RSSAs an active duty military can i get my credit card interest rates lowered while I’m home?
Dec 06
Credit Card Interest Active Duty, Credit Card Interest, Credit Card Interest Rates, Interest Rate, Soldiers And Sailors 2 Comments
When I was deployed to Iraq my interest rate was 4%. Now that I am home my credit card interest rate got high. Now the soldiers and sailors act is only for debts acquired before the military. I got my credit card after I joined. Any suggestions on how to get it lowered.
Dec 09, 2008 @ 10:10:32
There’s nothing that will lower it because you’re military (unfortunately). It only works when you’re deployed. Sometimes you can call them up and ask them to lower it though. They may check your credit, but sometimes it works.
Dec 12, 2008 @ 06:58:15
call the credit card company and ask. also, check out some credit unions (navy federal or pentagon federal for instance) or a local one in your community as they have lower interest rates than your bank or large credit card issuer. Most credit unions can be joined for about $10.00, which is still your money, and entitles you to many benefits. Most are now “community chartered” which means if you live in the community, you can join.
thank you for serving!