Comments on: Paying Off Credit Cards With The Credit Card Snowball http://www.thehappyrock.com/2009/04/08/paying-off-credit-cards-with-the-credit-card-snowball/ Getting out of Debt, Getting off the Couch, and Getting into Life Sun, 29 Jan 2012 16:23:20 +0000 hourly 1 http://wordpress.org/?v=3.1 By: garrett @ debt eagle http://www.thehappyrock.com/2009/04/08/paying-off-credit-cards-with-the-credit-card-snowball/comment-page-1/#comment-12443 garrett @ debt eagle Mon, 28 Jun 2010 21:23:56 +0000 http://www.thehappyrock.com/?p=2153#comment-12443 Calling and asking for a better interest rate is definitely good advice. Ive read recently that about 50% of people who call up their credit card company and just ask for a lower rate, get it the 1st time they call. Also if they won't lower your rate when you call, call back the next day and you might have better luck talking to another representative. Its a quick phone call and is one of the easiest things to help debt. Calling and asking for a better interest rate is definitely good advice. Ive read recently that about 50% of people who call up their credit card company and just ask for a lower rate, get it the 1st time they call.
Also if they won’t lower your rate when you call, call back the next day and you might have better luck talking to another representative.
Its a quick phone call and is one of the easiest things to help debt.

]]> By: The Happy Rock http://www.thehappyrock.com/2009/04/08/paying-off-credit-cards-with-the-credit-card-snowball/comment-page-1/#comment-9331 The Happy Rock Thu, 09 Apr 2009 18:00:08 +0000 http://www.thehappyrock.com/?p=2153#comment-9331 @Ed - I agree. Doing some research to find some offers on the net doesn't take but a few minutes, but you can also say something like 'there are plenty of companies that are willing to transfer my balance at rates closer to 5%'. You often don't need to mention any specific offers to be forceful. Also, if the service rep is giving you a real hard time, just call back and get a different service rep. @Ed – I agree. Doing some research to find some offers on the net doesn’t take but a few minutes, but you can also say something like ‘there are plenty of companies that are willing to transfer my balance at rates closer to 5%’. You often don’t need to mention any specific offers to be forceful.

Also, if the service rep is giving you a real hard time, just call back and get a different service rep.

]]> By: ed http://www.thehappyrock.com/2009/04/08/paying-off-credit-cards-with-the-credit-card-snowball/comment-page-1/#comment-9330 ed Thu, 09 Apr 2009 17:31:37 +0000 http://www.thehappyrock.com/?p=2153#comment-9330 Unless I actually have an offer in my hand, I think Step two is dishonest. You may say..."that is the way the game is played". And I agree with that, however it is still lying to tell them that you are going to transfer a balance to a card that doesn't exist. Unless I actually have an offer in my hand, I think Step two is dishonest.

You may say…”that is the way the game is played”. And I agree with that, however it is still lying to tell them that you are going to transfer a balance to a card that doesn’t exist.

]]> By: Rose http://www.thehappyrock.com/2009/04/08/paying-off-credit-cards-with-the-credit-card-snowball/comment-page-1/#comment-9329 Rose Thu, 09 Apr 2009 13:47:27 +0000 http://www.thehappyrock.com/?p=2153#comment-9329 This is a cool way of getting rid of your credit card debts--but you have to grit your teeth to stay en-route. Yeah, I feel envious of other people being able to bring home the latest gadget through card use but I was burnt badly by debts before so I'm always forced to swallow my envy. Now--I'm glad 'I save first before I buy.' It's better than 'buy now and pay later--with high interest rates.' :) This is a cool way of getting rid of your credit card debts–but you have to grit your teeth to stay en-route. Yeah, I feel envious of other people being able to bring home the latest gadget through card use but I was burnt badly by debts before so I’m always forced to swallow my envy. Now–I’m glad ‘I save first before I buy.’ It’s better than ‘buy now and pay later–with high interest rates.’ :)

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