Cut Your Credit Card Rate

Take a good look at your credit card rate, if it is in the double digits, you may be able to get it lowered.

Consumer Reports recently found a woman who cut her rate from 18 percent to just over 4 percent.

It turns out she simply called her credit card company, explained her situation and then learned she qualified for a hardship program.   She saved cut her monthly finance charge by more than 200 dollars.

The first step is to check your credit report for any errors.

Do it for free by visiting this web site www.annualcreditreport.com

Next, find out the current interest rates being offered by other banks.

Do that for free at www.cardtrack.com

Another piece of advice, be persistent.  If the first person you speak with does nothing for you, ask to speak to a supervisor or someone in customer retention.