So! As I'm sure most, if not all of us have personal credit card debt that affects our daily lives (and wallets), I wanted to encourage you to take a proactive step in lowering your current APR rate (unless, of course, it's currently zero then by all means, disregard)!
Today I thought about the fact that my zero percent rate was going to expire soon, so (just for fun!) I called up my CC company to ask if they would extend the zero percent interest rate for a few months. The APR specialist agreed that this was a good idea, but said he wasn't able to extend the zero percent rate for me. He DID, however, offer to look into the significantly low promotional rates and offered me a 3% rate on all new purchases, noting that there are rates sometimes as low as 1% and when this one expires I can ask for another low promo rate! So, knowing that the difference between having a 3% rate as opposed to a 10% - 19% rate (as most people have) or higher can mean a world of tangible savings, I thought I'd at least pass the information on to those who want to call their own CC companies and ask for the lowest rate and/or fixed rate available today! ESPECIALLY considering the significant amount of CC purchases during this time of the year!
OH! I know some of you have heard this before, which I had as well, but there's a big difference between knowing and making it happen! Word!! Anyway, Happy Holidays and here's to being smart about throwing money away on interest! :)