subject: Credit card balance transfers – For lower interest rates make the first move [print this page] One of the biggest lessons I learned in life is the importance of action. When it comes to your finances, get rid of credit card debt is more important than ever to develop, plan and act as soon as possible.
One can hope that the credit card issuer to join hands to help you if you are struggling to overcome its debt. The truth is, I do not see that happening. Many of us have a tendencywait for things to happen in our favor, but we must learn to be proactive if we are debt free (or almost achieve something in life are now).
For example, you might be interested in reducing your stress by switching to a credit card with a lower interest rate. Depending on situation, may consider this to be a good idea for you. However, not only for credit card companies waiting to make a call or sendan offer by mail.
Yes, I know that many of us receive offers at regular intervals and could not happen that a paper will receive an interesting, useful now for a low-interest loans. But why wait to get deals like that? You can act and the same credit card company to try to win contact with a lower interest rate.
You can try some different approaches. If you want to be honest, you can simplydiscuss the situation with customer service and ask if a lower interest rate possible. Depending on their personal ethics, you can bluff you receive an offer, given for a lower interest rate so that you are.
The only limit on the credit card companies not in progress. You can also talk to other companies and their marketing department on special offers they may have. Depending on theinterest rates, you can transfer your existing card balance to this new loan.
However, make sure you understand the fine print. Low interest rates can only be temporary, in which case you should continue to pay close to a much higher rate in. It should also be aware of any transaction costs that could pay to transfer a balance
