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Dave Ramsey Says Credit Card Companies Are 'The Cigarette Of The Financial World.' He Warns Against Taking Their Advice On Anything
Yahoo Finance·2025-09-21 18:01

Financial expert Dave Ramsey is unapologetic when it comes to the credit card industry. His message is consistent: credit card companies don't deserve your trust, and their advice is often designed to keep you in debt. Ramsey Calls Out Credit Card Lies And Cultural Messaging On an episode of “The Ramsey Show,” a 60-year-old nurse named Carla called in from Florida. She was making $138,000 a year, had no mortgage, and had just finished paying off six credit cards. When she mentioned that a card company to ...