Your current lender should be last lender that you obtain a quote from, but you should definitely contact them when you are thinking of refinancing. Get together quotes from other lenders, and then approach your current lender and ask them to meet, or even better, beat those quotes.

You can also ask them to waive certain settlement costs and other fees involved since you are already an established customer and your lender may have customer retention programs, but you will need leverage before you do this. That leverage should come in form of quotes from your lender’s competitors.

In fact, your lender may opt to just decrease interest rate you are currently paying, thereby allowing you to avoid settlement costs altogether.

Note: The following is part 1 of a 5 part series, Over course of these next 5 articles, I am going to introduce you to several methods for maximizing use and benefits of best Credit Cards and offers on market today. This information, when used in conjunction with one another, is unlike anything you’ve ever seen before. I like to call this approach, “5 SuperCharged Secrets to Credit Card Utopia.”

1.SECRET 1: I AM THE CONSUMER. AND I HAVE LOW-RATE SUPER-POWERS! 2.SECRET 2: INTEREST BEWARE, THERE’S SAFETY IN NUMBERS! 3.SECRET 3: TURBO-CHARGED KILLER RATE SAVING INFORMATION! 4.SECRET 4: YOU SCRATCH MY BACK, AND I’LL BUY SOME MORE BEER! 5.SECRET 5: LIVING IN CREDIT CARD UTOPIA

Without further Ado, let’s get started:

SECRET 1: I AM THE CONSUMER. AND I HAVE LOW-RATE SUPER-POWERS!

1)How would you like a zero interest credit card?

WHAT? Did you say ZERO interest? That’s like 0.00%, or .0000000%, or nothing, or nada, or no interest? Tom! Can’t be!!!

2)Actually, that’s exactly what I mean.

You can have zero interest on a perfect day, or, can you live with 4% interest? I just received a credit card offer for 4% interest (which I turned down…), but if I needed it, that is completely reasonable, don’t you think?

3)You see, you are consumer, and you have Low-Rate Super Powers!

This is a hot, credit-hungry market we’re in. There are banks and lending institutions that would do just about anything to entice you in to their little web of plastic loanery.

4)Here’s Secret #1 revealed:

Credit Card companies are competing with each other, by offering consumers like us, low-interest, to no interest, balance transfers on already existing debt. Granted, these are usually (but not always…) limited to a time period like 6 months…

But, what do you care? 6 months of zero interest is certainly MUCH better than 6 months of 19% interest, RIGHT?