Credit Card Debt

Submitted by davidwalker023 on Mon, 06/21/2010 - 14:28

Do you have a considerable amount of credit card debt? Many times people are unaware that you can lower your credit card interest rates simply by calling and asking your credit card company. If you tend to carry a high balance each month it can really save you money lowering your rate. Even if your rate is only lowered a few percentage points I highly recommend making the call.

I see too many people these days with huge interest rates of 18% plus and it is sad they don't realize that they are probably capable of receiving much lower rates.

Give it a try today, call your company and see if they can lower your rate for you. A 10 minute call can potentially save your thousands of $ in interest.

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Hello, My question is does it effect your credit score if you call and ask the creditor for a lower interest rate? I would be inclined to think that it may have a negative effect. If not then I would imagine everyone would try to go this route. It really would be great if a person could do this, especially with a lower balance card, then you could get it paid off mroe quickly. Also how long do companies let you have the lower rate?

Tue, 06/22/2010 - 02:31 Permalink

(Just making a comment here..) I wouldn't think it would effect your credit score, in a 'negative' sense. I think, if anything, it would improve your credit a bit. If a lender sees that a CC, on your credit, has a low % rate, that should be an advantage to the consumer.

Tue, 06/22/2010 - 17:09 Permalink

That is a valid point. Please make sure when you contact the credit cards companies that you find out if the reduced rate is a fixed rate or a variable interest rate.

A fixed interest rate is a a rate that stays the same through out your whole repayment term of the balance. Fixed rates generally increase when your account is in a default status. Very seldom do creditors give fixed interest rates on credit cards. Generally, the only time you get a fixed rate is when you are ready to close your card & pay down your balance.

A variable interest rate is a rate that fluctuates do to current economic conditions, credit scores, & repayment history with the creditor (current or delinquent). This is the most popular rate that creditors apply on credit card debt because the rates fluctuates do to the above listed factors.

Please remember, your credit card companies makes their money based upon the amount of interest they charge on your outstanding debt.

When you call your credit card companies, unless you close your account, when you ask for a reduced rate, most likely they will give you a variable interest rate rather then a fixed interest rate.

Always make sure that you read the terms of the card member agreement that you signed when you accepted the credit card which will also confirm what terms you accepted the card under.

If in need of free financial counseling, please do not hesitate to contact me.

- Thank You -

Respectfully Yours,

Heather Gimmy

Mon, 07/12/2010 - 19:55 Permalink
Barbara_Elena (not verified)

Hi fireyone,

It is actually the other way round. If you have a good credit score, you can get a lower interest rate on your credit card. Your credit score is always referred to, when your creditors are deciding on your interest rate or your credit limit on your card.

Wed, 07/14/2010 - 06:57 Permalink

just asking for a lower interest rate wont hurt your score. However, if you opt for debt consolidation, it will affect your score negatively. But, if you make regular timely monthly payments, your credit rating will improve over time.

Sat, 08/14/2010 - 17:42 Permalink
tracy (not verified)

Eliminating credit card debt might be a little difficult, but surely isn't impossible. To know more, read on. A little effort on your part today is sure go a long way towards a healthy financial future!

Thu, 08/26/2010 - 08:17 Permalink
Bud (not verified)

The second worst thing you can do to your credit is perform a debt consolidation plan, behind only bankruptcy. The really crappy part of debt consolidation plans in my opinion is that they can stay on your credit for up to 14 years. The reason it is so crappy in my opinion is people who choose to do the right thing and pay off their debtors are punished. People who go ahead and file bankruptcy can get the bankruptcy off of their credit in 10 years or less. That doesn't make any sense to me, but it is what it is. credit-mechanics.com

Sat, 08/28/2010 - 02:28 Permalink

Hi Bud,

Debt consolidation can hurt your score. However, all these depends on what kind of debt the person has and how he is handling the debt.

