Quote

Creditors have better memories than debtors.

— Benjamin Franklin

Sentiment: NEGATIVE

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✓Similar Perspectives

The creditor hath a better memory than the debtor.

— James Howell

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

— Daniel Akaka

There is scarcely anything that drags a person down like debt.

— P. T. Barnum

In a world awash in debt, power shifts to creditors.

— Fareed Zakaria

Nothing is more responsible for the good old days than a bad memory.

— Franklin Pierce Adams

A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it.

— Victor Hugo

When debts are not paid because they cannot be paid, the best thing to do is not talk about them, and shuffle the cards again.

— Camilo Jose Cela

Debt is one person's liability, but another person's asset.

— Paul Krugman

Debt is a mistake between lender and borrower, and both should suffer.

— Nassim Nicholas Taleb

✗Opposing Perspectives

As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old credit records) impose on our current choices. We may find it too easy to buy things we may later regret.

— Virginia Postrel