Rising Inflation, Time to Lower Your Interest Rates!
With rising inflation, it's more important than ever to get expenses under control.
High interest doesn’t have to be a nail in the coffin; there are many methods to getting a lower interest rate.
How to Lower Your Interest Rates
Call Your Lender
Yes, it’s that simple! You can negotiate a lower rate by calling your credit card company or loan lender.
Transfer Your Balance
A balance transfer card lets you consolidate your credit card debt. This is better if you’re accruing interest on multiple cards since you can put it all on one account.
A Debt Management Plan
By reaching out to a nonprofit credit agency, you can set up a debt management plan. The nonprofit will help you create a payment schedule and lower your interest payments.
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