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

They do fill a need. They are in areas where there are no banks, where the banks have pulled out of.

You should expect that at some time you're going to have a credit card rejected.

People run up credit cards to live a certain lifestyle and when the cards run out, so does the lifestyle. If you live a life on borrowed money, it's going to catch up with you.

With our limited funds we can only do a limited campaign.

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.

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.

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.

Just because somebody will approve you, that doesn't mean you can afford it.

People who use it are just blown away. This is not something that just the lunatic fringe does.