So, what can you do? Use the credit card company’s business tactics against them. Negotiate a lower rate. But wait, don’t call just yet. This is a 30-minute step, not 30-second. You need to be prepared first.
Do some research. What is your current credit card interest rate? Is this what the beginning interest rate was? What is your current creditcard balance? Are you maxxed out yet? How good is your credit rating? Get these answers and you have a solid base to start your battle to credit card freedom.
For additional ammunition check out some email credit card offers. Check and see what they are offering. Credit card company competition is fierce, and the only thing they want besides interest, is customers to charge that interest from.
Once you have this information, make the call to the 1-800 number on the back of your credit card. Then keep the following rules in mind.
1. Be Polite. Don’t do this, and you land on the path to failure.
2. Speak to someone that can make the decision. Typically the person who answers the phone can not make this decision. Sometimes they can, but if they are reluctant move up the ladder.
3. The worst that can happen is they say no. This is not a roadblock and certainly can not make you go backwards. You just need to continue down a little different path going to the next step. It will go better if you are up to date on your payments. Don't forget Step 1, do not do nothing which includes not making payments.
4. Go for it now! Just make sure you bookmark this site, so you can come back and finish the journey.
Get you credit card freedom today.