A Compendium of Snowflaking Blogs
Every Wednesday features a snowflaking tip from one of the Snowflake Revolution member blogs. This may be a place to find snowflakes, a method to use snowflaking, or anything else I find! If you’d like a chance to be included, send links to your best snowflaking posts to me through the join page contact form.
This week’s tip comes from Lulugal at How I Save Money. Her tip is to lower the interest rates on your credit cards. When I had credit card debt, this was a strategy I employed to my advantage, both getting my interest rate on my credit card lowered by calling and asking, and then also transferring my debt to a 0% offer. Lulugal also got her interest rates lowered - sometimes even more than once! She kept calling until it worked.
Remember, the worst they can say is no. What do you have to lose?
6 Responses for "Snowflake Tip of the Week: Lower The Interest You Pay"
You’re right! That was great inspiration. I’m going to try today.
This is a great idea - just remember that just because you are paying less interest is no excuse to pay less off the balance each month.
Thanks for listing my post as a snowflake. Before I started reading personal finance blogs I did not think there was any way to get out of debt.
It was finding posts that listed simple things you can do that got me started..and keep me going.
It might be a good idea to put a note in a calendar to call the companies every couple of months until you get the results you are looking for.
Great Tips!Whole idea of snowflake motivates me everyday.Thanks so much!
Oops I just noticed I wrote my name misspelled
[...] interest rates. I’ve been saying I was going to do this for weeks. In fact, in a comment on the Snowflake Revolution, I promised I would do it that day, but wimped out. I don’t know why these calls seemed so [...]
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