Sallie Mae APR question

[Anonymous]

I'm trying to think back but has anyone had success lowering their APR below the 13.99% (guess it is 14.24% now)?  Planning on calling tomorrow for the APR/CLI routine and was curious if others have had it lowered below their 'lowest' rate.

[creditguy]

This person claims to have gotten it to 9.99%

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Barclays-Sallie-Mae-dropped-my-APR-from-13-99-...

[CreditCuriosity]

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@Anonymous wrote:

I'm trying to think back but has anyone had success lowering their APR below the 13.99% (guess it is 14.24% now)?  Planning on calling tomorrow for the APR/CLI routine and was curious if others have had it lowered below their 'lowest' rate.

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I think I have seen one or two cases of success on the SM getting lower APR's than the publised lowest APR which you mentioned.  When is the past time you tried?  Believe they will lower it every 6-7 months obviously if you qualify (which you should )..  Mine is currently at 16.99 started out at 21 or 22.x forgot.  Got it lowered about 4 months ago and call each and every month to try to get it down lower, just to see if I can.  Eventually they will cave again.

[Anonymous]

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@creditguy wrote:
This person claims to have gotten it to 9.99%

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Barclays-Sallie-Mae-dropped-my-APR-from-13-99-...

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Thanks for the link.

[Anonymous]

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@CreditCuriousity wrote:

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@Anonymous wrote:

I'm trying to think back but has anyone had success lowering their APR below the 13.99% (guess it is 14.24% now)?  Planning on calling tomorrow for the APR/CLI routine and was curious if others have had it lowered below their 'lowest' rate.

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I think I have seen one or two cases of success on the SM getting lower APR's than the publised lowest APR which you mentioned.  When is the past time you tried?  Believe they will lower it every 6-7 months obviously if you qualify (which you should )..  Mine is currently at 16.99 started out at 21 or 22.x forgot.  Got it lowered about 4 months ago and call each and every month to try to get it down lower, just to see if I can.  Eventually they will cave again.

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This will be my first attempt.  Just passed my 8th statement so I'm lagging behind in trying 

[CreditCuriosity]

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@Anonymous wrote:

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@CreditCuriousity wrote:

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@Anonymous wrote:

I'm trying to think back but has anyone had success lowering their APR below the 13.99% (guess it is 14.24% now)?  Planning on calling tomorrow for the APR/CLI routine and was curious if others have had it lowered below their 'lowest' rate.

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I think I have seen one or two cases of success on the SM getting lower APR's than the publised lowest APR which you mentioned.  When is the past time you tried?  Believe they will lower it every 6-7 months obviously if you qualify (which you should )..  Mine is currently at 16.99 started out at 21 or 22.x forgot.  Got it lowered about 4 months ago and call each and every month to try to get it down lower, just to see if I can.  Eventually they will cave again.

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This will be my first attempt.  Just passed my 8th statement so I'm lagging behind in trying 

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Definitely give them a call and ask about APR reduction and once transferrred hopefully you will get that and obviously ask for the SP CLI after done getting the better APR

[Themanwhocan]

I have one Sallie Mae card at 9.99% and one at 12.99% APR.

[-Cal-]

Mine is at 12.99%

[Anonymous]

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@Themanwhocan wrote:

I have one Sallie Mae card at 9.99% and one at 12.99% APR.

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That is so epic. You don't normally see such low APRs like that on rewards cards as lucrative as SM.

[Anonymous]

In reading on this board the last couple of months I have seen reductions below the best rate of 13.99% from 1% to about 3%+. Also, that you can call every six months (no guarantees on reduction). Forgot, I called in and no CLI but a 1% Apr reduction to 12.9%.