The UK has adopted the American habit of credit with vigor, and consequently consumers are rapidly getting in over their heads. -Steve Rhode

 

The UK has adopted the American habit of credit with vigor, and consequently consumers are rapidly getting in over their heads.


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This quote is just one of 9 total Steve Rhode quotes in our collection. Steve Rhode is known for saying 'The UK has adopted the American habit of credit with vigor, and consequently consumers are rapidly getting in over their heads.' as well as some of the following quotes.

If they don't let you do it, that may be a warning sign and you may want to go somewhere else.

Steve Rhode
241

I wouldn't panic just because interest rates go up a quarter point, You should review your finances and see if there are areas I can cut back, areas I don't use.

Steve Rhode
208
While it's great that many Americans have been able to reduce their overall credit card debt, let's hope we don't wake up to a holiday hangover when the credit card bills for this holiday season start arriving in January. If consumers used credit for their holiday purchases this year, they might erase any progress they have made toward paying down their debt. -Steve Rhode
201

If you're opening a card and then paying it off and closing it, that's not really building a credit history for you.

Steve Rhode
188

Who wants to be out with your friends or business clients and have that happen -- 'Do you have another card, sir? ' You feel like a loser -- when it can be completely beyond your control.

Steve Rhode
152
The UK has adopted the American habit of credit with vigor, and consequently consumers are rapidly getting in over their heads. -Steve Rhode
145

When it comes to credit, one lesson people have never learned worldwide is simply because somebody extends credit to you has nothing to do with your ability to afford it.

Steve Rhode
132