Thanks,

Aaron

Sat, 08/28/2010 - 12:29 Permalink

hello ,
i think it will be a good option to follow , if someone has good transaction and flow of debt-credit monthly , then he may ask the company to offer some good,beneficial rates of interest ,
the discussion regarding this matter will be more helpful

Mon, 04/18/2011 - 07:37 Permalink

Hmmm... for me, it's okay to let my credit be like that. It's all about management by controlling yourself in using it. You can always use alternative ways in making sure that you won't be tempted of getting used to it. I have a card and my credit already increased big time, but i can always manage it. I only use it for emergency purposes only or by purchasing plane tickets whenever i travel.

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Her best friend, Jacqueline Vindigni, 25, Points out how fast attitudes change. "Even back in the day, That was weird, Admitting that you met in a bar or a club or something, states.

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Finding love no longer makes the product of kismet, or even boozy nights out, But regimented, systematic, Ruthless looks for perfection.

Pea earnings two to three dates a week, But has gone on possibly five. a analyst for a tech company, you will find that when he started dating in January 2015, He did so in a organized way.

He had friends read over his profile to be certain he presented himself accurately. He read OKCupid co founder orlando Rudder's book, "Dataclysm, For hints. "I did my research to be certain that what I was saying would be optimal, he tells, Sipping a alcoholic drink at The Upstairs lounge in Belltown.

Pea's recovery rate is impressive. A considerate, Well put together, fabulous conversationalist, clean with dark brown hair and a warm smile, He is also 5 feet 4 a deterrent for many ladies.

Since he began filtering for everyone shorter than 5 5, He now has a lot dates, He's got unique problem: Keeping all of these books straight.

Like most people I talked to, Zwickel spends an inordinate period swiping, texting and meeting. "I want to believe I'm being proactive in my self confidence, he says over lunch at The Lodge Sports Grille in Greenwood, A few blocks from City Arts' places of. "I know in my heart of hearts which BS,

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Though Zwickel is looking for a serious relationship, the perfect options, it is easy to be distracted. several years ago, While waiting one OKCupid date at a bar, Another woman he'd been texts, But we had not met, Started sending him salacious snapshots, delicoius him to a Bellevue hotel. After an original date, He rushed to the Eastside and realized he couldn't undergo with it. "the whole lot just felt so contrived and forced and uncomfortable, he says.

recently, He's concentrated finding his ideal match: Someone who shares a love of culture and the outdoors. He broke up with one woman in part, for the, he says, "She had not a single book in her loft,

Her husband is from the center East. "We don't obviously have things we like to do together, she says. "He's within cars, And I'm into assisting to refugees. He's into pc, and i'm into art,

She takes our check and takes away. "many have never seen the dating profile of people they might click with, Because they've narrowed their screens so noticeably,

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Tue, 06/11/2019 - 12:19 Permalink
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Wed, 10/02/2019 - 12:53 Permalink
Kathy Fiona (not verified)

I love the Credit Report Card beta program Mr Hugh Fisherman introduced to me and my husband. The stoplight metaphor is wonderful and easy to understand. Your explanations for positive and negative scores and the little doses of reality are great! I finally understand how the score is determined! I like how you have links to explanations and easy to read articles after each section. Your explanations are clear-cut, user friendly, and even the negative ones are composed constructively so that there was no lingering negativity after reading it, just food for thought and guidelines and pushes toward improvement. I can see that I've been doing the right things in four areas, and the only thing pulling my score down is in the last area. I didn't know that credit scores worked that way, and I don't feel so bad about my bad credit anymore. I know what to work on, which, admittedly, I knew before, but now I know there's something positive on my credit score. Mr Hugh had to access my account and study credit history and cleared an overdraft of $3,400 on my account which a scammer massed up my checking account. join him on Telegram @hughfisherman 984 226 8349

Tue, 10/22/2019 - 21:11 Permalink
jones kenny (not verified)

We are currently searching for qualified candidates to fit into different job positions.

We recruit, screen, and refer qualified candidates to an employer in the oil and gas sector, and other companies, families for job consideration. We focus on matching your skills with the job openings and requirements of employers.

Qualified candidates are entitled to Accommodation, Medicals, Vacation, Salary/Wages. Other Benefits includes Family Status, group benefit and other fringe benefits.

Both Skilled and Unskilled workers are free to apply.

