Debt Negotiation Advice
Can you sacrifice credit card reward points to pay down debt or negotiate with credit card companies?
I'm just curious because I have a ton of reward points I've never cashed and would rather pay off my debt. I was wondering if I can cash those in for a percentage of my debt. It may be a stupid question, but it's worth a shot! Thanks!
Public Comments
- No, the reward points have no value for them, they can't sell them or get money for them. They would be insane to give you money for them.
- If you read your credit card agreement you will see that you can't use reward points toward payment.
- pennies on the dollar man
- Check out Debt Consolidation or Debt Management plans.
