Have you asked for a credit card rate reduction?..Check out this Nightline piece

Hi, I was watching Nightline the other evening and they had an amazing piece about a financial advisor, Ellie Kay, who you may have heard of….has a best selling book: Living Rich for Less. (Click here if you want to check out Ellie's site.)

Ellie coached a women who had amassed big credit card balances to simply call the credit card companies and ask, nicely and persistantly for a lower rate.  On the show, through a very nice phone call, she reduced one rate from 14%  down to 9%….  HUGE if you have a big balance and are looking to pay it down over quite a few years. Click here to go to the Nightline piece.

I thought I would pass this on….just one more simple thing that might help some of you midlifers who are struggling with credit card debt!

Please share your comments!

Barb