Jonathan Raymond Quotes

Credit card interest payments are the dumbest money of all.

People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like these people who can't or won't pay their bills are the dregs of society.

It’s going to put people into indentured servitude to the credit card companies.

A man in debt is so far a slave.

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

The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.

We need to stop the vicious cycle of debt that is strangling us.

Profiting from student loans is usury, and we just can't continue to allow it.

Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after.

All but a very few of us are in debt. We exist as entities who borrow money and spend the rest of our lives making interest payments on a debt tally that never seems to budge. Whatever wealth we have, in labor, property or cash, is suctioned to the top.

Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.

We all know of families who have obligated themselves for more than they could pay. There is a world of heartache behind such cases.

Credit cards are like snakes: Handle 'em long enough, and one will bite you.

Families rely on financial services more than ever, but those who need them most - who struggle to make ends meet - too often must contend with sky-high interest rates and tricks and traps buried in the fine print of their loan products.

Other People’s Money and How the Bankers Use It

Debt is the prolific mother of folly and of crime; it taints the course of life in all its dreams.

While payday loans are often the only source of credit for low-income Americans, these lenders are notorious for predatory practices that cause borrowers to fall deeper into debt.

When you have a debt that's strangling you, you're not growing.

I was absolutely astonished and could not believe my eyes at the outrageous interest rates that people in need have to pay to get loans.

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.

Debt is a trap which man sets and baits himself, and then deliberately gets into.

Debt has become a part of who we are.

Just like credit card companies, or those student loan people. Now there's evil for you.

Debt is like any other trap, easy enough to get into, but hard enough to get out of.

There was a time (not so long ago historically) when people were put in jail for owing money. Now we not only don’t punish them, but we make it easier and easier for them to slide out of their old debts, and start getting into new ones.