The interest rates on each card was over 21% and my credit limits were maxed out. My payments were always made on time and consistently paid more than the minimums. I asked each bank to lower my APR and both refused. If the bank won't budge on the rates, then you should look elsewhere for a balance transfer. Even if you don't get a loan large enough to clear out the debt, if the effective APR is lower you're doing a positive thing towards getting out of debt.With 21% rates, finding a lower APR shouldn't be difficult. Check out other posts on the fool or the following web sites:www.bankrate.comwww.cardtrak.comwww.eyeoncredit.comYou can get a preliminary answer very quickly with a long-term APR as low as 9.9%; check out the major banks : nextcard.com , firstusa.com , americanexpress.com , capitalone.com , and citibank.com- Lan
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