Credit Management Quotes

A banker is somebody who lends you an umbrella & takes it away as soon as it starts raining.

I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people

I'm careful with money.

There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.

The most trifling actions that affect a man's credit are to be regarded. The sound of your hammer at five in the morning, or at nine at night, heard by a creditor, makes him easy six months longer; but if he sees you at the billiard-table, or hears your voice at a tavern, when you should be at work, he sends for his money the next day.

Credit is an 'I love debt' score.

Whatever you lend let it be your money, and not your name. Money you may get again, and, if not, you may contrive to do without it; name once lost you cannot get again.

I want parents to teach that academic intelligence is essential, but so is financial intelligence.

Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.

If you have a choice between buying something and paying down your credit card, pay down your credit card.

A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.

When you grow up in America today, most schools don't teach you about money and investing. You could literally take a class in woodshop or auto in high school and not take a class on money.

Great spenders are bad lenders.

The man who avoids debt doesn't have to worry about avoiding his creditors.

Get out of debt. In a world of stagnant incomes and rising core expenses like mortgage and health care costs, that's a lot easier said than done. The middle class is under enormous pressure. But families can stop the bleeding by reducing their reliance on debt wherever they can. They can also start fighting back by taking a hard look at whom they do business with and rethinking whether they want tricks-and-traps banks to hold their money. They can also demand that public officials take the side of families over the side of banks.

Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not know how to use credit effectively, tackle debt or make wise decisions when it comes to spending.

It is a wise rule and should be fundamental in a government disposed to cherish its credit, and at the same time to restrain the use of it within the limits of its faculties, "never to borrow a dollar without laying a tax in the same instant for paying the interest annually, and the principal within a given term; and to consider that tax as pledged to the creditors on the public faith."

It's time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. 'Freedom from Bad Debt' can get you started.

Debt is not caused by spending, it is caused by buying things that you don't pay for. Or, it's caused by cutting revenues that you don't offset ... by cuts in spending.

Trust me, I know, you can make mistakes with money and still raise money-smart kids. You can start a new family tradition of handling money the right way.

If you put a purchase on a charge card, you're paying it off forever. You have to know how to pay it off before you go deeply in debt.

High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.

If you want to do well in life financially, then you have to start with dollars and cents. Those are details. So every penny means something. People who are successful tend to take care of those little things very well. And then they also accumulate credit, resources and do whatever it is that you need in life - that's a preparation for success.

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

Understanding money is part of being independent. You can't be self-sufficient if you're relying on someone else.