Your current credit card APRs aren't set in stone, and reducing them could be easier than you think. PM Images/Getty Images

If your credit card bill has felt a bit more substantial recently, you may be on to something. Credit card annual percentage rates (APRs) have climbed dramatically over the past two years, topping 22% on average — the highest level in decades. That, in turn, is adding a hefty amount of interest to the average cardholder's revolving balance each month. And, while the Federal Reserve has finally started to trim rates this year, that hasn't yet translated into meaningful relief for most cardholders.

But while you likely won't see credit card rates drop organically any time soon, right now could still be a smart time to try and lower your credit card

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