A little corner to discuss credit cards
That is a considerable reduction, especially if you have the kind of interest rates associated with a credit card for bad credit. Two of the most important determinants of whether a customer got a rate reduction were their credit rating and the length of time they had had their credit card. If your credit rating is poor, emphasize how long you have been the company's customer, how you have regularly paid your bills by the due date, and the small percentage of your credit line you are currently using, since these are other important factors that the credit card company will take into account. So call to ask your issuer to lower your interest rate, and be friendly but persistent. You have an excellent chance of convincing them to lower your interest rate significantly.