text: if i settle with a credit card company can they charge me interest?   yes, but it depends on the terms of your settlement.  they will make a strong case for interest because its how they make money.  you have to remember that if they are going to allow a settlement, then they are giving up on getting back some of the money.  it was money they gave you and you didn't really deserve because you didn't pay it back.  they should have the right to get some interest on that.