Quotes About Credit

One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.

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.

Again, I want to give credit where credit is due to our voice director, Collette Sunderman, who is someone that works out an incredible juggling act. I refer to it as juggling cats with vertigo, and the cats don't have vertigo, but the juggler has vertigo.

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

Lead, don't drive. And give credit. Don't blame. If an officer on your team suggested something and it worked well, give them credit. If it doesn't work well, you take the blame because you made the decision.

Give credit to whom credit due.

You have to give credit where credit is due.

The Word says God don't give us credit for lovin the folks we want to love anyway. No, He gives us credit for loving the unlovable.

If you get a flow of credit increasing, as we've seen in the last few years - that flow of credit didn't go to more wealth accumulation as we normally use the term in economics, as capital goods. What you got is an increase in bubbles of one kind or another.

You can't take credit for talent; you can only take credit for using it.

I've watched politics for years. Republicans rarely get credit for the good things that happen in the economy during their watch. Democrats always get more credit than they deserve. They are just better at political discourse that we are.

Nothing appeals to children more than justice, and they should be taught in the nursery to "play fair" in games, to respect each other's property and rights, to give credit to others, and not to take too much credit to themselves.

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

Perhaps you are thinking: 'But a tank costs several million dollars, not including floor mats. I don't have that kind of money.' Don't be silly. You're a consumer, right? You have credit cards, right? Perhaps you are thinking: 'Yes, but how am I going to pay the credit-card company?' Don't be silly. You have a tank, right?

For small community banks and credit unions, like those in Central and Northern Wisconsin, the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance. Those are hours that your local bank or credit union will spend dealing with some Washington bureaucrat instead of focusing on the needs of customers like you.

It's critical to level the playing field, to make prices and risks clear up front, so when someone signs on for a student loan or a mortgage or a credit card, they know the tricks and traps hidden in the fine print. That's why the Consumer Financial Protection Bureau has been working on a new financial aid shopping sheet. A shorter, two-page credit card agreement, a simpler mortgage disclosure form. All those are aimed toward helping people understand the basic bargain.

I actually credit Twitter with fine-tuning some joke-writing skills. I still feel like I'm working at it.

You must not on any account give me credit for being penetrating. I have impressed people that way before, and the result is always disaster.

To act the part of a true friend requires more conscientious feeling than to fill with credit and complacency any other station or capacity in social life.

How nice -- to feel nothing, and still get full credit for being alive.

Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.

The daily writing practice is something I used to hear batted around a lot in writing workshops - which is probably why I dropped out of all the writing workshops. I wish I could take credit for innovating a new approach to writing, but the truth is that I've managed to write books despite myself. I'm lazy and ungovernable and undisciplined, but I do have a lot of anxiety about never amounting to anything and ending up as a bag lady.

In love, as in finance, only the rich can get credit.

Jonah spoke what everyone was thinking. "Wouldn't it be Twilight Zone if the door was open, too?" Hamilton tried the knob. It didn't budge. Ian stepped forward and examined the lock. "Natalie's diary has better security than this." He produced a credit card and slipped it between the latch and the jamb. There was a click, and the door swung wide.

If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth.

If my acceptance of the office of Governor would serve my country, though my administration would be attended with the loss of personal credit and reputation, I would cheerfully undertake it.

The whole economy would be much healthier if it would transition to an asset-based economy rather than a credit-based one.

Ebay was involved and gave up 150 million passwords. Target was attacked and gave up 40 million credit card numbers. Attacks like these are happening on a regular basis, both in the United States and around the world and the costs in terms of privacy or security in our financial sector are truly extraordinary.

I was feeling very irritable. It was that difficult time of the month when the credit card statement arrives.

The fact that the theatregoing public likes my music is no credit to me. There are many other composers who write better music that the public doesn't like.

I don't shop online. I'm always scared to put my credit card on the Internet!

We have now learned that rashness and imprudence will not be deterred from taking credit; let us try whether fraud and avarice may be more easily restrained from giving it.

The working class of England take their deracination completely for granted. Disenchantment is the happy code that informs every byway of the underclass: service jobs, celebrity dreams, Lotto wins, leisured poverty on pre-crunch credit cards, it's all there, part of the story of an English people whose grandparents never had it so good.

Gourmet: Usually little more than a glutton festooned with credit cards.

What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives.

Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.

Britney's a really cool girl, We were really close back when we were on the Mickey Mouse Club, and even watching her in interviews I find myself missing her lately. I'm really proud of her, how far she's come and what she's been able to accomplish. And to keep it together: It's so crazy out on the road. I gotta give her credit for not just going berserk and letting everybody get to her. I just passed on my number to her through somebody. It's good to have friends in the business who know what you're going through.

I didn't want to try and borrow kudos from Indonesian culture. I was trying to get a fresh perspective on these instruments. I'm not doing a Paul Simon Gracelands and stealing all this African music and not give anyone any credit.

People in Parliament occupy themselves with private animosities and petty quarrels, and think little of the national interest. It is impossible to credit the serene indifference with which they consider events outside their own country.

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

I love the military. They don’t get nearly enough credit for all the hard work they do to protect us, keep us in a safe place so we can enjoy ourselves every day.

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

If you've ever made up something on the spot and made somebody laugh, you can credit Jonathan Winters with inspiration.

If, with the literate, I am Impelled to try an epigram, I never seek to take the credit; We all assume that Oscar said it.

The whole community of people with disabilities was alive, politically alive. I give Justin Dart credit for that. He traveled to every state in the country. He really made people with disabilities understand that they had some political power.

Banks and other providers of credit to households have been competing vigorously to expand or protect their market share. In the process, lending standards have been progressively eroded so that lenders are now engaging in practices that would have been regarded as out of the question five or ten years ago.

The common notions that we find in credit around us and infused into our souls by our fathers' seed, these seem to be the universal and natural ones. Whence it comes to pass that what is off the hinges of custom, people believe to be off the hinges of reason.

Silence is one great art of conversation. He is not a fool who knows when to hold his tongue; and a person may gain credit for sense, eloquence, wit, who merely says nothing to lessen the opinion which others have of these qualities in themselves.