A Quote by Hill Harper

Credit card interest payments are the dumbest money of all.

Hill Harper

Quote Topics

Best Money Card Credit Credit Card Dumbest Interest Money Payments

Quote Author

Hill Harper
American - Actor
Born: May 17, 1966

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.

Suze Orman

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

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 can use my credit card to send money to the Ku Klux Klan, to antiabortion fanatics, or to anti-homosexual bigots, but I can't use it to send money to WikiLeaks. The New York Times published the same documents. Should we tell Visa and MasterCard to stop payments to the Times?

Jeff Jarvis

Nobody had a credit card when I was a kid. No one had credit card debt. But these big companies and banks wanted to know how to get more money out of people - get them charging things.

Michael Moore

I don't use a debit card. The safest thing is a credit card because you're using the bank's money. If someone accesses your information, they are stealing the bank's money, not yours.

Frank Abagnale

As a small business owner, I've had to find ways to keep costs as low as possible while still providing customers with the ability to use their credit cards for payments. Many credit card processing companies are so expensive when it comes to fees that it started to feel like a losing proposition to offer this payment option.

John Rampton

I try to use my debit card rather than a credit card, but I will use a credit card for big purchases because I bank with Coutts and I get points.

Sean Pertwee

While the traditional banks and credit card companies lock down access to their payments infrastructure to a handful of trusted parties, Bitcoin is open to all.

Naval Ravikant

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.

T. Harv Eker

But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.

Suze Orman

I kept auditioning, with no savings and no money, credit card debt gaining interest. I went on unemployment. I bought ramen noodles at dollar stores. I never had to - God forbid - live on the streets.

Chrissy Metz

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.

Richard Thaler

Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.

Suze Orman

You don't build wealth with credit card rewards and airline miles. You can't beat the credit card companies at their own game.

Dave Ramsey

If you're in poverty and all you have is a debit card or a prepaid card or you pay in cash, it does not report to a credit bureau. If it doesn't report to a credit bureau, it cannot create a credit score for yourself.

Suze Orman

A Quote by Hill Harper

Quote Topics

Quote Author

Related Quotes

Related Authors