Suze Orman Credit Quotations
Suze Orman Quotes about:
Credit Quotes from:
- All Credit Quotes
- Suze Orman
- Tom Izzo
- Travis Plunkett
- Alan Greenspan
- Jean Chatzky
- Leonard Hamilton
- Stephen Brobeck
- Alexander Hamilton
- Brian Durocher
- Brian Hill
- Ludwig Von Mises
- Al Groh
- Beth Givens
- Ed Mierzwinski
- Francois De La Rochefoucauld
- Fritz Elmendorf
- Jay Wright
- Jim Calhoun
- Keith Gumbinger
- Mark Richt
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Collection Quotes
I generally encourage people to make good on debts when they have enough money to repay them. But once a delinquency has been reported to a collection agency, paying it off won't help your FICO score. The damage has already been done, and the blemish will remain on your credit report for seven years.
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Cards Quotes
If your company matches your 401(k) contribution, then no matter what, contribute to your 401(k) first. You put in a dollar, they put in 50 cents. It's an automatic 50 percent return on your money. You can't pass that up. I'd rather have the 50 percent than pay 32 percent interest on a credit card.
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Kids Quotes
If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.
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Mean Quotes
But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.