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American Express- lower interest rate on Pay over time?

athenax3
New Visitor

American Express- lower interest rate on Pay over time?

So we have a small business Amex. Under the advice of our mortgage lender when we were trying to buy our home- we used it to pay off some suppliers. It was too much to charge all at once and long story short, we now have a massive pay over time balance with Amex- at a crazy high interest rate. We have put a serious dent in the balance by over paying each month- but that interest is killing us. Will Amex lower the interest on a pay over time balance or is our only alternative to take out a loan with better terms to pay it off?

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1 REPLY 1
Anonymous
Not applicable

Re: American Express- lower interest rate on Pay over time?

How about considering a balance transfer to a 0% card?

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