bella dea Posted July 24, 2006 Report Share Posted July 24, 2006 Every time I have tried in the past, they say Nope! and that's that.Is there something I should be doing? Am I saying the wrong thing? Do others have trouble getting their creditors to lower their interest rates or are my creditors just a-holes? Link to comment Share on other sites More sharing options...
LNY Posted July 24, 2006 Report Share Posted July 24, 2006 It depends on the creditor, your history with them, your credit performance with them and the type of account you opened.If you got your card right out of BK, for example, your account may be coded to never have the fee waived or the rate lowered. I have a card like that (Household), which is now the only card I have with a fee and a rate of almost 23%. Four years in, they will not budge because apparently that's what I agreed to when they gave me the account. However, Capital One waived my fee AND lowered my rate. Link to comment Share on other sites More sharing options...
bella dea Posted July 24, 2006 Author Report Share Posted July 24, 2006 Never decalred bk...had a solid payment history for last 2 years with them (no late payments). Link to comment Share on other sites More sharing options...
Irish Posted July 24, 2006 Report Share Posted July 24, 2006 Try an e-mail/s to the higher ups in the company. That tends to get a positive response. Link to comment Share on other sites More sharing options...
LNY Posted July 24, 2006 Report Share Posted July 24, 2006 bella dea, who are we talking about? Link to comment Share on other sites More sharing options...
bella dea Posted July 24, 2006 Author Report Share Posted July 24, 2006 Household, MBNA and Providian Link to comment Share on other sites More sharing options...
LNY Posted July 25, 2006 Report Share Posted July 25, 2006 I'd be shocked if you could get them to budge, esp. after only 2 years. Link to comment Share on other sites More sharing options...
bella dea Posted July 25, 2006 Author Report Share Posted July 25, 2006 And you'd be right.Nada. Nothing. Zip.Bite me. That's what I say to them. What a bunch of crap. Link to comment Share on other sites More sharing options...
LNY Posted July 25, 2006 Report Share Posted July 25, 2006 I know. They are all just evil. Link to comment Share on other sites More sharing options...
LNY Posted July 25, 2006 Report Share Posted July 25, 2006 Hey Bella, I came across this post today on another site, regarding Providian:I called 1-800-215-7318 and asked for my current APR of 15.74 be reduce, she says sure how about 1.99 for the next 3 months and then after that 9.99. If you haven’t called yet you should, because it's way too easy to not take advantage of. Link to comment Share on other sites More sharing options...
sje123 Posted July 26, 2006 Report Share Posted July 26, 2006 I have a Citibank VISA that I've had for 11 years. I've never been late and I have a credit line of 8k. I noticed my interest rate rising from 15 to 26 percent and called them. They said they could not lower it and that the only recourse is to apply to another card and transfer the balance. I don't want to do that with a card I've had 11 years. My interest rate is based on all my outstanding balances of all credit. I don't understand. I don't want to close it but it's ridiculous.I have a Chase Mastercard which I opened in 2002 at 9 percent and is now at 29.9 percent never late, zero balance for the past 6 months, again I cannot get them to lower it. I used to have luck just calling and asking but that seems to have changed. Link to comment Share on other sites More sharing options...
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