About Us

Authors

Policies

Past Contributors

« The Gendered Slide into Bankruptcy | Main | Welcome to Professors Block-Lieb and Janger »

PIRG to the People!

posted by John Pottow

I thought Credit Slips readers might be interested to hear that PIRG has come up with a telephone script to help consumers negotiate rate adjustments (i.e., lowerings) on their personal credit cards.   Some lenders interviewed for a newspaper article said, sure they lower rates sometimes, but they were (understandably) coy about giving specifics on quantities.

January 21, 2007 at 9:13 PM in Consumerism , Debt Collection | Comments (2) | Permalink

Comments

CAn you give a specific link on the script to which you refer?

Posted by: Ken Doran | January 22, 2007 at 10:23 PM

Basically, the script is simple: "Hi, I just looked at my statement -- compared to the offers I am getting -- my interest rate seems way too high...What can you do for me (optional add-ons) I am a good/longime customer...Thinking of taking up one of these offers..."

You can find our report Deflate Your Rate here http://tinyurl.com/2u2bl6 and you can find our main credit card pages here http://uspirg.org/financial-privacy-security/the-truth-about-credit Sorry for the long urls, that is why I made the tiny one.
Ed Mierzwinski
Consumer Program Director
USPIRG

Posted by: Ed Mierzwinski | February 25, 2007 at 07:08 AM

The comments to this entry are closed.

Categories

Recent Posts

Archives

NEWS FEED

Subscribe to this blog's feed

Google Search

  • Google

    search the Internet
    search Credit Slips

Bankr-L

  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click on this link and then click on the button for "Join or leave the list." After completing the information there, please also send an e-mail to Professor Lawless (rlawless-at-law-dot-uiuc-dot-edu) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.

OTHER STUFF

Powered by TypePad