http://www.tfgi.com/200812/stop-runaway-debt-keep-those-cards-locked-up/ Debt Consolidation, Help and Relief Fri, 22 Jul 2011 14:31:38 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.tfgi.com/200812/stop-runaway-debt-keep-those-cards-locked-up/comment-page-1/#comment-1794 San Francisco Financial Planning Mon, 08 Dec 2008 23:44:00 +0000 http://www.tfgi.com/?p=311#comment-1794 Getting out of credit card debt is hard - but good news, it can be done! Start by making it a regular practice to call your credit cards to ask for a lower rate. I have one client who owes over $20,000 on a Visa that was at 18%. He spoke with a 'rate specialist', touting his rising credit score and declining balance and got his rate cut in half, from 18% to 9%! His monthly interest charge was instantly reduced by $150, which will help him pay off his debt even sooner. Getting out of credit card debt is hard – but good news, it can be done! Start by making it a regular practice to call your credit cards to ask for a lower rate. I have one client who owes over $20,000 on a Visa that was at 18%. He spoke with a ‘rate specialist’, touting his rising credit score and declining balance and got his rate cut in half, from 18% to 9%! His monthly interest charge was instantly reduced by $150, which will help him pay off his debt even sooner.

]]>