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Greg McBride Quotes
«Even if someone pays the balance in full, that 2.5 percent fee they're going to pay for the convenience outweighs the rewards they're going to earn, especially on frequent flier miles.»
«It's a fairly insignificant risk.»
«Credit Unions are not-for-profit, which means they exist for the benefit of their members.»
«If you apply to too many cards, it may raise red flags to lenders.»
«The process is much more convenient if you stick with your current lender.»
«You're not getting much additional yield by tying up your money for longer periods of time.»
«As a borrower, you have nowhere to hide.»
«If you have a 30-year investment horizon, you should be pursuing higher returns than you can get on a Treasury.»
«If you have to sell in an environment of rising interest rates, you could sell it substantially below what you paid for it.»
«But if you're trading a lower-rate mortgage for a higher-rate one just to free up cash, you're in a losing trade.»