Richard Thaler Quotes

Credit card companies pay college students generously to stand outside dining halls, dorms, and academic buildings and encourage their fellow students to apply for credit cards.

Remember that credit is money.

I very rarely use a credit card, but I do if I know I have big bills coming and I need to stagger payment.

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

If you default on your Visa bill, nobody comes to repossess your refrigerator or auction off your shoes. The biggest penalty you'll face is trouble getting future credit.

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.

You don't need credit.

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.

You have two pages, that's the whole credit card agreement. The terms are clear and flat and easy to see so anyone can read them. So you could lay four credit cards in front of you and say, 'Oh, that's the one that has the highest rate, that's the one that has the really scary provision that could hurt me.'

What this country needs is a credit card for charging things to experience.

A man needs credit. Especially when he has no money.

'Credit' is another word for trustworthiness.

Credit comes with success, and I need to have a lot more of it. In due time - I'm not rushing.

Credit is probably more acceptable in American culture than elsewhere.

Sales is this cure all for this problem. Get people to give you their credit card and I guarantee you they're actually interested.

A credit card is a convenient device that saves you the trouble of counting your change.

Under the old system - which is now so archaic that a lot of people can't remember it - if you wanted money you had to go to the bank and take the money out in cash form, and you couldn't take out money that you didn't have. But with the credit card you can spend money you don't have, and that is just so tempting.

My credit card company says I have an outstanding balance. I'm flattered.

I don't like credit cards. Let me triple underline that.

Why can't everything be as easy as walking into H&M and putting a week's worth of clothes on a credit card?

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.

Take the cards out of your wallet. A debit card is accepted just about everywhere that credit cards are, and you'll be spending money you have - always a good thing.

I can't even get a credit card without three credit bureaus saying I'm good enough.

You can pretty much trace when the big individual indebtedness kicked in, and it was when the credit card became generally available.

An erection at will is the moral equivalent of a valid credit card.