Airline Miles Offered for Private Student Loans

November 12, 2007

I have an airline sponsored credit card I use to buy things.  Why not?  I earn airline miles and I don’t buy anything more than I would have with cash, debit card or check.  I pay the balance in full on the credit card each month and never pay any interest.

However, not everyone is as careful in the way they use credit cards as I am.  After nearly 30 years as a bankruptcy lawyer, I have a healthy respect for credit and use it carefully.  This wasn’t always the case.  Back in my student days, when money was tight, I would occasionally use my credit card less carefully and without paying attention to the cost of the credit.  Read the rest of this entry »