20 Truths About Holidays and Debt You Need to Know Right Now

Credit card companies may lower your interest rate if you ask

If you’re feeling the pinch after Christmas and you’re worried about how long it will take to pay off your Christmas debt, credit card companies and banks may be more open to lowering your interest rates than you think. If you’re in good standing, they’ll want to try and keep you as a customer lest you take your debt elsewhere.