Credit Card Advice | CreditCardAdvice.com » rate reduction http://creditcardadvice.com Your Source for Credit Card Advice Tue, 15 May 2012 15:28:13 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Request an Interest Rate Reduction http://creditcardadvice.com/request-an-interest-rate-reduction/ http://creditcardadvice.com/request-an-interest-rate-reduction/#comments Wed, 18 Feb 2009 22:01:27 +0000 admin http://creditcardadvice.com/?p=135

One of the primary concerns facing consumers today as a result of the economic crisis is how to save money. While some have speculated interest rates on credit cards would be lower as a result of the Federal Reserve lowering its rate, the opposite is true. Due to the credit crunch, some banks are increasing interest rates and/or changing their terms of service. For example, one credit card company sent a notice along with the monthly bill that stated they were requiring payment of 1% of the total balance. The notice went on to state that: “This change in...

Read More »

]]> http://creditcardadvice.com/request-an-interest-rate-reduction/feed/ 12