Comments on: Guy is scared of calling companies, calls them, negotiates fees successfully

By: Nico

Nico — Tue, 21 Jul 2009 02:58:18 +0000

I got my fees waived! Hurray!

By: Kamal S.

Kamal S. — Mon, 20 Jul 2009 17:44:40 +0000

The fact that someone would drop reading a blog with useful information because of one tacky pic of a confused little girl says volumes about the inhibitions and inner world of the person willing to drop a source of information that has been useful to him because of one slightly tacky gaffe.

It is a sort of cowardice, to not confront things and engage, with openness, but rather to run away. I am not trying to be mean. But simply to encourage introspection. IF you found this blog to be useful, why abandon it without recourse because of one tacky act by its writer?

By: Nathan's twin

Nathan's twin — Sun, 19 Jul 2009 03:02:20 +0000

I had the same situation as Nathan (called resulted in credit limit cut and interest raised) What am I doing wrong? My goal was to pay down debt and buy a home before I die. Now, I can’t even apply for a job with a low credit rating or even move anywhere cheaper. I’m screwed.

By: Scott

Scott — Wed, 08 Jul 2009 16:56:41 +0000

Today I found out that I got a late fee on my credit card…for $39! Like some people, I usually don’t like calling companies to negotiate things like this, and I actually work for the bank that handles my credit card! But I called and got the fee removed with no resistance from the service rep whatsoever. Took about two minutes total. Worst they can do is say “no” right? So what do you have to lose besides a few minutes of your time?

By: Pete

Pete — Sat, 04 Jul 2009 23:09:27 +0000

Lohan Pic. Tacky. Exploitive. Sad. Dropping your blog. Bye!

By: Bobby

Bobby — Fri, 03 Jul 2009 01:14:18 +0000

Hi I’ve called both CapitalOne and Bank of America countless of times so far to reduce my APR from 22% and 25% respectively and they haven’t done so. The only knock I have against me is that they both have high credit balances.

So the lesson here make sure you’re making aggressive payments 2 or 3 times the minimum payments to have an opportunity at a chance of getting it lowered. I can’t make that much of an aggressive payment right now, so I’m stuck paying the minimums.

By: Liz

Liz — Wed, 01 Jul 2009 05:53:18 +0000

They must get people a lot with that… I did the same thing a few months ago when I found $89 charged from them on my banking statement. Strangely enough, they were really nice about it as well. Took only a second and they gave me my money back.

By: Nathan

Nathan — Tue, 30 Jun 2009 00:19:18 +0000

Oh and I do pay off my card in full each month by the way.

By: Nathan

Nathan — Tue, 30 Jun 2009 00:17:34 +0000

Hi Ramit,

I loved your book and have utilized most of the information. Unfortunately, I had a very negative result today in trying to raise my credit limit. I tried to use your scripts as my guide and was firm and clear without being a jerk when speaking to a Bank of America credit analyst (my card is a Bank of America Mastercard) but not only did I fail, he cut my credit limit by 44% due to my modest income!!! He tried to cut my limit by 50% and I had to negotiate back up! Ugh. Clearly this will negatively effect my FICO score. Please help. Is there anything I can do? I do have an excellent credit rating and my FICO score is high…or was before that call. Any help would be greatly appreciated.

By: venhi

venhi — Mon, 29 Jun 2009 17:12:21 +0000

This is a great blog..I wonder why financial literacy is not taught in schools. As a former school teacher I hope American teens are also subscribing to it. Ramit, ever think of targeting that specific demographic? Just a thought.

Keep up the amazing work!
-Joe