“Someone has described the modern American as a person who drives a bank financed car over a bond financed highway on credit card gas to open a charge account at a department store so he can fill his savings and loan financed home with installment purchased furniture. may this also be a description of many modern professed Christians? And may this not be one reason why modern Christians have so little time to pray? Importunity combined with perfect faith in unconquerable!” MayLittlesPersonsReasonHomeChristianPrayerPerfectModernCarPrayingAccountsCreditStoresCardsSavingReason WhyDepartmentGasDescriptionFurnitureHighwaysLoanSavingsCredit CardLittle TimeDepartment StoresUnconquerable Author:Paul Billheimer
“We can't exactly figure out why, but our customers have no fears of using their checking account, while credit cards are still a problem. I'm assuming checks have been around longer, and are more trusted, while credit cards have a sort of stigma attached to them.” Has BeensStillsProblemFiguresAccountsAssumingCreditCustomersChecksCardsTrustedNo FearCredit CardStigmaHave No FearChecking Accounts Author:Tim Stevens
“... in this impersonal world of the nine-digit zip code, credit cards, and numbered bank accounts, in this world of no marriage, late marriage, and remarriage, the operative word in office relationships is 'family.” WorldThis WorldOfficeLateAccountsCreditNineCardsCodeCredit CardBank AccountsZipsRemarriage Author:Lois Wyse
“This is the worst time to miss a bill. Pay down any large credit card or other large revolving accounts if you can, because high balances will hurt your credit rating. And avoid opening any other accounts before the loan you're pursuing is closed.” IfsHurtPayWorstMissingBalanceAccountsBillsCreditOpeningCardsLoanRatingCredit CardRevolvingWorst Times Author:Craig Watts
“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.” IfsRealHardBigsResultsMillionsRiskFieldsProductsHard WorkBrokenFineHigherCostPagesDirectAccountsFinancialCreditDebtCardsConsumersFixedPocketsComparisonPrintMore MoneyObscureStimulusMortgageCredit CardPlaying FieldsNational DebtFine PrintChecking Accounts Author:Elizabeth Warren
“If you want to spend more money in restaurants, use credit cards more than cash. If you want to spend less, use cash more than credit cards. But in general, we can think about how to use the pain of paying and how much of it do we want. And I think we have like a range. Credit cards have very little pain of paying, debit cards have a little bit more because you feel like today, at least it is coming out of your checking account, and cash has much more.” IfsThinkingWantFeelsLittlesUseTodayPainBitsLittle BitAccountsCreditCardsRangeRestaurantsComing OutCashMore MoneyCredit CardDebitDebit CardsChecking Accounts Author:Dan Ariely
“I trust online banking. You know why? Because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? The bank, not me.” IfsKnowsLossCompanyAccountsCreditCardsOnlineBankingCredit CardHacksBank Accounts Author:Kevin Mitnick
“If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.” IfsThinkingNeedsJobsPayCarMonthsLosingSickAccountsEightCreditDebtAccidentsSavedCardsFundRetirementMinimumProbabilityEmergenciesCredit CardCar AccidentCredit Card Debt Author:Suze Orman
“Once the settlement is completed, the credit card company will report it to the credit bureaus, which will then make a notation on your credit report that that account was paid by settlement. That's going to signal to future lenders that you left the last guy hanging. That's why, as with bankruptcy, debt settlement is an extreme option, one you shouldn't take lightly. It's not just an easy, cheap way to eliminate debt.” WayLastsGuyLeftEasyCompanyAccountsPaidExtremesCreditDebtCardsReportsSignalsCredit CardSettlementBankruptcyLendersDebt Settlement Author:Jean Chatzky
“Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.” PeopleIfsMadeInterestHurtChancePayCompanyBalanceLimitsToughAccountsRateCreditCardsScoreClosingPaymentCredit CardInterest RateTimelyGood Chance Author:Suze Orman