Middle Class American Joe has come up with an idea that I think is worthy of sharing with you all. Middle Class American Joe is suggesting anybody who cannot afford the Chase Bank increase in the monthly minimum payment from 2% to 5% to just send in 10 dollars the month the increase goes into effect.
I think I may join in with this idea.
However, I think it is prudent to actually deposit the difference between the 10 dollar payment and the previous monthly minimum payment, into a CREDIT UNION account. Consider this your monthly "escrow account" where you will keep the necessary funds to pay the Chase Bank monthly payment based on the prior 2% monthly minimum, when Chase Bank reverses course.
If enough people did this, it could send a wake up call to Chase Bank. Not only did their own customers not send in the ridiculous and unethical 5% monthly minimum payment, but their customers also opened up a credit union account which they may end up keeping open even if Chase Bank reverses course.
Can the 10 dollar protest payment idea really spread wings and reach the one to two million Chase Bank customers over the next couple of days? Remember, Chase Bank customers who only pay the 10 dollars should be those who are affected by the 2% to 5% increase in the monthly minimum payment. Anybody else doing it might just be hurting themselves.
If you agree with this idea, but don't share it or spread it with anyone else, the idea will fail. If you plan on doing this idea, YOU MUST SHARE IT with your email lists, anybody you know in the media, and ASK THAT THEY SHARE IT AS WELL.This article has a SHARE ICON at the bottom, click on share and you can post this article on any blog anywhere that you have access to, it's that easy to share this article, and spread the idea.
HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.
2 comments:
MIDDLE CLASS AMERICAN JOE dropping a line to let you know i dropped my automatic payment to chase bank going out and opening a escrow account to put the rest of my min. payment into. If every one does the same we as a united people could hurt Chase bank bad. They can not send out a million lawyers at once to battle us. I haven't heard any thing on the radio so i sent and e-mail to my radio station waiting to see if they say anything.
Hey Joe, my email notification apparently was not working as I was never notified you left a message.
Let us know what happens. Keep putting the pressure on. I will probably continue to make my OLD payment amount, and also start sending warning letters to the credit bureaus that if they mess with my credit rating over the rogue actions of Chase Bank, that I will consider suing them.
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