From both a legal and ethical standpoint, you have an obligation to pay for credit purchases.

Question

Quizplus · Accepted Answer

Legally, when you sign a credit agreement, you are agreeing to pay for the items you purchase. Ethically, it is a matter of honoring your commitments and fulfilling your financial obligations. Refusing to pay for credit purchases can result in damage to your credit score and legal consequences such as collections lawsuits.

From Both a Legal and Ethical Standpoint, You Have an Obligation