Number one New Years Resolution. Get rid of your debt!
Five step Plan
1. HOW MUCH INTEREST ARE YOU ACTUALLY PAYING? HAS YOUR RATE BEEN RAISED?
2. GO ON LINE GOOGLE YOUR CURRENT CREDIT CARD.
What is the new rate for new customers? 0.5% FOR NEW CUSTOMER.
4. Compare national averages. 5 credit rates. pro sub prime
Are you a good borrower? 700 plus?
5. Call your credit card company. Ask for the floor manager or supervisor. (Be Very Nice!) Tell your credit card company that you are a good borrower with a high FICO score of (700 pluse) and that you are paying a very high… 29.9 % rate. Tell them you want a lower rate.
** They may lower it at first 5% (or more). Make a deal with them; after 90 days get a promise they will lower it by 20%.
If they won’t thats when you shift your balance to a nother credit card company that will.
*Ask to speak to a floor manager or supervisor. Make notes.
Debt Free for Life by David Bach. See video below.