http://www.americanconsumernews.com/2008/12/how-to-manage-your-credit-cards-properly.html News for Consumers in Changing Times Sun, 12 Feb 2012 04:49:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.americanconsumernews.com/2008/12/how-to-manage-your-credit-cards-properly.html/comment-page-1#comment-5021 San Francisco Financial Planning Wed, 03 Dec 2008 18:36:54 +0000 http://www.americanconsumernews.com/?p=1839#comment-5021 great advice on how to effectively reduce your credit card debt. Also, Make it a regular practice to call your credit cards to ask for a lower rate. I have one client who owes over $20,000 on a Visa that was at 18%. He spoke with a 'rate specialist', touting his rising credit score and declining balance and got his rate cut in half, from 18% to 9%! His monthly interest charge was instantly reduced by $150, which will help him pay off his debt even sooner. great advice on how to effectively reduce your credit card debt. Also, Make it a regular practice to call your credit cards to ask for a lower rate. I have one client who owes over $20,000 on a Visa that was at 18%. He spoke with a ‘rate specialist’, touting his rising credit score and declining balance and got his rate cut in half, from 18% to 9%! His monthly interest charge was instantly reduced by $150, which will help him pay off his debt even sooner.

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