Robert Manning 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.

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

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.

Credit card interest payments are the dumbest money of all.

Your FICO score is an "I love debt" score. You're going to pay a bazillion dollars in interest to keep your FICO score up in order to have lower homeowner's and car insurance rates.

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.

If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.

A man in debt is so far a slave.

Anybody who has ever been in business, anybody who has ever paid bills, anybody who has ever lived in a serious adult life knows that indebtedness is a killer.

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

Make this the year you tackle that credit card debt once and for all.

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.

Private student loans should be avoided at all costs.

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.

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.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

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

The only thing wrong with student loans is that you have to pay them back.

The loans I took out for my undergraduate degree were manageable. But my legal education was more expensive, and I paid for it almost entirely through public and private loans.

Remember this: debt is a form of bondage. It is a financial termite.

Credit is probably more acceptable in American culture than elsewhere.

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

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

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

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