21 Total Quotes

Ed Mierzwinski Quotes

By increasing minimum payments, people will pay off credit cards, won't pay so much in interest and will have money left over to buy things.
Ed Mierzwinski
#Interest

Merger mania is making the fee-gouging big banks even bigger, ... Worse, fewer and bigger banks means consumers face fewer choices, less competition and even higher fees.
Ed Mierzwinski
#Banks

You don't need to spend $79 or more to monitor your credit. It's a gimmick designed to inflate the revenue at the bureaus. It's not going to prevent ID theft. It may give you a little bit of early warning. But it doesn't matter enough for you to pay that amount of money.
Ed Mierzwinski
#Credit

If it's worth some peace of mind for some people, for $25 a year, I'm not going to tell you not to do it.
Ed Mierzwinski
#Mind

It is outrageous that inaccurate credit reports could damage one in four consumer's ability to buy a home, rent an apartment, obtain credit, open a bank account, or even get a job.
Ed Mierzwinski
#Ability

We've seen some slight improvement ... but we are finding too many playgrounds that are unsafe.
Ed Mierzwinski
#Improvement

Early termination penalties prevent consumers from voting with their feet when their cell phone company treats them wrong,
Ed Mierzwinski
#Company

[Early-termination fees] give consumers no choice in the marketplace, ... They trap consumers into their plan by saying 'you can't get out of it unless you pay us $ 150 to $240 .'
Ed Mierzwinski
#Choice

A rate is something everybody pays for their service. This is a penalty that is designed to prevent you from shopping around.
Ed Mierzwinski
#Service

Credit cards offer convenience. Credit cards offer emergency life preservers. If you start to use your credit card for daily expenses, and you start paying for pizza at 18 percent interest -- do the math.
Ed Mierzwinski
#Life

I'm encouraged that some issuers are doing this. I think penalty fees are a disingenuous way of making money, ... I'm encouraged the marketplace is responding to pressure from lawsuits and consumer complaints.
Ed Mierzwinski
#Money

They are trying to increase the use of debit cards to increase their profits,
Ed Mierzwinski
#Trying

The purpose of the report and the survey ... is to make it clear to the FCC that the cell-phone industry is not competitive, that consumers are locked in a cell and they need greater protection,
Ed Mierzwinski
#Purpose

The purpose of the report and the survey ... is to make it clear to the FCC that the cell-phone industry is not competitive, that consumers are locked in a cell and they need greater protection.
Ed Mierzwinski
#Purpose

They are trying to increase the use of debit cards to increase their profits.
Ed Mierzwinski
#Trying

I'm encouraged that some issuers are doing this. I think penalty fees are a disingenuous way of making money. I'm encouraged the marketplace is responding to pressure from lawsuits and consumer complaints.
Ed Mierzwinski
#Money

It wasn't the largest breach, but it showed a stunningly sloppy business model.
Ed Mierzwinski
#Business

If you have someone doing the paper shuffle -- sign here, sign here, sign here -- there is tremendous opportunity for mischief.
Ed Mierzwinski
#Opportunity

It doesn't hurt to overreact, but it's not worth it to obsess.
Ed Mierzwinski
#Hurt

Consumers will have fewer choices and they will pay higher prices.
Ed Mierzwinski
#Choices

Money talks and the phone companies know that.
Ed Mierzwinski
#Money