I have great credit, low debt and always pay my bills on time... my card says I'm getting 15.74% APR. Is that too high?
2006-11-20 07:11:40 · 5 answers · asked by Jason 6 in Business & Finance ➔ Credit
15.74 is farely good for a credit card but if you had a car loan or personal loan,15.74 would be considered high.
2006-11-20 07:34:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, that is way too high.
You can contact the credit card company and request a much lower rate.
I did exactly that and got my rate down to 9.6%.
Now I pay off any charges when the bill comes in, so no interest at all.
2006-11-20 07:16:22 · answer #2 · answered by festus_porkchop 6 · 0⤊ 0⤋
That's an interesting question
2016-08-23 11:03:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If your FICO is above 750 you should be able to find a zero interest rate on a card Try Chase or CITI. Likely you should be able to drop into the low half of single digit rates.
2006-11-20 07:19:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
That's pretty high.
Look for 6-9 percent.
2006-11-20 07:18:40 · answer #5 · answered by Brian L 7 · 0⤊ 0⤋
Your APR depends on ur credit score. 15.47% is rather high. You should go for credit cards that can give you between 7.9 and 9.9% interest rates.
2006-11-20 07:19:28 · answer #6 · answered by arunhn 3 · 1⤊ 0⤋
0%
If you have made payments on time many people rotate from 1 0% to another when the 0% term expires.
Here is some additional info. Hope this helps.
2006-11-20 09:23:30 · answer #7 · answered by Anonymous · 0⤊ 0⤋