Capital One finally agreed to lower my interest rate...

[Aurora D]

Just thought I'd share some good news. A few years ago my husband was laid off and we fell behind in payments on almost everything. My cc interest rate went up to 29.45%. Loan shark rates in my opinion! Well, after paying on time for over a year I finally got a supervisor to lower my rate....back down to it's original 5.65% !! Yahoo! Only $1900 more to pay and that will be the last cc paid off. Now I have to snowball that extra interest money into med bill payments. Things are looking up!

 

[*Flower*]

Congratulations!! Keep it up- you'll feel so much better when you have that last card paid off....

 

[kim929]

congratulations.. I didn't think they would lower the rate once they raised it.

 

[Tgtown]

Congrats on getting them to lower your rate and good luck snowballing those med bills.

 

[mafibisha]

Just thought I'd share some good news. A few years ago my husband was laid off and we fell behind in payments on almost everything. My cc interest rate went up to 29.45%. Loan shark rates in my opinion! Well, after paying on time for over a year I finally got a supervisor to lower my rate....back down to it's original 5.65% !! Yahoo! Only $1900 more to pay and that will be the last cc paid off. Now I have to snowball that extra interest money into med bill payments. Things are looking up!

Congratulations, that's great!

Quick question, and I probably know the answere here (or SHOULD know lol)

Before they lower your rate, do they have to check your credit scores? And if so, does that count as a *hard pull (I think that's what it's called?)

 

[Free4Life11]

Congrats!

I called Chase and they still refuse to lower my rates. I was never late on a payment, they just decided to raise it by 4% for the hell of it. Well they can go you-know-what themselves for all I care. I will be so glad when that card is paid off and to be DONE with them!