Negotiating Interest Rates on Credit Card

Author: RADical
Posted: Wed Jul 07, 2004 12:45 pm
Post subject: Negotiating Interest Rates on Credit Card

2/24/2002 7:28 am CDT

If I am uncomfortable negotiating lower interest rates, and asking about balance transfer offers, how do I get a 3rd party to speak on my behalf?

The card issuer never will speak to anyone except me. I have a friend, who always gets 5.9, 3.9, and 0 percent interest rates.

I would like him to negotiate for me but my card issuers won't let him speak on my behalf.

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Author: Ira Stoller
Posted: Wed Jul 07, 2004 12:45 pm
Post subject: Negotiating Interest Rates on Credit Card

2/24/2002 9:02 am CDT

Other than having your friend claim that he is you, I don't know of any way. Does your friend actually negotiate these rates, or is he merely responding to offers? The other possibility is that his credit rating might be better than yours.

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Author: nobody
Posted: Wed Jul 07, 2004 12:46 pm
Post subject: Negotiating Interest Rates on Credit Card

2/27/2002 1:30 pm CDT

If it's speaking on the phone that troubles you, send them a letter instead, and ask for a lower rate, etc. Or, try the net.

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