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First things first, you need to analyze the scenario. You need to know what you’re working with before you pick up the phone. If you have a strong credit profile, this is going to be a leverage point for you. If you’re doing things right and have been for some time, use it to your advantage.
A lot of people we talk to don’t know you can negotiate with the credit card companies. While you may be told no more times than not, there’s ways to make your case.
Most of you know what you need to do.
Make your payments on time
Pay down your credit card debt
No applications for new credit or keep it minimal
Get rid of marks on your credit
(3) Find Better Credit Cards
Your current credit card issuer doesn’t want you to leave them. They may not say it out loud but deep inside, they don’t want you to go anywhere. This is especially true for those of you that have been around for a long time.