How to Get Lower APR
Q: Is it possible that the bank will lower your APR for your credit card by just calling or asking them?
A: After you got a credit card and you are doing all the payments in time for 6mnths or more then you can ask them for lowering your APR. Then the bank will look after at your account details and credit history and then they can decide whether to lower the APR or not. But for this you have to call them few times and remind them to do that.
Q: I had got a credit card 8 months back with a 17.6% APR and i had paid off all the balances in time each month and now have a credit score above 700. Is it the right time to ask the bank for lower APR or I must wait for this?
A: As you are having a good credit history then you can ask them to lower your APR. But you have to call them again and again for this as they will say 'NO' each time. You must also ask the supervisor for the same till they start working on the procedure and also ask the reasons for saying no to you.
Q: I had a credit card with high APR and my credit score is good. I want to know how to get a lower APR?
A: You can ask your credit card company and ask for lowering APR. You can also apply for the another credit card with low APR which you can easily foind out after serching online about their reviews and comparing their prices.
Q: I am thinking of transfering my home equity balance loan for getting a low APR credit card. Can it be possible? Any help!
A: As I know home equity loan is a secured loan and the credit card companies transfer unsecured debts and debt consolidation. The bank will not allow the balance transfer. Better would be to refinance the loan at mimimum or no closing cost. For getting more details you must ask your bank or the credit card company.
Q: I am asking for lowering my 29.99% APR to the bank for many weeks but the bank is not ready to hear it as well. What must I do?
A: If your bank is not replying for your call then tell them that you are about to close your bank account then the bank will respond to you immediately and you put your query before them.
A: After you got a credit card and you are doing all the payments in time for 6mnths or more then you can ask them for lowering your APR. Then the bank will look after at your account details and credit history and then they can decide whether to lower the APR or not. But for this you have to call them few times and remind them to do that.
Q: I had got a credit card 8 months back with a 17.6% APR and i had paid off all the balances in time each month and now have a credit score above 700. Is it the right time to ask the bank for lower APR or I must wait for this?
A: As you are having a good credit history then you can ask them to lower your APR. But you have to call them again and again for this as they will say 'NO' each time. You must also ask the supervisor for the same till they start working on the procedure and also ask the reasons for saying no to you.
Q: I had a credit card with high APR and my credit score is good. I want to know how to get a lower APR?
A: You can ask your credit card company and ask for lowering APR. You can also apply for the another credit card with low APR which you can easily foind out after serching online about their reviews and comparing their prices.
Q: I am thinking of transfering my home equity balance loan for getting a low APR credit card. Can it be possible? Any help!
A: As I know home equity loan is a secured loan and the credit card companies transfer unsecured debts and debt consolidation. The bank will not allow the balance transfer. Better would be to refinance the loan at mimimum or no closing cost. For getting more details you must ask your bank or the credit card company.
Q: I am asking for lowering my 29.99% APR to the bank for many weeks but the bank is not ready to hear it as well. What must I do?
A: If your bank is not replying for your call then tell them that you are about to close your bank account then the bank will respond to you immediately and you put your query before them.
Labels: How to Get Lower APR
posted by Diana | 10:19 AM
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