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Old 05-26-2009, 05:45 PM
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Default Credit Card Rate/Interest Negotiating ??

Is there a way to negotiate interest or have some interest due removed from credit card debt? I know someone that tried calling the cc company and they wouldn't do anything. Basically, they just don't feel or want to pay the huge amount of interest acquired in 2 years at close to 30%.

Obviously, I know that it is due and an obligation, but wondering if anyone has experience with this or if any credit card help firms are reputable that may be able to help?
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Old 05-26-2009, 05:56 PM
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I wish I knew the secrets to that as well.

I have had NO LUCK at all getting any companies to bring their APRs down. I have tried negotiating interest rates with several different CC companies.......even threatened to close the acct.
My worst one is Chevron........it's at like 29% interest.

Would like to hear if anyone out there has had luck with this.
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