Credit Card Interest Quotes

Citigroup, Bank of America, and JP Morgan Chase should not be permitted to charge consumers 25- to 30-percent interest on their credit cards, especially while these banks received over $4 trillion in loans from the Federal Reserve.

Credit is an 'I love debt' score.

Former Senator Al D'Amato in 1991 offered an amendment to cap credit card interest rates at 14 percent.

'Credit' is another word for trustworthiness.

Typically, students slide into debt through the extension (by credit card companies) of unaffordable credit lines.

I'm the worst customer for a credit card company because I always pay my balance off every month.

Millions of Americans have bad credit because of mistakes from credit agencies, and it can ruin lives, stopping people from getting a job or owning a home or car.

I use a credit card for everything - and I choose one of the ones which gives you money back.

Credit is probably more acceptable in American culture than elsewhere.

Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation.

Credit cards are the WORST investment that you can make.

If you don't have the money management skills yet, using a debit card will ensure you don't overspend and rack up debt on a credit card.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

Everyone can get a little sloppy with cash and it's smart to notice. But what's squeezing you is the big stuff you ladle onto your credit cards.

No one lives on credit in France because banks don't allow overdrafts and zero percent credit cards do not exist.

My eye muscles hurt now when I read our MasterCard bill.

Your FICO score is an "I love debt" score. You're going to pay a bazillion dollars in interest to keep your FICO score up in order to have lower homeowner's and car insurance rates.

You want 21 percent risk free? Pay off your credit cards.

Banks introduced the installment plan. The disappearance of cash and the coming of the credit card changed the shape of life in the United States.

Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.

If you decide you need a secured card, use it to charge small items every month, then pay the balance off in full. If your credit score improves, and the bank doesn't offer to upgrade your card within 12 to 18 months, give them a call. If they refuse, try another lender.

You don't realize how much you use your credit card not even to buy things. It's a card you get so you can navigate society.

It's not surprising so many people end up with credit-card debts. Saving for your retirement and buying a house are difficult things, and we don't educate people about them at all.

Credit cards have been extremely profitable to banks. They're profitable not from the fees they collect from the retailers that use the credit cards, that pays the bills, but the real profits come from the interest payments and the charges to users that are unexpected.

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.