Asking for a Lower Credit Card Rate

Chase Credit Cards

Hi,

I am having the same problem with Chase. I wound up with three credit cards with them, one of them being my business card that I use for the business I run. One of my credit cards is charging 29 percent interest. I am retired and on a fixed income and I am struggling to make these payments every month. I think I now have ulcers over the whole thing.

If anyone gets any kind of help with these interest rate issues, please contact me. Thanks.

Shannon Elwell of GA @ Oct 12, 2009 23:35:35 PM

non negotiable

I just called my Chase card. They worked with me in the past by lowering my interest rate from 20.99% to 13.99% over a year ago. It just shot back up to 20.99% again. So, I called today and they refuse to work with me. My balance is $5,100.00 and I've been with them ten years now. NEVER EVER been late with a payment and NEVER always paid what was due OR MORE than was due. Still won't work with me. Instead they want me to cut my card up, close the account with offering me a 12 months rate of 8% interest being $77.00 a month payments and after the 12 months it will go back to the 20.99% rate at regular payments as now. What good is that? I was firm with them. Had them look at my history and she agreed the history is great, but still insisted couldn't work with me on lowering the interest rate. I told her I would have to go to debt counseling then where they negotiate and cut my balance due in HALF for me to pay them off that way. She didn't care. She said it will hurt my credit score. Truthfully at this rate I don't care. I don't plan to buy a house or anything to be concerned about the credit score. I just want to PAY THEM OFF reasonably. So, go figure. still she said she couldn't do anything for me. I heard Chase is bad to work with...now it's proven that they are.

Nancy

Nancy of FL @ Jul 15, 2009 19:27:13 PM