How to lower the interest on loan and credit card debt?

We will tackle this issue head to head. There are Credit card loan, mortgage, student loan and what not. The interest rate ranging from 7% to 18 %; yeah, that’s gonna eat up a big chunk of your pay check.

What you want is lower the interest you pay so you can pay less interest and get out of debt quicker. Here is something you didn’t know that can actually lower your monthly interest:

- Call your credit card company and ask them to lower your interest rate.

- Get a line of credit with lower interest rate. Borrow the money from your line of credit and pay off the high interest credit card first.

- Last and the most effective way is to get a 0% interest credit card. Use the money borrowed from 0% interest credit card to pay off your other high interest debt. (note. 0% interest promotion usually last 12 to 15 months)

You can find all the 0% interest credit cards here.