29 Quotes by Travis Plunkett

They've done nothing, absolutely nothing. The credit card industry has an enormous amount of power in Washington. They bottle these bills up.

It's extremely lucrative for the insurers, much more so than other types of insurance.

It's kind of like the wild west out there.

The bill simply doesn't balance responsibility between families in debt trouble and the creditors whose practices have contributed to the rise in bankruptcies.

Taking on debt to accumulate savings is an obvious contradiction. It seems more like a clever marketing ploy than a legitimate method for increasing savings.

They'll never get a fresh start, ... And over the long haul, this can have a significant impact on the economy, if a large number of people can't get back to being ordinary consumers.

If your credit card bills are completely out of control and far beyond your ability to afford them, then the relatively minor breaks that credit card companies offer to people in credit counseling may not provide enough breathing room for some people to afford a three- to five-year debt-management plan.

By almost every measure, consumers are paying far too much for credit insurance. The research shows very clearly that credit insurance is a very bad value.

For some people, it's going to be not much of a change at all.