cancel
Showing results for 
Search instead for 
Did you mean: 

Credit card interest rates

Established Member

Credit card interest rates

My credit scores are in the high 600's to low 700's. I had high utilization of credit cards (a lot of credit card debt) and my credit card companies have increased my interest rates. I am paying over 18% on most of them. In the past month I have paid off most of my credit card debt. Credit reports of course have not been updated and so far I have been turned down for lower interest rates. I am hoping once the credit reports are updated, I can get lower rates. What interest rate is everyone else paying???
Message 1 of 4
3 REPLIES
Moderator Emeritus

Re: Credit card interest rates

Turned down by who? Your exisiting CCCs, or are you being declined for new cards?
Message 2 of 4
Moderator Emeritus

Re: Credit card interest rates

even with your good scores- we have seen APR's go into the 30's
Get your UTL down and updated to your reports  before you do anything.
Message 3 of 4