{"id":6332,"date":"2016-02-01T22:35:35","date_gmt":"2016-02-01T22:35:35","guid":{"rendered":"\/?p=6332"},"modified":"2018-12-28T20:25:46","modified_gmt":"2018-12-28T20:25:46","slug":"get-control-of-those-hectic-interest-rates-in-two-simple-steps","status":"publish","type":"post","link":"https:\/\/financeguidetoday.com\/credit\/credit-cards\/get-control-of-those-hectic-interest-rates-in-two-simple-steps\/","title":{"rendered":"Get Control Of Those Hectic Interest Rates In Two Simple Steps"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Are you throwing a lot of money at your credit card debt, but aren\u2019t seeing a <\/span><span style=\"font-weight: 400;\">real <\/span><span style=\"font-weight: 400;\">difference? This is common where the borrower may be making the monthly payments on time, but still seeing a high balance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s the issue. If you\u2019re carrying around a $5,000 credit card debt where you\u2019re making the minimum payment of let\u2019s just say $200 per month, most of that money is going directly towards interest. At that rate, you could be years paying that off. In cases like this, you need a smart plan. One that\u2019ll get you out from under the clutches of those high interest rates and into the \u201carms\u201d of 0% APR.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The first thing you should do is find a credit card that\u2019s offering a 0% APR for at least 12 months. Once you find that card, you want to make the transfer from your old card to your new card.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the transfer, keep up with the same monthly payments you\u2019ve been making. This money is now going straight to principal. Before you know it, your balance will be down considerably. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Try this right away to get a handle on those hectic interest rates.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you throwing a lot of money at your credit card debt, but aren\u2019t seeing a real difference? This is common where the borrower may be making the monthly payments on time, but still seeing a high balance. Here\u2019s the issue. If you\u2019re carrying around a $5,000 credit card debt where you\u2019re making the minimum [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7094,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts\/6332"}],"collection":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/comments?post=6332"}],"version-history":[{"count":0,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts\/6332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/media\/7094"}],"wp:attachment":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/media?parent=6332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/categories?post=6332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/tags?post=6332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}