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What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations.
George Bush taking credit for the wall coming down is like the rooster taking credit for the sun rising.
Early versions of Microsoft Word left a lot to be desired. However, to the company's credit, it quickly learned where Word fell short, made the necessary changes, and repeatedly introduced new versions of the software.
Credit card interest payments are the dumbest money of all.
Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs.
Sometimes entire categories of craigslist are rendered nearly unusable by spam. Con artists prowl the listings, paying sellers with fake cashier's checks and luring buyers to share their credit card numbers.
There are as many attitudes to cooking as there are people cooking, of course, but I do think that cooking guys tend - I am a guilty party here - to take, or get, undue credit for domestic virtue, when in truth cooking is the most painless and, in its ways, ostentatious of the domestic chores.
Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a more sustainable home purchase at some later point.
I have actually been very fortunate to be able to make films on my own credit card without having huge funders behind me dictating how the story should be told.
Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after.
I haven't reported my missing credit card to the police because whoever stole it is spending less than my wife.
Life was a lot simpler when what we honored was father and mother rather than all major credit cards.
If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.
I know people think we drive around in these nice cars and we do whatever we want and our parents will pay our credit cards, but that's not the case. Sure, my parents were generous; I got a nice car at 16, but at 18 I was cut off. I've worked really hard. I opened the store myself.
You can take no credit for beauty at sixteen. But if you are beautiful at sixty, it will be your soul's own doing.
When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.
No man's credit is as good as his money.
Credit is an 'I love debt' score.
I have noticed... that men usually leave married women alone and are inclined to treat all wives with respect. This is no great credit to married women.
The duty of government is to leave commerce to its own capital and credit as well as all other branches of business, protecting all in their legal pursuits, granting exclusive privileges to none.
The human wish to credit good things as miraculous and to charge bad things to another account is apparently universal.
It's like, hmm, there's people with $2000 weaves that could have bought health care with that weave money. They don't have insurance. People want what they want. And I guess that is a reason we have this big credit card problem and a lot of these foreclosures.
Yes, your kids should go to school. No, you shouldn't bankroll their degree whatever the cost. You've spent your life creating a sound financial plan; don't upend it by suspending your retirement savings or taking out a home equity line of credit to pay for a pricey college.
At the very least we should be given a bit of credit and a little bit of space, and maybe the media should think we could help them discover why English teams do not win European competitions.
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.
Martin Luther King, Jr.
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