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[LOGO OF PRICEWATERHOUSECOOPERS]
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in the Prospectus Supplement of
Spiegel Credit Corporation III, relating to Series 2000-A Class A Asset Backed
Notes, of our report dated February 3, 2000, on our audits of the consolidated
financial statements of MBIA Insurance Corporation and Subsidiaries as of
December 31, 1999 and 1998 and for each of the three years in the period ended
December 31, 1999. We also consent to the reference to our Firm under the
caption "Experts".
/s/ PriceWaterhouseCoopers LLP
December 5, 2000
