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 wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Where Can I Go to Payoff My Credit Card With a Cheap Loan? – Sarah
Sarah wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Want to Consolidate My Credit Card Debt at a Good Interest Rate. – Roy
Roy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Have Three Credit Cards With Rates Around 25%. How Can I Get Out of Debt? – Bill
This question was submitted to me through the GetOutOfDebt.org site. You can ask a question online here. Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response [...]
- I Just Got My Job Back, and I Am Playing Catch Up on My Bills. – Nicole
This question was submitted to me through the GetOutOfDebt.org site. You can ask a question online here. Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response [...]