Sometimes credit card debt piles up and you can't figure out how you will pay off debt. As these credit card bills continue to appear in the mail, you begin to worry about how you will pay. You may already be sitting on some other credit card bills that you are worried about being unable to pay. The high interest rate you pay with these credit cards does not make it easier. Needless to say, you don't have to pay the balance as long as you pay interest. You need to find the best credit card rate you can qualify for.
The higher your interest, the more difficult it is to pay for credit card debt. Every month's interest accumulates, and you barely pay any balance. You may need 15 years to repay credit card debt.
But I bet that many of you didn't even think of ways to lower your interest rate. You don't need a zero coupon credit card offer to help you. You only need to find a credit card interest rate that is lower than your current interest rate. If you can find a fixed, low interest rate credit card so that the credit card company can't increase your interest, that's good.
Did you know that you can ask your credit card company or others to provide you with a more favorable rate? As the old saying goes, unless you ask, otherwise you will never know that it is stupid not to ask your company to lower the credit card's interest rate. If they will not lower it, then ask other companies. You may be surprised at what you are negotiating. Even a small drop in interest rates can help you repay credit card debt in less time.
If you are a good paying customer, credit card companies may not want to lose your customers. The credit card industry is very competitive. They do not want to lose a good customer. The loss of customers costs them a lot of money. They spend a lot of money to make new customers turn to them. They do not want to lose their existing customers. It makes more sense for credit card companies to lower interest rates instead of losing you.
When calling your credit card company, request to contact the manager. Many lower-level people do not have the power to change your speed. If they refuse to reduce the rate, please prepare to cancel your credit card and obtain another credit card. Use this opportunity to find the best credit card rate and turn to that one.
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Orignal From: Lowest Interest Credit Card Rate
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