10+ Easy How To Lower Credit Card Apr. Credit card aprs represent the price we pay to borrow money. Try again in 3 to 6 months. A lower interest rate credit card can help you save on the cost of debt by making it easier to pay down your balance faster. Be upfront and tell the credit card issuer why you’re asking for a rate decrease.
Call and make your request. There are a number reasons why you might want to. Treat your credit card like a debit card.
Here are four steps you could take to negotiate a lower interest rate.
Negotiate a lower credit card apr with this script. The average credit card annual percentage rate (apr) has dropped to its lowest rate in more than three years. Call and ask for a lower interest rate with these tips:
A Credit Card’s Apr Is The Yearly Rate At Which Unpaid Balances Will Accrue Interest On That Particular Card.
Be upfront and tell the credit card issuer why you’re asking for a rate decrease.
Conclusion of 10+ Easy How To Lower Credit Card Apr.
If you don’t meet their requirements, take at least six months to make your payments on time and lower your balance. Many people in troubled situations may inquire about closing their accounts altogether because it is too expensive to maintain. They look at payment history and length of credit.