credit card APR

How to Negotiate With Credit Card Companies: I Got My APR Lowered (Here’s How)

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negotiating credit card interest rates

I was paying 24.99% APR on my credit card. That’s insane. But I just… accepted it? Then someone told me, “you can call and negotiate with credit card companies to lower your rate.” I was sceptical. Why would they just lower my interest rate because I asked nicely? But I tried it anyway. One phone … Read more

What is APR: Didn’t Understand It and Paid $1,847 in Interest

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apr interest rate explanation illustration

I got my first credit card at age 22 and had absolutely no idea what “24.99% APR” meant. I didn’t care either; I just wanted the card so I could shop and build credit history. Interest rates seemed like something I would worry about later. Spoiler alert: “later” came quickly, and it turned out to … Read more