DAY-19 CHASE BANK PROTEST, PEGGY from Pennsylvania lets Chase Bank have it on CNBC's "On The Money." Transcript below, Just how low can Chase Bank Go?

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MEET PEGGY. READ HER CHASE BANK NIGHTMARE STORY BELOW

Peggy from Pennsylvania was on CNBC's "On the Money" earlier today talking about how Chase Bank has reneged on a promise of a 3.99 percent loan for the life of the loan agreement. Chase Bank continues to lie to congress and television by saying they did offer opt out options to their customers, when they deprived 400,000 of their most trustworthy customers the opt out option! 

Peggy's family has so far survived a bout of cancer to one family member and a tumor scare to another member, but can they survive the Chase Bank "Change in Terms" policy that wreaks havoc on families that have never been late on their credit card payments?

Below is a Daily-Protest.com transcript exclusive of what Peggy had to say on CNBC's On the Money television show.

Peggy in Pennsylvania, you're up and you've got some credit card rage, talk to us.

Well, my husband and I have three businesses, he's an attorney, we own a bed and breakfast and we have more than 30 rental units, and for decades we have always paid every, every payment on time, never missed a payment.  

In 2003 my husband got cancer, my son had a tumor, we we had huge medical bills and we still kept up with everything but in 2005 Chase Bank offered us a 38,000 dollar loan at 3.99% for the life of the loan, and we took it to consolidate some of the expenses we'd had in keeping our businesses afloat while he was sick.
CHASE BANK SHOWS HOW EAGER THEY ARE TO TURN MORE PROFIT BY BEATING UP ON THE ELDERLY, THE CANCER STRICKEN, AND THOSE WHO ARE NEVER LATE ON THEIR PAYMENTS.

Then after paying half of it off, um, in December (of 2008) we got a notice that there was a change in terms, and instead of paying 2% per month which was around 400 dollars in December.

Our January payment was a 1,025 dollars, because they were requiring 5% payment. And I called to opt out because every change in terms I'd ever seen on any credit card allows the customer to opt out, only to find out that Chase Bank is not allowing an opt out on this.  

The only thing they offered me was if I wanted to more than double the interest rate they would take me back to the 2% interest per month which I was not willing to do. CHASE BANK CHANGES TERMS ON SIXTY YEAR OLD WOMAN AND HER CANCER STRICKEN FAMILY WITHOUT OFFERING AN OPT OUT OPTION.

Is there anything I can do after Chase testifies in front of congress that they offer an opt out, when they have a change in terms with no opt out for over 400,000 customers ???

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Mary, I so want to see the credit card industry actually pay outsiders to keep them in line.

Special Thanks to Change in Terms for finding the CNBC ON the MONEY story. Click here to see the actual video.