Comments on: Whimsical negotiation with your credit card company http://www.debtkid.com/whimsical-negotiation-with-your-credit-card-company Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 07:37:09 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: rd http://www.debtkid.com/whimsical-negotiation-with-your-credit-card-company/comment-page-1#comment-19696 rd Mon, 06 Jul 2009 17:50:42 +0000 http://www.debtkid.com/?p=3814#comment-19696 Well I have already had an email exchange about my request. To be expected, I got some cut-and-past responses at first, gradually yielding to a token rate reduction. Down to 22.99% now, *sarcasm on* WOO HOO! *sarcasm off* I initiated round three, we'll see how they respond. There is a full post worth of material for me to write on the evolution of a negotiation with the credit card company. Once I have the full and final story I'll write an update. Thanks for the encouragement guys. Well I have already had an email exchange about my request. To be expected, I got some cut-and-past responses at first, gradually yielding to a token rate reduction. Down to 22.99% now, *sarcasm on* WOO HOO! *sarcasm off* I initiated round three, we’ll see how they respond.

There is a full post worth of material for me to write on the evolution of a negotiation with the credit card company. Once I have the full and final story I’ll write an update. Thanks for the encouragement guys.

]]> By: bigappledebtor http://www.debtkid.com/whimsical-negotiation-with-your-credit-card-company/comment-page-1#comment-19694 bigappledebtor Mon, 06 Jul 2009 15:04:12 +0000 http://www.debtkid.com/?p=3814#comment-19694 I definitely am waiting to hear an update on this. I will be trying that with Bank of America if it works out for you. I don't use thir card for the same reason. Sometimes I have to laugh at the ridiculousness of these interest rates! I definitely am waiting to hear an update on this. I will be trying that with Bank of America if it works out for you. I don’t use thir card for the same reason. Sometimes I have to laugh at the ridiculousness of these interest rates!

]]> By: Neil http://www.debtkid.com/whimsical-negotiation-with-your-credit-card-company/comment-page-1#comment-19692 Neil Mon, 06 Jul 2009 12:45:10 +0000 http://www.debtkid.com/?p=3814#comment-19692 Hi It will be interesting to hear how they respond. A lot of financial institutions are still in "risk-avoidance" mode which might stop them taking on seemingly profitable propositions. As you say, you have nothing to lose. Hi

It will be interesting to hear how they respond. A lot of financial institutions are still in “risk-avoidance” mode which might stop them taking on seemingly profitable propositions.

As you say, you have nothing to lose.

]]> By: creditcruncher http://www.debtkid.com/whimsical-negotiation-with-your-credit-card-company/comment-page-1#comment-19691 creditcruncher Mon, 06 Jul 2009 11:51:40 +0000 http://www.debtkid.com/?p=3814#comment-19691 Good luck! As you will see in one of my future posts credit card companies can be very flexible and willing to negotiate in order to not lose a profitable customers. And of course the answer is always no if you don't ask. Good luck! As you will see in one of my future posts credit card companies can be very flexible and willing to negotiate in order to not lose a profitable customers. And of course the answer is always no if you don’t ask.

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