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How To Negotiate With Credit Card Companies

Watch more Credit & Credit Cards videos: Subscribe to Howcast's YouTube Channel - With a little effort and these tips, you can successfully negotiate with credit card companies. Howcast uploads the highest quality how-to videos daily! Be sure to check out our playlists for guides that interest you: Subscribe to Howcast's other YouTube Channels: Howcast Health Channel - Howcast Video Games Channel - Howcast Tech Channel - Howcast Food Channel - Howcast Arts & Recreation Channel - Howcast Sports & Fitness Channel - Howcast Personal Care & Style Channel - Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional videos, Howcast brings you experts who provide accurate information in easy-to-follow tutorials on everything from makeup, hairstyling, nail art design, and soccer to parkour, skateboarding, dancing, kissing, and much, much more. Step 1: Contact card company Call your credit card company. Step 2: Ask for better deal Ask nicely if they will lower your interest rate. Tip Remind them of your history with them and consistent on-time payments. Step 3: Present other offers Mention other, more appealing offers you have received from their competitors. Step 4: Ask for a settlement Ask them if they will agree to a reduced settlement. Warning Settling on a credit card debt for lower than what you owe will hurt your credit score. Step 5: Improve your credit rate Improve your credit rating, which can get you a better interest rate, by paying bills and minimum balances on time, and by checking your credit reports for incorrect information and correcting them. Did You Know? Did you know? In 2008, 84 percent of undergraduates had at least one credit card.
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