Comments on: How Can I Lower The Interest Rate On My Card And Raise My Credit Limit? http://www.myinvestingblog.com/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/ Teach Your Money To Think! Fri, 10 Feb 2012 18:37:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: What’s your credit card APR? | Financial Tips and Tools for Young Professionals - MoneyAnswerTree http://www.myinvestingblog.com/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-874 What’s your credit card APR? | Financial Tips and Tools for Young Professionals - MoneyAnswerTree Tue, 25 Mar 2008 15:54:10 +0000 http://myinvestingblog.com/2008/03/14/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-874 [...] I’ve had my Citibank Shell card the longest, and my Chase Freedom for about a year. You can see how your APR goes down the longer you have the card. Hank over at My Investing Blog answered, How can I lower the interest rate on my card and raise my credit limit [...] [...] I’ve had my Citibank Shell card the longest, and my Chase Freedom for about a year. You can see how your APR goes down the longer you have the card. Hank over at My Investing Blog answered, How can I lower the interest rate on my card and raise my credit limit [...]

]]> By: Michael http://www.myinvestingblog.com/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-873 Michael Wed, 19 Mar 2008 17:16:42 +0000 http://myinvestingblog.com/2008/03/14/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-873 This is all very true. I stumbled upon this by mistake when I was right of college with several cards. I had 4 I guess at the time, and one was really high... something like 20% or something, so I called them up and told them I had a few other cards that were below the 10% mark and wanted to transfer my balance away to them. It only took them a couple minutes to say they would lower my rate to 9.9%. I never forgot that lesson, and call my cards periodically just to keep things low. but of course the best advice on this post wasnt about lowering your rates... but PAYING OFF YOUR MONTHLY BALANCE. words to live by <em>Michael's last blog post..<a href='http://www.stockinvesting.cc/oil-prices-fall-today-on-bearish-inventory-report/' rel="nofollow">Oil prices fall today on bearish inventory report</a></em> This is all very true. I stumbled upon this by mistake when I was right of college with several cards. I had 4 I guess at the time, and one was really high… something like 20% or something, so I called them up and told them I had a few other cards that were below the 10% mark and wanted to transfer my balance away to them. It only took them a couple minutes to say they would lower my rate to 9.9%.

I never forgot that lesson, and call my cards periodically just to keep things low.

but of course the best advice on this post wasnt about lowering your rates… but PAYING OFF YOUR MONTHLY BALANCE. words to live by

Michael’s last blog post..Oil prices fall today on bearish inventory report

]]> By: hank http://www.myinvestingblog.com/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-872 hank Sat, 15 Mar 2008 22:57:55 +0000 http://myinvestingblog.com/2008/03/14/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-872 Hey Mark - thanks for stopping by and thanks for the comment! Good points to add also, people need to be AWARE of what they can and SHOULD spend before bumping it up... Hey Mark – thanks for stopping by and thanks for the comment! Good points to add also, people need to be AWARE of what they can and SHOULD spend before bumping it up…

]]> By: Mark @ TheLocoMono http://www.myinvestingblog.com/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-871 Mark @ TheLocoMono Sat, 15 Mar 2008 16:51:01 +0000 http://myinvestingblog.com/2008/03/14/how-can-i-lower-the-interest-rate-on-my-card-and-raise-my-credit-limit/#comment-871 Hey Hank, Just stumbled on your blog. Nice layout, very clean and crisp. Looking forward to checking out the rest of your site. Meanwhile, it is true that it is that easy to raise a credit limit. Based on my past experience, I would suggest those who are new to the credit card game simply take their time before even considering a request to raise their credit limit. It can take a few years to master credit card management. It may certainly be useful for those who are very successful with their credit card management skills for it would help put their credit score in their favor. Hey Hank,

Just stumbled on your blog. Nice layout, very clean and crisp. Looking forward to checking out the rest of your site.

Meanwhile, it is true that it is that easy to raise a credit limit. Based on my past experience, I would suggest those who are new to the credit card game simply take their time before even considering a request to raise their credit limit.

It can take a few years to master credit card management. It may certainly be useful for those who are very successful with their credit card management skills for it would help put their credit score in their favor.

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