Comments on: All I Want for Christmas are Lower Credit Card Rates http://www.creditwithdrawal.com/wordpress/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/ Helping You Kick the Credit Habit, One Good Idea at a Time Thu, 31 Dec 2009 04:56:04 -0700 http://wordpress.org/?v=2.8 hourly 1 By: Debt Payoff Strategies Holding You Back | My Dollar Plan http://www.creditwithdrawal.com/wordpress/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/comment-page-1/#comment-451 Debt Payoff Strategies Holding You Back | My Dollar Plan Sun, 30 Dec 2007 16:40:31 +0000 http://www.creditwithdrawal.com/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/#comment-451 [...] Credit Withdrawal: All I Want for Christmas are Lower Credit Card Rates [...] [...] Credit Withdrawal: All I Want for Christmas are Lower Credit Card Rates [...]

]]> By: My Dollar Plan http://www.creditwithdrawal.com/wordpress/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/comment-page-1/#comment-438 My Dollar Plan Fri, 28 Dec 2007 20:13:16 +0000 http://www.creditwithdrawal.com/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/#comment-438 Great tips! Another tip would be to ask for a credit line increase on the card that ends up with the lowest interest rate. Then you can move more of your balances there to pay them off faster. Just watch out for the balance transfer fee. Thanks for the mention! Great tips! Another tip would be to ask for a credit line increase on the card that ends up with the lowest interest rate. Then you can move more of your balances there to pay them off faster. Just watch out for the balance transfer fee. Thanks for the mention!

]]> By: Randall http://www.creditwithdrawal.com/wordpress/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/comment-page-1/#comment-437 Randall Fri, 28 Dec 2007 18:22:31 +0000 http://www.creditwithdrawal.com/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/#comment-437 @Amanda, Sometimes that's all you can do. We went through the same thing. We got everything down to as low as possible except for 1-2 accounts, then just concentrated on paying them off. When some time went by, we started getting offers for transfers and such and then moved everything off the high interest cards. It'll happen. @MrsMicah, Talking to the CSR's supervisor works sometime, but you can also sometimes be talking to their co-worker in the next cubicle unknowingly. Still worth a try. The CSRs I worked with usually had no problem lowering the rates if they could, If not, usually even the supervisors were unable to make changes. YMMV though. Thanks for the interesting comments!! @Amanda,
Sometimes that’s all you can do. We went through the same thing. We got everything down to as low as possible except for 1-2 accounts, then just concentrated on paying them off. When some time went by, we started getting offers for transfers and such and then moved everything off the high interest cards. It’ll happen.

@MrsMicah,
Talking to the CSR’s supervisor works sometime, but you can also sometimes be talking to their co-worker in the next cubicle unknowingly. Still worth a try. The CSRs I worked with usually had no problem lowering the rates if they could, If not, usually even the supervisors were unable to make changes. YMMV though.

Thanks for the interesting comments!!

]]> By: Mrs. Micah http://www.creditwithdrawal.com/wordpress/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/comment-page-1/#comment-436 Mrs. Micah Fri, 28 Dec 2007 17:53:21 +0000 http://www.creditwithdrawal.com/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/#comment-436 Another option to consider is talking to the CSR's supervisor. The CSR may not be authorized to change your rate. Or not to give you a really good deal. So very politely ask for the supervisor. Say that while the person was helpful, you were hoping they were in a better position to help you. Another option to consider is talking to the CSR’s supervisor. The CSR may not be authorized to change your rate. Or not to give you a really good deal. So very politely ask for the supervisor. Say that while the person was helpful, you were hoping they were in a better position to help you.

]]> By: Amanda @ Me vs Debt http://www.creditwithdrawal.com/wordpress/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/comment-page-1/#comment-435 Amanda @ Me vs Debt Fri, 28 Dec 2007 16:56:05 +0000 http://www.creditwithdrawal.com/2007/12/28/all-i-want-for-christmas-are-lower-credit-card-rates/#comment-435 Love the title, it totally applies here. These are some great tips. I've been using some of these very same ideas to lower my rates. Sadly, I think I've hit bottom. There's a point at which they just won't give you lower rates or balance transfers. Specifically, I have a National City Visa with an interest rate of 19.99%. The CSR claims they don't offer ANY lower rates. Ok fine. And my Direct Rewards card refuses to make me a balance transfer offer. Apparantly they'd rather make 21.99% on my $o balance. Doesn't really make sense to me, but they won't budge :( Love the title, it totally applies here. These are some great tips. I’ve been using some of these very same ideas to lower my rates. Sadly, I think I’ve hit bottom. There’s a point at which they just won’t give you lower rates or balance transfers.

Specifically, I have a National City Visa with an interest rate of 19.99%. The CSR claims they don’t offer ANY lower rates. Ok fine.

And my Direct Rewards card refuses to make me a balance transfer offer. Apparantly they’d rather make 21.99% on my $o balance. Doesn’t really make sense to me, but they won’t budge :(

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