View available jobs here: zestrecruitmentsvcs.com/jobs/ or Call 984 226 8349

For further questions or query, feel free to contact us on info@zestrecruitmentsvcs.com.

Yours Faithfully,

Principal Consultant,
Christopher Ki’somma
Zest Recruitment Services

Wed, 10/23/2019 - 22:42 Permalink
KEITH77 (not verified)

i am writing this as an appreciative referral  to the efficient and reliable credit repair hacker   QUADHACKED@GMAIL.COM , i had a little disagreement  with my landlord which lead to him evicting me from the house ,i wasn't going to pay for extra charges that were not in the initial agreement. he put an eviction on my report and  this created a lasting blemish on my credit report,i struggled with it for a long time this hurt my credit score so bad , i was unable to rent  the houses of my choice neither could i get a loan,  i spoke  about it with an old friend and he recommended an hacker with the contact address QUADHACKED@GMAIL.COM .This hacker is incredible, in few weeks he wiped the  eviction blemish,tax liens  and other collections off my credit report and this had a huge impact on my credit score.he got my score up from 619 and now i'm scoring a wonderful 786 and i cant be more thankful. reach out to him for your credit repair service and credit score increment.

Sat, 11/23/2019 - 01:30 Permalink
Richard Huffman (not verified)

Hello everyone, i wish i could express myself completely, i was so worried about getting a place to rent in Orlando Fl, my credit score was as poor as 456, i have few inquiries and student loan, earlier this year i was going through a credit repair website where i came across good and impressive recommendations about Daniel as a very fat and trustworthy credit repair agent, so i got in touch with him through his email DANIELKENCYBERSERVICES@GMAIL.COM, i worked with him and sincerely he delivered wonderfully, my credit score was raised to a 794, all my inquiries deleted, no more negative items on my credit report, this means a lot to me, I implore you guys to work with him and stop getting bothered about repairing your credit. Thank you so much Daniel.

Sat, 11/30/2019 - 13:02 Permalink
Renner Wilson (not verified)

My score was 352 out of 900 on clear score as you can see I cannot get anything at all due to being immature few years back. I had a few negatives, I had an IVA, I also had defaults with telecom companies and also credit cards. I went online and found a credit repair expert on credit sesame. I contacted him on his personal email – (DANIELKENCYBERSERVICES AT GMAIL DOT COM)and he asked me to text him on his number +1 407-680-2514 for further discussion and I did immediately. I said to him, “if you can help me I will forever be in your debt”. He said to me I will help you bring your credit profile up to speed. After few days he deleted everything bad on my credit report and increased my score from 352 to 819 making me the happiest man on earth. God bless him and his entire household. I strongly recommend him for your credit repair.

Mon, 12/02/2019 - 15:06 Permalink
Gladys Walker (not verified)

Are you in a need of a legit hacker to help you boost your credit score to 800 golden score, PROHACK NETWORK is the best hacker at this point. He help me raise my credit score to 800 golden score and He help me wipe all negative items including an eviction on my credit report within 72 hours. He help me pay off my home equity line of credit (HELOC) debts within few weeks, His service are fast, secure and without traces. Hit him: prohack.net@aol.com , +1 (252) 307-3167.

Wed, 12/04/2019 - 11:31 Permalink
Kevin Williams (not verified)

My score was 352 out of 900 on clear score as you can see I cannot get anything at all due to being immature few years back. I had a few negatives, I had an IVA, I also had defaults with telecom companies and also credit cards. I went online and found a credit repair expert on credit sesame. I contacted him on his personal email – (DANIELKENCYBERSERVICES AT GMAIL DOT COM)and he asked me to text him on his number +1 407-680-2514 for further discussion and I did immediately. I said to him, “if you can help me I will forever be in your debt”. He said to me I will help you bring your credit profile up to speed. After few days he deleted everything bad on my credit report and increased my score from 352 to 819 making me the happiest man on earth. God bless him and his entire household. I strongly recommend him for your credit repair.

