Joseph B. Wirthlin Quotes

Going on loan really benefits you.

The world does not need another credit card.

Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.

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

Students graduating with high debt encounter difficulties in qualifying for home and automobile loans.

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

The farmer may often have suffered from excessive interest and grasping creditors; but it was no less frequently the avarice of the lender that got him into trouble than the fact that he was too sanguine and too prone to believe that he could safely go into debt, on the assumption that crops and prices in the future would equal those in the present.

You do not want to get your debt ratio out of whack.

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.

Don't take risk, and don't get into debt.

I lost my computer business when I was 29 because I gave credit to firms I didn't investigate. I lost my house and had to move back in with my parents and then I lived in an office for six months.

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

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 is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.

Debt is a mistake between lender and borrower, and both should suffer.

Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.

We are mortgaging our future.

Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.

Private student loans should be avoided at all costs.

Creditors have better memories than debtors.

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

I am not that good a manager for me to be comfortable borrowing someone else's money.

Television's escapist programming naturally continues to endorse living beyond one's means as the time-tested American Way and rarely depicts families or individuals wracked by the pressures and miseries that come with excess.

Nine of 10 whites in Chicago borrow from top-drawer banks and mortgage companies, which the industry calls prime lenders. They lend to people with A credit ratings, making loans at competitive rates.

If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.