Your credit card minimums total $780 a month, but your balances barely move. Rent, groceries, and utilities leave little room for extra payments. A nonprofit credit counselor may be able to combine those eligible debts into one payment and ask creditors for lower interest rates. The key is understanding what the plan changes, what it […]
How to Negotiate a Lower Credit Card Interest Rate in 6 Steps
Most people think your credit card APR is set in stone. It’s not. Credit card companies will lower your interest rate — if you ask the right way. I’ve done it. My rate dropped from 24.99% to 14.99% in one phone call that lasted 11 minutes. Here’s the exact process. No fluff. Why Your Credit […]