--- title: "Meaning & Key Takeaway of: It might be harder for us to charge a…" description: "\"It might be harder for us to charge a higher interest rate, like they do, so it might not be as profitable for us. But we can either compete or partner..." image: "https://sms4smile.com/quotes/i/703/jamie-dimon-1320_deck_it-might-be-harder-for-us-to-charge-a-hi_1753926.jpg" --- # It might be harder for us to charge a higher interest… ![“It might be harder for us to charge a higher interest rate, like they do, so it might not be as profitable for us. But we can either compete or partner, like we've announced with On Deck, which does some of the stuff we just spoke about.” quote by Jamie Dimon](https://sms4smile.com/quotes/i/703/jamie-dimon-1320_deck_it-might-be-harder-for-us-to-charge-a-hi_1753926.jpg) [Download](https://sms4smile.com/quotes/i/703/jamie-dimon-1320_deck_it-might-be-harder-for-us-to-charge-a-hi_1753926.jpg) [Open image](https://sms4smile.com/quotes/i/703/jamie-dimon-1320_deck_it-might-be-harder-for-us-to-charge-a-hi_1753926.jpg) > “It might be harder for us to charge a higher interest rate, like they do, so it might not be as profitable for us. But we can either compete or partner, like we've announced with On Deck, which does some of the stuff we just spoke about.” [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Higher interest rates may be less profitable, but competition or partnership offers alternatives. **In simple terms:** Higher rates hurt profit; partnership helps. Key Takeaway Explore partnerships to offset rate challenges. Themes finance competition partnership Mood analytical pragmatic Type business strategic When to use this quote - banking - strategic alliances - market positioning Key Concepts interest rates business strategy Questions to Reflect On - Should we partner or compete? - What risks do partnerships entail? A Different Perspective Partnerships may not guarantee success. ★ ★ ★ ★ ★ No ratings yet [Charge Higher](https://sms4smile.com/quotes/about/charge-higher-1630378/) [Deck](https://sms4smile.com/quotes/about/deck/) [Doe](https://sms4smile.com/quotes/about/doe/) [Harder](https://sms4smile.com/quotes/about/harder/) [Harder Charge](https://sms4smile.com/quotes/about/harder-charge-1630376/) [Higher](https://sms4smile.com/quotes/about/higher/) [Higher Rate](https://sms4smile.com/quotes/about/higher-rate-623722/) [Interest](https://sms4smile.com/quotes/about/interest/) [Interest rate](https://sms4smile.com/quotes/about/interest-rate/) [Like Profitable](https://sms4smile.com/quotes/about/like-profitable-1630377/) [Might](https://sms4smile.com/quotes/about/might/) [Partners](https://sms4smile.com/quotes/about/partners/) [Profitable](https://sms4smile.com/quotes/about/profitable/) [Profitable Compete](https://sms4smile.com/quotes/about/profitable-compete-1630375/) [Rate](https://sms4smile.com/quotes/about/rate/) [Spokes](https://sms4smile.com/quotes/about/spokes/) [Stuff](https://sms4smile.com/quotes/about/stuff/) ## Related quotes > [Ask anybody on Main Street whether it makes any sense to allow foreign countries to charge higher tariffs than we charge them, and the…](https://sms4smile.com/quotes/matt-gaetz/ask-anybody-on-main-street-whether-it-makes-any-sense-to-allow/) [Matt Gaetz](https://sms4smile.com/quotes/author/matt-gaetz/) > [Sleep is the interest we have to pay on the capital which is called in at death; and the higher the rate of interest…](https://sms4smile.com/quotes/arthur-schopenhauer/sleep-is-the-interest-we-have-to-pay-on-the-capital-which-is-called/) [Arthur Schopenhauer](https://sms4smile.com/quotes/author/arthur-schopenhauer/) > [For my children, it makes sense to talk about modernizing Social Security, letting them create stronger personal accounts, letting them get a higher rate…](https://sms4smile.com/quotes/john-sununu/for-my-children-it-makes-sense-to-talk-about-modernizing-social/) [John Sununu](https://sms4smile.com/quotes/author/john-sununu/) > [The higher the rate, the more interest there is in avoiding the tax. 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