@Anonymous wrote:How does one negotiate their APR down? is this common?
im closing in on 760 and should be there within a month. 7 of 8 cards are over 22%
Just call or chat with a rep and ask if you're eligible for an APR reduction. Some lenders are more lenient or allow more frequent reductions than others but all you have to do is reach out and ask - worst case is they say no. The only lender I know of that's really weird abt it is PenFed.
@thornback wrote:
@Anonymous wrote:How does one negotiate their APR down? is this common?
im closing in on 760 and should be there within a month. 7 of 8 cards are over 22%
Just call or chat with a rep and ask if you're eligible for an APR reduction. Some lenders are more lenient or allow more frequent reductions than others but all you have to do is reach out and ask - worst case is they say no. The only lender I know of that's really weird abt it is PenFed.
I do recall reading about PenFed APR reduction ask. IIRC, it was stated in a post it would require a HP.
@AllZero wrote:
@thornback wrote:
@Anonymous wrote:How does one negotiate their APR down? is this common?
im closing in on 760 and should be there within a month. 7 of 8 cards are over 22%
Just call or chat with a rep and ask if you're eligible for an APR reduction. Some lenders are more lenient or allow more frequent reductions than others but all you have to do is reach out and ask - worst case is they say no. The only lender I know of that's really weird abt it is PenFed.
I do recall reading about PenFed APR reduction ask. IIRC, it was stated in a post it would require a HP.
Yep. I've read that it may be a HP or they just say they don't do APR reductions at all - so I've never even bothered trying with them. Weirdos.
@thornback wrote:
@AllZero wrote:
@thornback wrote:
@Anonymous wrote:How does one negotiate their APR down? is this common?
im closing in on 760 and should be there within a month. 7 of 8 cards are over 22%
Just call or chat with a rep and ask if you're eligible for an APR reduction. Some lenders are more lenient or allow more frequent reductions than others but all you have to do is reach out and ask - worst case is they say no. The only lender I know of that's really weird abt it is PenFed.
I do recall reading about PenFed APR reduction ask. IIRC, it was stated in a post it would require a HP.
Yep. I've read that it may be a HP or they just say they don't do APR reductions at all. Weirdos.
Lolz, yes they can be weirdos. 
I still like them still. 
I did get a nice auto APR reduction though.
@AllZero wrote:
@thornback wrote:
@AllZero wrote:
@thornback wrote:
@Anonymous wrote:How does one negotiate their APR down? is this common?
im closing in on 760 and should be there within a month. 7 of 8 cards are over 22%
Just call or chat with a rep and ask if you're eligible for an APR reduction. Some lenders are more lenient or allow more frequent reductions than others but all you have to do is reach out and ask - worst case is they say no. The only lender I know of that's really weird abt it is PenFed.
I do recall reading about PenFed APR reduction ask. IIRC, it was stated in a post it would require a HP.
Yep. I've read that it may be a HP or they just say they don't do APR reductions at all. Weirdos.
Lolz, yes they can be weirdos.
😂 come to think of it - I got one of those autos too...
I still like then also...
@AllZero wrote:
... I did get a nice auto APR reduction though.
Not funny. 
Not funny at all!. 
Not even one little bit funny.
My insurance went down considerably after building my credit, roughly $700/year decrease although there could have been other factors included as I wasnt tracking everything like I am now.
Fico 604 with only a closed auto, a couple 30d, and no cards, got my first card and got up to fico 764 and 30d's aged off and when my plan renewed I got a huge decrease in premiums.
I don't think anything else changed, I've had the same plan for 10y+
