 TITLE: How to Lower Your Credit Card Interest Rate CONTENT: Work on Your Credit\n-------------------\nTo that end, take a look at your credit score and check your credit reports. Correct any errors, but also verify that you've gone at least 12 months without any late or missed payments before you try to plead for an interest rate cut. If you have a sense of what your credit score has been in the past, and can confirm it has increased, that's great. Otherwise, start tracking your score each month to document improvements. Then take a look at some steps you can take to improve your credit score.\nApart from keeping all your payments timely, one area to focus on is your credit utilization. Do your best to pay down any high account balances and try to get outstanding balances (on each individual card and across all accounts collectively) below about 30% of their respective borrowing limits. The lower the rate the better, but experts agree that utilization levels greater than 30% can drag down your credit score. For the best scores, keep your utilization at 6% or lower. END