How to Get a Lower Rate On Credit
- 1). The first step to take to lower your credit interest is to call your credit card company and ask for a lower rate. This sounds very simple but it often gets results. If the first credit rep says no ask another. Try this multiple times and see how low a rate you can get. You should ask if this the lowest credit rate you can get with their company.
- 2). Look at credit transfer offers. Read them carefully. If you can find a much lower rate and good terms consider transferring the balance. Make sure the fees and other items are included in the total cost.
- 3). Make your payments on time. You will have higher interest rates if you are not responsible with credit. The best way to lower your credit rate is to handle your credit in a responsible manner.
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