{"id":7462,"date":"2024-11-07T08:39:48","date_gmt":"2024-11-07T08:39:48","guid":{"rendered":"https:\/\/finderica.com\/heres-how-to-ask-for-a-lower-credit-card-interest-rate\/"},"modified":"2024-11-07T08:39:48","modified_gmt":"2024-11-07T08:39:48","slug":"heres-how-to-ask-for-a-lower-credit-card-interest-rate","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7462","title":{"rendered":"Here’s How to Ask for a Lower Credit Card Interest Rate"},"content":{"rendered":"\n
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\"ScoreCard<\/p>\n

Swiping your credit card has now become more expensive than ever, and it\u2019s because credit card interest rates are rising crazy fast. That\u2019s why we think you should call your credit card company and ask for a better rate \u2014 pronto.<\/p>\n

We\u2019re serious about this! But first, let us explain:<\/p>\n

Your credit card\u2019s interest rate, also known as an APR, has probably gone up just like all the other credit cards have. (Most credit cards have a variable rate.) Have you checked lately? If you have an unpaid balance, your card is probably charging you a surprising amount of interest on it right now.<\/p>\n

Suddenly our credit cards are bleeding us dry. Here\u2019s how fast rates are rising.<\/p>\n

As recently as 2017, the average APR on a credit card was lower than 13%<\/a>, according to the Federal Reserve. Then, from 2018 to the start of 2022, it usually hovered around 14.5%. But over the past year it started climbing with breakneck speed, and now the average APR has climbed above 20.6%<\/a> \u2014 the highest it\u2019s ever been.<\/p>\n

You don\u2019t have to sit still for this. Just take a little initiative and call your credit card provider.<\/p>\n

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50 Effortless Methods to Boost Your Income This Week<\/h3>\n

If you needed extra money, like, yesterday, you\u2019ve come to the right spot.<\/p>\n

Our team has compiled a list of creative ways<\/a> you can fatten your bank account this week.<\/p>\n

This is a long list, so don\u2019t get overwhelmed. Go ahead and start now, but be sure to bookmark this post so you can easily return later. We\u2019ll keep it updated as offers changes or expire.<\/p>\n

Check it out!<\/a><\/p>\n<\/div>\n<\/div>\n

Don\u2019t be chicken. The phone number for customer service is right there on the back of your credit card.<\/p>\n

You have nothing to lose!\n<\/p>\n

Just Ask for a Lower Rate<\/h2>\n

Look at your latest credit card statement. Check your credit card\u2019s interest rate. If you have more than one credit card, check all your cards.<\/p>\n

If you\u2019re unhappy with your APR, ask for it to be lowered. Do this for each of your cards.<\/p>\n

A few things to keep in mind:<\/p>\n