Tips to help you lower your credit card APR - FOX 26 News | MyFoxHouston

Tips to help you lower your credit card APR

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Credit card rates can inch up pretty high if you don't keep an eye on them.  It happens because of lowered credit ratings or late payments, but it's not impossible to push that number back down.  

Many people don't keep an eye on their credit card's APR.  Instead, they just pay their monthly bill without paying attention to whether or not it has gone up.  Credability, a local non-profit credit counseling service, says a credit card's APR can be as low as 10 percent.  There's no law about how high an APR can go, but the average is at almost 30 percent.

If you're sitting that high, FOX 5 I-Team reporter Dana Fowle has some tips to help you bring it down.  

CLICK ON THE VIDEO ABOVE TO WATCH DANA'S REPORT.

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