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Credit card interest

Date: Mon, 03/28/2011 - 04:45

Submitted by anonymous
on Mon, 03/28/2011 - 04:45

Posts: 202330 Credits: [Donate]

Total Replies: 3


Do you think credit card companies will lower interest if requested? What can I do to lower them?


If you've been a long-time customer and have paid on time, they might. However, they are in business to make money. If you are behind in your payments, you can try negotiating a payment plan at a reduced interest rate. You would need to tell them about your financial circumstances that have changed.

It's worth a try.


lrhall41

Submitted by aubrey on Mon, 03/28/2011 - 06:38

( Posts: 1203 | Credits: )


Good luck with this one. I would not have settled any of my stuff if they just would have lowered the interest rates back to where they had been. But instead they tripled my interest rates to 30% and then my payments tripled and I couldn't do it anymore. Consequently, they got a fraction of the debt instead of the whole thing.


lrhall41

Submitted by Debt Free to Be on Wed, 03/30/2011 - 18:36

( Posts: 412 | Credits: )