Tag Archives: lower interest rate
- How Can I Lower My Capital One Credit Card Interest Rate? – Kelly
“Dear Michael, I’m 49 and married. Credit card is with Capitol One and I’ve had it for at least 6 years. No late payments. I don’t remember what my interest rate used to be, I think around 18%, but they raised it a couple of years ago to 24%! A few months ago my limit [...]
- Do I Need a Really Good Sob Story to Get My Creditors to Lower My Interest Rates? – Laurie
“Dear Damon, I have Lots of valid credit card debt. Is there a safe, do it yourself way to reduce the percentages on credit cards? Is calling and asking for reduced APRs doable…..do you need a sob story? Laurie” The Answer: Hello Laurie, That depends on your definition of safe. You can certainly call your [...]
- 58 Years Old, Good Job, Want Out of Debt in Five Years. What Should I Do? – Ricahrd
“Dear Steve, I am 58 years old, married with one grown child (married and out of the household). I am employed and my wife is as well. I have a very stable position that compensates me approx. $135,000 year and I also receive a retirement annuity in the amount of $15,000/year. My wife works part [...]
- Converting 8.9% Variable Credit Card to 3.4% Variable Equity is Bad Deal. George
“Dear Steve, I have $22K in credit card debt(on one card) with an 8.99% variable rate. Minimum payment is about $450/month. I have recently began to pay more than the minimum(last month i paid $1000) since I would love to pay this off or at least bring it down so my minimum payment isnt so [...]
- How to Get All the Cheap Credit You Want
Today, the average person pays between 16 and 17 percent on credit card balances. While interest charges may seem low when you look at the monthly charge on your statement, over the long run they can really add up. In fact, the average person can put a hundred bucks or more in his or her [...]
- Bank of America is Charging Me 27% on My Credit Card. – Melinda
Melinda “Dear Steve, I made late payments a couple of times on my Bank of America Visa card. Now my interest is at 27% on $11,000.00. I cannot afford the payment minmum that they require. Should I try to talk them into lowering my interest rate back to a something more reasonable? Does that usually [...]
- Where Can I Go to Payoff My Credit Card With a Cheap Loan? – Sarah
“Dear Steve, I have completely paid off my minor credit cards. My visa, with a close to $8,000 balance remains. My interest rate is so high, it seems my payments aren’t moving the balance at all. I want to do a balance transfer to a lower interest rate, but I do not know where I [...]
- I Want to Consolidate My Credit Card Debt at a Good Interest Rate. – Roy
Roy “Dear Steve, Trying to consolidate debt. seems there is no real help unless you default im trying to get help before I get to that point. just want a fair deal…looking for 9 to 11 % interest rate for roughly 25,000 total debt( not including 20,000 left on two car payments) I make a [...]
- I Have Three Credit Cards With Rates Around 25%. How Can I Get Out of Debt? – Bill
“Dear Steve, I have over 13k in credit card debt with 3 cards, my rate on all 3 is around 25% How can I lower the rate. I have a steady job so far, my wife doesn’t, she is self employed. we have 2 car pmt and a mtg payment How can I lower the [...]
- I Just Got My Job Back, and I Am Playing Catch Up on My Bills. – Nicole
“Dear Steve, I just got my job back, and I am playing catch up on my bills. Between my husband and I, we have about $2800 in credit card debt. I tried calling to get my interest rate lowered, but all they said was when an offer comes aound that you qualify for, then we [...]