The results of people simply asking their credit card companies to lower their APR are flowing in. Meet Stephen:

I bank with Chase and I have my only credit card with them and that keeps things simple…. After reading some articles on your site I decided to just call and ask them to lower my rate. They transferred me to a credit analyst who got some information from me and agreed to lower my rate back the lower rate I had been paying and also refund what I had been paying in higher interest payments. It’s all thanks to you guys at Consumerist.
You rock!

No, Stephen. You rock.— MEGHANN MARCO

The rest of Stephen’s email inside.

Reduce Credit Card APR: It Never Hurts To Ask

Consumerist,

I just wanted to say thanks. Your site really helps out and I’d like to tell you my story of how.

I bank with Chase and I have my only credit card with them and that keeps things simple. Lately they just decided to raise my APR and I made a fairly large payment on my credit card balance so when they raised my APR my newest finance charge was more than my last minimum payment. After reading some articles on your site I decided to just call and ask them to lower my rate. They transferred me to a credit analyst who got some information from me and agreed to lower my rate back the lower rate I had been paying and also refund what I had been paying in higher interest payments. It’s all thanks to you guys at consumerist.

You rock!

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