Ask the Dolans: Will credit card counseling lower my interest rate?

Ken and Daria Dolan, America's first family of personal finance, answer your questions every Friday. Click here to ask Ken and Daria your question.

Dear Ken and Daria,

If you use a debt counselor, and agree not to charge anything else to your card, is it true that the bank is required to lower your interest rate?

--Freeman

To learn about debt management strategies that really work, visit Dolans.com.


Increase your money and finance knowledge from home

Timing Your Spending

How to pay less by changing when you purchase.

View Course »

Goal Setting

Want to succeed? Then you need goals!

View Course »

Add a Comment

*0 / 3000 Character Maximum