Jonathan Raymond Quotes

Can't make your payments? No problem. The interest charges keep on coming. In fact, banks prefer it that way. More money for them. The government guarantees it.

When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.

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.

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.

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

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

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.

The build-up of personal and collective debt in America and Europe should have sent warning signals to anyone familiar with the biblical institutions of the Sabbatical and Jubilee years, created specifically because of the danger of people being trapped by debt.

Kill the Rent Hog and the Interest Hog.

Debt has become a part of who we are… Normal is broke in America.

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.

Too often, borrowers who need quick cash end up trapped in loans they can't afford.

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

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

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 to man what the serpent is to the bird; its eye fascinates, its breath poisons, its coil crushes sinew and bone, its jaw is the pitiless grave.

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

The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil.

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

I'm not broke. Like everybody else, I owe money.

We all think we're going to get out of debt.

Credit card interest payments are the dumbest money of all.

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

We have discharged one generation of debtors after another, but we do not find that their numbers lessen. We find only that we forget, when times are good, that times were ever bad.