I’m not a good negotiator by nature. I get stressed out by confrontation. So, having a script helps me when it’s time to negotiate anything. Here’s a script from Lifehacker.com that anyone can use to negotiate a lower interest rate with a credit card company: “Hello. Lately, I’ve been really having to stretch my finances to make the monthly payments on this credit card, and I need to reduce the interest rate somehow. It would be convenient to keep the balance on this card, but I have some other options that could really save me some money – a zero interest balance transfer offer is sitting right here, for one. Could you reduce the interest rate on my account to, say, 9.9%?”
I haven’t tried this myself yet, but I hope it helps someone!