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changing apr on cards
hannah29_2
Posts: 177 Forumite
in Credit cards
due to a cut in wages we are managing our credit cards but only paying minimums each month so getting no where with lowering balances..is it acceptable to call a credit card company and ask them to lower your apr slightly if you are struggling to make ends meet each month?
would this cause any effect on your credit rating?
hannah
would this cause any effect on your credit rating?
hannah
0
Comments
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I would approach it a different way.
As long as you have a well conducted account I would tell them the rate of a competitor card (e.g. 0% for balance transfers) and ask them if they can offer you anything as you'd prefer to stay with them.
Then take it from there.
It's probably more important to take a step back and have a look at your whole situation though. The Debt-Free Wannabe part of the forum can probably help you with that.0
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