Thu, 12/05/2019 - 00:25 Permalink
Kate Hunter (not verified)

Thursday (November 22nd , 2018) was my thanksgiving day not because it’s a day set aside for we to be thankful but because it was the day I got my credit fixed by Daniel. I had all 3 bureaus reporting 550, 557, etc. main thing, I filed for bankruptcy chapter 13 to pay everyone back and then I asked to dismiss it. I had a couple of 60 days late payments but I was up to my limit on my cards but they were low limits; $300, $500 and $750. I signed up for credit saint in June but they are very slow in their process and couldn’t even remove the bankruptcy. I was making more research and by chance I found Daniel and his contact; DANIELKENCYBERSERVICES@GMAIL.COM, +1 (407) 680 2514. From many of the names I found for some reason, I identified more with him, I'm a mother of 2 children and I have always wanted to buy my house but by credit report, I have never been able to. I did bought one house in Puerto Rico but it entered foreclosure. Well I trusted Daniel with my credit and he delivered my life from shame and failure bringing joy and reason to be happy again. He raised my score to 789 and deleted the bad items on my report and it still looks nice up to date. Feel free to contact him and get your life back again.

Fri, 12/06/2019 - 14:04 Permalink
Douglas Francis (not verified)

Thursday (November 22nd , 2018) was my thanksgiving day not because it’s a day set aside for we to be thankful but because it was the day I got my credit fixed by Daniel. I had all 3 bureaus reporting 550, 557, etc. main thing, I filed for bankruptcy chapter 13 to pay everyone back and then I asked to dismiss it. I had a couple of 60 days late payments but I was up to my limit on my cards but they were low limits; $300, $500 and $750. I signed up for credit saint in June but they are very slow in their process and couldn’t even remove the bankruptcy. I was making more research and by chance I found Daniel and his contact; DANIELKENCYBERSERVICES@GMAIL.COM, +1 (407) 680 2514. From many of the names I found for some reason, I identified more with him, I'm a mother of 2 children and I have always wanted to buy my house but by credit report, I have never been able to. I did bought one house in Puerto Rico but it entered foreclosure. Well I trusted Daniel with my credit and he delivered my life from shame and failure bringing joy and reason to be happy again. He raised my score to 789 and deleted the bad items on my report and it still looks nice up to date. Feel free to contact him and get your life back again.

Wed, 12/11/2019 - 23:14 Permalink
Tracy Allen (not verified)

I checked my scores some couple of weeks ago, they ran down in the low to the mid 400s. I was struggling having a hard time getting approved for anything due to a layoff I had last year so I fell behind on my bills and now I am struggling trying to get my score back up so I can purchase a home. I surf the internet in search of help and I met with AUTOLINKS CREDIT SERVICES and I explained to them my credit situation and they promised to help me get my scores back on track so I can be qualified for the home purchase. After some couple of days later, they cleared the bills on my credit profile and effected the changes across all 3 credit bureaus and finally raised my scores to 793. I bought the house after a week and I am very happy today with my family. You can contact them and have them fix your credit issues as fast as possible. Contact via: autolinkscreditservices@hotmail.com / +1 (520) 800-6528 .

Thu, 12/12/2019 - 14:17 Permalink
Tracy Allen (not verified)

I checked my scores some couple of weeks ago, they ran down in the low to the mid 400s. I was struggling having a hard time getting approved for anything due to a layoff I had last year so I fell behind on my bills and now I am struggling trying to get my score back up so I can purchase a home. I surf the internet in search of help and I met with AUTOLINKS CREDIT SERVICES and I explained to them my credit situation and they promised to help me get my scores back on track so I can be qualified for the home purchase. After some couple of days later, they cleared the bills on my credit profile and effected the changes across all 3 credit bureaus and finally raised my scores to 793. I bought the house after a week and I am very happy today with my family. You can contact them and have them fix your credit issues as fast as possible. Contact via: autolinkscreditservices@hotmail.com / +1 (520) 800-6528 .

Sun, 12/22/2019 - 09:29 Permalink
Mila Henry (not verified)

Merry Christmas guys, contact: autolinkscreditservices@hotmail.com or +1 520 800 6528 , for credit repair, they made me smiles again. I was evicted for some couple of months, then I went surfing the internet and find AUTOLINKS CREDIT SERVICES, I contacted them ASAP and they boosted my bad credit score from 368-780 within 5 days. They cleared all negatives on my report even gave me good trade lines for loans. Thank you AUTOLINKS CREDIT SERVICES I will keep recommending you to the world. Thank you once more am very happy, I now have my own home.

