Elizabeth Warren Quotes About Credit Cards

Quotes about: Credit Cards

• I don't like credit cards. They make overspending very easy. They can make life a lot more complex and stressful.

  Elizabeth Warren

  Cards, Credit, Easy

  Source: www.bethkobliner.com

• You have two pages, that's the whole credit card agreement. The terms are clear and flat and easy to see so anyone can read them. So you could lay four credit cards in front of you and say, 'Oh, that's the one that has the highest rate, that's the one that has the really scary provision that could hurt me.'

  Elizabeth Warren

  Hurt, Agreement, Two

• Big banks churn out page after page of incomprehensible fine print to obscure the cost and risks of checking accounts, credit cards, mortgages and other financial products. The result is that consumers can't make direct product comparisons, markets aren't competitive, and costs are higher. If the playing field is leveled and the broken market fixed, a lot more money will stay in the pockets of millions of hard-working families. That's real stimulus - money to families, without increasing our national debt.

  Elizabeth Warren

  Real, Hard Work, Broken

  "Exclusive Interview: Elizabeth Warren Says Big Banks Must Stop Blocking Reform". Interview with Lynn Parramore, www.huffingtonpost.com. July 12, 2012.

• The credit card companies have put the loan sharks out of business.

  Elizabeth Warren

  Sharks, Cards, Credit

  "Debt: The next big American crisis?". "The Hansen Files", www.nbcnews.com. March 27, 2009.

• If you have a choice between buying something and paying down your credit card, pay down your credit card.

  Elizabeth Warren

  Choices, Buying Something, Cards

  Source: www.bethkobliner.com

• 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.

  Elizabeth Warren

  Agreement, Shopping, Two

  Source: www.bethkobliner.com

• Good for Warren Buffett that he can afford to do that! Some people, sometimes, need to finance a purchase or rent a car, and a credit card becomes a necessity.

  Elizabeth Warren

  People, Car, Needs

  Source: www.bethkobliner.com

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

  Elizabeth Warren

  Cards, Credit, Credit Card

  Source: www.bethkobliner.com

• 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.

  Elizabeth Warren

  Jobs, Stress, People

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

  Elizabeth Warren

  Snakes, Long, Cards

• My advice is to treat [credit cards] like what they are: little plastic grenades that must be handled very carefully.

  Elizabeth Warren

  Advice, Cards, Credit

  Source: www.bethkobliner.com

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