Kenneth Chenault 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.

I call up Amazon. It seems to me they do a major thing wrong, right. I mean, they protect me against the loss of a $50 liability I have of something on my credit card, but they do nothing to protect me against somebody who is watching to see what books I'm interested in, what new perversions I've developed.

We've seen more reform in the last year than we've seen in decades, and we haven't spent a dime yet. It's staggering how the Recovery Act is driving change.

If you decide you need a secured card, use it to charge small items every month, then pay the balance off in full. If your credit score improves, and the bank doesn't offer to upgrade your card within 12 to 18 months, give them a call. If they refuse, try another lender.

I use debit cards for everyday purchases, as I don't believe in credit cards. But this has caused problems, especially with American touring, because I refuse to have a credit card - and in America you can't pay for anything on a debit card.

You don't realize how much you use your credit card not even to buy things. It's a card you get so you can navigate society.

Banks introduced the installment plan. The disappearance of cash and the coming of the credit card changed the shape of life in the United States.

When you're 23, 24 years old and somebody's given you a credit card and jets and limos and you don't have to pay the bill when it comes in - that's a pretty nice deal.

I haven't reported my missing credit card to the police because whoever stole it is spending less than my wife.

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

I get heartfelt thanks from all kinds of people. Today I heard from a waitress in Georgia who has lost her job and is trying to figure out how her local bank can change the terms on her credit card, and I heard from a physicist at a major research university who wants to explain a better theory of financial stress tests.

Credit card agreements run as long as 30 pages, and it's 30 pages of largely incomprehensible text.

Consumers get used to reading and understanding their credit card contracts, their mortgages, their check overdraft agreements, those are good things. That puts power back in the hands of consumers.

Why don't we call on the credit card companies to be accountable? They need to be held accountable for their predatory lending practices.

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

Credit card companies and banks usually aren't shy when they're trying to sell you something. Heck, Wells Fargo didn't even bother to ask consumers before signing them up for as many as two million checking and credit card accounts.

We need a president who will stand up for the CFPB and get it back into fighting shape. It is too important to be allowed to disintegrate.

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

It is time to do away with work place policies that belong in a Mad Men episode.

Face the fact that there's only one sure-fire way to erase credit card debt. By picking up a big, shiny pair of scissors and cutting your wife in half.

The challenges presented by our budget crisis are some of the most difficult we have ever faced. We are - very simply put -adjusting to reality. These times, and our citizens, demand change.

DS not only changes Nintendo, it changes our industry.

There are a lot of examples where people aren't getting the right information. We could do a lot more with credit card bills so people properly understand that if you pay off the minimum it could take you 41 years to pay off is that right.

What we tried to do in 13th was get to the bottom of that. What were they motivated by? But certainly the attention that the Attorney General's office paid to it allowed for there to be some dialogue across the aisle that I think were the first steps then in change.

People are tired of the status quo. You see that in various movements in and out of our the Republicans party, but most candidates are offering hollow rhetoric, not specific solutions.