Thu, 12/26/2019 - 06:46 Permalink
Mila Henry (not verified)

Merry Christmas guys, contact: autolinkscreditservices@hotmail.com or +1 520 800 6528 , for credit repair, they made me smiles again. I was evicted for some couple of months, then I went surfing the internet and find AUTOLINKS CREDIT SERVICES, I contacted them ASAP and they boosted my bad credit score from 368-780 within 5 days. They cleared all negatives on my report even gave me good trade lines for loans. Thank you AUTOLINKS CREDIT SERVICES I will keep recommending you to the world. Thank you once more am very happy, I now have my own home.

Sat, 01/04/2020 - 13:10 Permalink
Eric Sather (not verified)

Back in 2012 my wife and I were preparing for our wedding in august and I thought everything was well at my job because I worked very hard, I never showed up late and did more than what was required of me but my supervisor stabbed me in the back and laid me off less than 1 month before my wedding. Although I was still able to pay for the wedding however, after the wedding, I was in a very uncomfortable position as a newly wedded. I began falling behind on loan payments, medical bills, etc. that I owed which made my credit score plummet. I felt extremely bad because before I was married, I never made a late payment on a single bill. I was trying to figure out a way to build my credit score back up without having to wait several years so by GOD’S GRACE I was introduced to XAP Credit Solution by a family friend James who currently had his credit profile and CHEXSYSTEM fixed by XAP. XAP was able to quickly get every negative item removed from my credit report and increased my score far past where it was before it fell within a manner of 2 weeks. I applied for a high paying job which required a credit check and after the interview, I got the job and they offered to pay me $134,000 per annum just because my credit report showed that I am a responsible and reliable person. Contact: XAPCREDITSOLUTION@GMAIL.COM and/or +1 (972) 597 9704, I completely recommend XAP Credit Solution for your CREDIT, CHEXSYSTEM and DUI report fix.

Mon, 01/20/2020 - 15:05 Permalink
Austin Benedict (not verified)

Happy to have honored my mother in-law’s invitation last week for she helped introduce me to 760PLUS CREDIT SCORE who did a wonderful job by clearing all bad credit records on my profile. I contacted him on phone, we had a deal after our discussion and agreement, he increased my low credit score from 458 to 802 in less than a week removing all hard inquiries, charge offs and eviction after I narrated to this hacker on how I lost my wife and 2 children to fire accident that claimed their lives on 18th Nov, 2018. Life became difficult and sad for me back them. Am just happy I got my credit fixed even when the pains of losing my family is irreplaceable but I must appreciate his good works and thanking my mother in-law for her relentless support to me. CONTACT VIA: 760PLUSCREDITSCORE@GMAIL.COM or text +1(304) -774 -5902.

Mon, 01/20/2020 - 22:44 Permalink
Calon Jossy (not verified)

I am extremely satisfied with the services of this effective and ethical credit repair team. They were very helpful in clearing all my negative items including credit card debts and student loans in just a few business days and my score went up by an impressive 260 points; here’s there contact: (XAPCREDITSOLUTION@GMAIL.COM and/or +1 (972) 597 9704). Do well to mention my name to XAP. Cheers!

Tue, 02/11/2020 - 11:17 Permalink
Ryan Havila (not verified)

My husband and I had some couple of negative items with relatively low score that disqualified us from everything. So we searched for a credit expert on credit magic to help us fix our credit score, we agreed to trust 760PLUS CREDIT SCORE after we have read good reviews and trusted recommendations from people about him, we explained the negative items on our report to him and he gave us a period of one week. Eventually, we finally got an excellent result within 7 days .Our score were increased to 780 and 805 respectively .All debt were marked as paid, late payment appeared as on time payment and other negative item were deleted. I recommend the hacker to people that want to fix their credit problem. Write him via: 760PLUSCREDITSCORE@GMAIL.COM or text 1(304) -774 -5902.

Sun, 03/01/2020 - 05:43 Permalink