luftwaffe always fought without any reserves. This is also the reason why we have pilots with extremely high numbers of victories. — Adolf Galland

There are lots of families who - who make irresponsible purchases. There are also a lot of families who have debt on credit cards because they use those credit cards to pay for medical bills. — Elizabeth Warren

Denzel's quality, I think, is his faith. You have all the action in your head and you have to believe in it and just do it. That's what he does and that's what he taught me to do. — Derek Luke

Here is an equation worth remembering: Five dollars earned minus seven dollars spent = Unhappy Life." (Life Hacks, p.51) — Jon Morrison

Big banks churn out page after page of incomprehensible fine print to obscure the cost and risks of checking accounts, credit cards, mortgages and other financial products. The result is that consumers can't make direct product comparisons, markets aren't competitive, and costs are higher. If the playing field is leveled and the broken market fixed, a lot more money will stay in the pockets of millions of hard-working families. That's real stimulus - money to families, without increasing our national debt. — Elizabeth Warren

Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy. — Frances O'Grady

If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt. — Suze Orman

What this means is that the entire business model for something like Chase's credit card business is not much more than a gigantic welfare fraud scheme. These companies borrow hundreds of billions of dollars from the Fed at rock-bottom rates, then turn around and lend it out to the world at 5, 10, 15, 20 percent, as credit cards and mortgages, boat loans and aircraft loans, and so on. If you pay it back, great, it's a 500 percent or 1,000 percent or 4,000 percent profit for the bank. If you don't pay it back, the company can put your name in the hopper to be sued. A $5,000 debt on a credit card for the now-defunct Circuit City, which was actually a Chase card, became a $13,000 or $14,000 debt by the time the bank finished applying fees and penalties. Just like a welfare application, you have to read the fine print. "They make more on lawsuits than they make on credit interest," says Linda. — Matt Taibbi

If you fail to pay your minimums for any debt on time, your credit score will take a major hit and you run the risk of seeing the interest rate on all of your cards go up. An easy way to remind yourself to pay, is to sign up to receive your statements via e-mail. — Alexa Von Tobel

Once you get into debt, it's hell to get out. Don't let credit card debt carry over. You can't get ahead paying eighteen percent. — Charlie Munger

Stupid to keep cash, there was no reason for it other than his dislike of credit cards and checks and stocks and instruments of transfer, all the tempting chains that tied people to America's overwhelming and ultimately destructive debt-and-spend machine. But the cash might be his salvation. Cash could be replaced. The notebooks, over a hundred and fifty of them, could not. — Stephen King

Rose Hathaway: "Hey Mason, wipe the drool off your face. If you're going to think about me naked, do it on your own time."
Mason Ashford: "This is my time, Hathaway. I'm leading today's session."
Rose Hathaway: "Oh yeah? Huh. Well, I guess this is a good time to think about me naked, then."
Eddie Castile: "It's always a good a time to think about you naked. — Richelle Mead

I didn't know how to seal a promise with a dead person. — Carol Rifka Brunt

It left a feeling of something not done. — Robert Jordan

The more one suffers, the more, I believe, has one a sense for the comic. It is only by the deepest suffering that one acquires true authority in the use of the comic, an authority which by one word transforms as by magic the reasonable creature one calls man into a caricature. — Soren Kierkegaard

He was talking about hire purchase. precredit cards. A different way of getting the poor into debt, but I think he was right. It was nice when ordinary people could take a holiday in Spain, of course, but easy credit is what started the cultural rot. Tourism depends on lots of people everywhere with loads of disposable wealth, which means all kinds of changes through a place a cultivates it. The real, messy, informative past disappears to be overlaid with bad fiction, with simplified folklore, easy answers. Memory needs to remain complex, debatable. Without those qualities it is mere nostalgic sentimentality. Commodified identity. Souls bough and sold. — Michael Moorcock

So, what can I bring you back from Autumn's?" "Declan. — Eden Butler

He economy favors throughput over quality and craftsmanship, and economists are terrified because the American savings rate has crept upward from about zero to almost five percent. But the mortgage crisis and the burgeoning credit card crisis are causing Americans to become wary of irresponsible debt. — Denis Hayes

I'm here," she said, skidding to a stop. "Can we go now?"
Sebastian insisted on helping her on with the coat. "I don't think anyone's ever helped me with my coat before," Clary observed, freeing the hair that had gotten trapped under her collar. "Well, maybe waiters. Were you ever a waiter?"
"No, but I was brought up by a Frenchwoman," Sebastian reminded her. "It involves an even more rigorous course of training. — Cassandra Clare

Number 198 was wonderful too. Blake had watched a good-looking and ridiculously pretentious guy hit on Livia. The fancy man dropped expensive name after name as he showed her all his accessories. When he finally pulled out his wallet to show her a "highly desirable luxury credit card" Livia had rolled her eyes in Blake's direction with smile number 198. He'd had to swallow a snicker when he heard her tell the fancy man she was debt free and didn't even have credit cards.
Blake knew that was a lie because he'd seen her pay for tickets with a card at the train station. That made number 198 a secret joke between just the two of them. — Debra Anastasia

I would only have been too pleased if someone had asked me for my data. If you really believed in your data, you wouldn't mind someone looking at it. You should be able to respond that if you don't believe me go out and do the measurements yourself. — James Lovelock

Average household credit card debt topped the landmark of $10,000 in 2006, a hundredfold increase over the average consumer debt in the 1960s. One consequence: Much of the material buried in landfills in recent years was bought with those same credit cards, leading to the quintessentially American practice of consumers continuing to pay, sometimes for years, for purchases after they become trash. — Edward Humes

I think in the lifetime of a tennis player there are many times where you feel that tremendous confidence. — Gabriela Sabatini

Today, people are having to spend so much of their money, to acquire a house and to get an education that they don't have enough to spend on goods and services, except by running into yet more debt on their credit cards and other borrowings. — Michael Hudson

I'm prepared to do battle for a dream that is worth dreaming. — Tim Ferriss

Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down. — Suze Orman

I'm not a fan of debt consolidation. In my experience, many people "clear" credit cards and other debt to get the one payment and never change what they need to change to prevent getting into debt again. — Michelle Singletary

God sent the Egyptians ten plagues that became increasingly harder, one after the other, starting with blood, and ending with the death of the first born. Similarly, debt sometimes starts with charging just a couple of extra dollars to our credit cards when we want something we can't afford to pay cash for. Before long, it might turn into a second mortgage on our house. Debt can kill our future and take our house with it. — Celso Cukierkorn

Call me old-fashioned, but I wanted to be persued, not the persuer. — Kristi Cook