Do I need to send 1 letter per account in order to reduce my interest rate

[Dman2]

In order to have my interest rate reduced under the SCRA, do I have to send 1 certify letter RRR per account or just 1 per creditor?

 

For example; I have 3 chase credit cards, do I need to send 3 letters?

 

I appreciate any help

[ToddP]

Haven't done this, but I would think just list all of your accounts with that creditor. So you would likes all 3 Chase cards on your letter to Chase.

[jandah55]

I just sent an email from within our Chase Online Account services site, requesting the SCRA rates. They immediately forwarded my email to the proper department , from which I received instructions on where to mail a copy of orders. I did that, and very quickly got all the cards (have three accounts) reduced to 6%. For my Citicards, I did the same thing, immediately got a response to fax orders to a the SCRA Unit, and within a very short time they lowered the rates on both my accounts to ZERO. That one kind of blew my mind, even though I do have excellent credit and have never been late.

Edited January 19, 2012 by jandah55