WARNING, this link is for a Chase Bank Ad. I just want to highlight how far Chase Bank has fallen. Once again, Chase Bank is enticing people to sign up for a NEW CREDIT CARD and INTRODUCTORY ZERO interest rates even as they continue to STAIN and DEFAULT the good name of hundreds of thousands of their best customers. Chase Bank is INCREASING the MONTHLY MINIMUM PAYMENT BY 150% ABOVE and BEYOND what THEIR NEVER LATE PAYING CUSTOMERS WILL BE FORCED TO PAY.
What is even sadder is that right in the ad it says that the length of time one gets the zero percent rate will depend on their credit rank. Huh? Chase Bank is going to tell someone they have stinky credit even as they give them a credit card??? Yet Chase Bank is scolding other established customers who have never been late on their payments by raising their monthly minimum payment to the point where they will default?
Who are these Chase Bank clowns and why are they not in jail or at least charged with treason against law abiding U.S. Citizens? Is Chase Bank reaping greater profits by defaulting their own customers then they are by just being a good, upstanding bank?
3 comments:
THESE BANKING PRACTICES NEED TO BE EXPOSED. IF EVERYONE COMES TOGETHER WE CAN EXPOSE THE STEALING CALLED BANKING! WE ARE HURTING IN NOR CAL AND WAMU/CHASE ACTUALLY PRE DATED PAPERWORK FOR FORECLOSURE AND POSTED IT ON PROPERTY 17 DAYS BEFORE SALE. THEY WOULD LIE IF THE TRUTH WOULD SAVE THEM!
Thank you for taking the time to respond. The more people that are willing to make a comment complaining about the horrific behavior of Chase Bank, the sooner we can turn this around.
-thanks again!
This comment by Chase was posted at Bankfirst.com....
“The cardholders affected by the new minimums will be those considered “high risk,” who have been less than diligent about paying their account scrupulously in the past…”
This is my reply!!!
That is what CHASE would like you to think! These cardholders have FIXED APR rate’s between 1.99 and 5.99….CHASE does not want to honor those rates anymore and the only card in they’re hand is to up the minimum payment in hopes that they will default into a high APR….They also offer to return your 2% minimum payment if you accept a much higher APR right now. It is EXTORTION and bait and switch, plain and simple….Also these cardholders have NEVER missed a payment or they would already be at a default rate….CHASE if you are going to make statements, WHY NOT STATE THE TRUTH!!! I for one am very tired of reading articles about how these are subprime cardholders…..They are in fact the best cardholders out there along with high credit scores!! THAT IS NOT WHAT CHASE WANTS…….THEY ARE NOT PROFITABLE!!!!
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