The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Leviathan - Settlement Amount question Date:  1/13/2000  4:48 PM
Author:  JamesPharmD Number:  24168 of 312189


Is it wrong to ask for a settlement amount morally? Or, will it count against me on my credit rating? Personally, I don't think it is all that wrong (aside from the fact that I am a moron for using my credit cards soo much), because they keep upping the interest rate - ahhh!!! - and I can't do anything about it.

Besides, I am in Graduate School and approaching a critical stage in my financial life - meaning I am about to declare what I do not want to. I have obtained a school loan and am willing to use all of it to pay what I can any way that I can.

Thank you for the advice...but I just want to get rid of my credit debt - like everyone else.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us