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Money Rehab with Nicole Lapin

Winning Financially in 2025: Getting a Deal with Your Credit Card

Fri, 10 Jan 2025

Description

If you're not negotiating these three things with your credit card company, you're leaving money on the table. Today, Nicole shows you how. It's your hard-earned money, you might as well fight for it! Listen to Nicole negotiate with her credit card company here: https://link.chtbl.com/IFiJEybg

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Transcription

How does spending impact my credit card debt?

0.189 - 20.969 Advertisement Narrator

Is it just me or is everything more expensive right now? I mean, don't even get me started on the price of eggs. And so with life getting more expensive, we probably are all spending more. But the last thing any of us want, I'm sure, is credit card debt. Enter the Chime Credit Builder Card. This is a secured credit card with no annual fees.

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21.449 - 45.002 Advertisement Narrator

You can build credit with money you set aside and avoid interest or expensive debt. Plus, you can get access to a Chime perk they call MyPay and get up to $500 of your pay before payday with no mandatory fees. And get up to $500 of your pay before payday with no mandatory fees. Start building credit with your everyday purchases and regular on-time payments

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45.462 - 68.497 Advertisement Narrator

all with no annual fees, interest, or credit check at Chime.com slash MNN. Turn your everyday purchases into steps toward your financial goals with Chime's secure credit card. Get started today at Chime.com slash MNN. That's Chime.com slash MNN. Chime feels like progress. The Chime Credit Builder Visa credit card is issued by the Bancorp N.A. or Stride Bank N.A.

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68.757 - 85.025 Advertisement Narrator

Spot me eligibility requirements and overdraft limits apply. Out-of-network ATM withdrawal and OTC advance fees may apply. Late payment may negatively impact your credit score. Results may vary. My pay eligibility requirements apply. Credit limits range from $20 to $500. Go to Chime.com slash disclosures for details.

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87.526 - 93.67 Nicole Lappin

I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab.

100.235 - 123.73 Morgan Lavoie

Hey, it's Morgan, the executive producer of the show. And as you know, this week, we are re-releasing episodes of Money Rehab that will make the biggest impact for your financial resolutions for 2025. Today's is a sneaky one. It is the three things that you absolutely should be negotiating with your credit card. And you might be thinking, is this just about credit card debt? The answer is no.

124.15 - 137.181 Morgan Lavoie

These tips will help you regardless of whether or not you're in credit card debt. Even if you have a perfect credit score, even if you love your credit card, these are three things that you absolutely should be negotiating. So listen up and start today.

139.119 - 160.293 Nicole Lappin

Last week, I was on Good Morning America. I mean, actually, it could have been the week before. What is time anyway? Anyway, recently, I was on Good Morning America, and I had a lovely chat with the hosts there, DeMarco and Eva. I told them about the things we all need to be negotiating with our credit card companies. And there are three biggies, the annual fee, the APR, and late fees.

160.793 - 176.621 Nicole Lappin

I told them this, and I'll tell you this too. If you're not negotiating these three things, you're leaving money on the table, period, the end. But you don't need to go at it alone. I'm going to give you the script for these three conversations with your credit card company. Number one, annual fee. This is my new favorite thing to negotiate.

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