Is it better to default on my credit card debt or my school loans?
I may have to stop paying one or the other. Both cost me about 1000 a month. Which would hurt me the least to default on?
both are bad, neither will look good on your credit report. but if things are that bad for you, pay the school loans. like the first guy said if you declare bankruptcy with a school loan you still have to pay it, but at least with the credit card you wouldnt have to. but before you resort to not paying bills call up the credit card co. and explain your situation.
