Consumers are shocked to learn that their credit card rates are much higher than they were just a few months ago. Indeed, double digit interest rates are common these days as credit card providers jack up these risky unsecured lending platforms to rates that are two or three times the prime rate. For the consumer who pays off his debt every month, then high credit card rates don't matter. For mostly everyone else, high rates do matter and are a real burden. You can escape high credit card interest rates; read on and I will tell you how.

Are you paying 15.9%, 19.8%, even 24% or more on credit card interest rates? If you are, then that is a shame! Chances are a late payment or other problem pushed up your rate, but not always. Sometimes credit card providers love to sneak a higher rate past consumers. This is both unfortunate and shameful!

There are several ways you can reduce your credit card interest rate:

--Call your current credit card provider and ask them to drop your rate. If they refuse, mention that you plan on dropping them. If they call your bluff, then follow through and tell them you will no longer use their card. Once it is paid off, you can cancel the card or simply tuck it away in a safe place.

--Check current offers from your credit card providers. Chances are you will receive a notice saying that you can transfer balances for no charge and receive a fixed interest rate on that loan until the loan is paid off. 4.9% interest until your $5000 debt is paid off? You bet that is a good deal!

--Make the switch. If neither the first or second option are available to you, then shop for a new card. Many cards provide zero percent financing for the first 6, 12, even 16 months on purchases and some will also provide a low, fixed rate on balance transfers. Check out all the offers and weight them for the one that works best for you.

Are you fed up with paying high interest rates on your credit cards? You have three options as outlined herein. Take aggressive action today to whip your credit back in shape. What are you waiting for? Get a move on it and start getting out of debt straight away!