I was one day late making my credit card payment and got hit with the “penalty” APR of 29 percent. I’ve had this card for over 10 years and when I called to see if they could lower the rate, they said no. Are there any tactics I can use to get the interes
In Debt - Asked by Admin - 9 months ago
If this were within the first year you had the card, you would have been given 60 days before your rate could be raised, but you have been a good customer for 10 years. So you should call the company again and ask for a supervisor and/or write a letter to the person in charge of customer service to ask for a return to your prior interest rate. You should seek out another credit card and try to transfer your balance to another card with a better rate.
Answered by Admin - 9 months ago