Credit Cards and Debt Interview with WBZ Radio Boston
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Wednesday, December 30, 2015 with Jeff Brown of WBZ Radio Boston about asking for a lower APR on a credit card. The interview and transcript are below.
Jeff Brown: Heading into the New Year one of the most popular resolutions is to pay off debt. Contrary to what many think many credit card companies will help you lower payments just by asking. Matt Schulz from CreditCards.com.
Matt Schulz: Two-thirds of credit card holders who ask their credit card issuer for a lower interest rate were successful but only about one in four card holders have asked.
Brown: Schulz also says balance transfers are a great way also to lower interest rates.