You know how they say that you won’t get something unless you ask for it, well, it is true most of the time, but it appears that it is even more true when you are a customer. See, companies are desperate for your business since everything is so competitive these days. For things like credit cards or refinancing, banks are desperate to get or keep your business. That is fairly evident from the number of offers we all get in the mail.
Now unless you are really screwed up financially (huge debt, never paying bills on time, defaulting on payments over and over again, low credit score, no steady employment, etc.), you can simply negotiate a lower rate for anything. We are all too shy to ask in most cases or feel that by negotiating we are somehow coming across as cheap but the reality is that when it comes to business, negotiation is a must. So as this video shows, if you want a better deal, ask for it.