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Tuesday, January 10, 2006

Lowering Your Credit Card Interest Rate

Getting a lower interest rate on your credit card debts can be a big help in getting them paid off faster. Of course, one way to do this is to switch your balance to a card with a lower interest rate. Unfortunately, doing this too often could have a negative effect on your credit score.

A better alternative might be to get your current credit card company to lower your rate. Sound Money Tips give some excellent suggestions on how to go about doing this in the best way in this short piece titled Tips For Lowering Your Credit Card Interest Rate.

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