The market for credit cards is saturated. Most Americans have multiple cards. It is very costly for banks that issue credit cards to attract new customers; they will often go to great lengths to retain current customers. You can use this leverage in your favor to lower your interest rate if you carry a balance. Trent Hamm explains how: http://www.thesimpledollar.com/a-step-by-step-guide-to-getting-your-credit-card-interest-rates-reduced/
No comments:
Post a Comment