Chase Bank USA
Rate Jacked From 6.9% to 26.9% After One Late Payment
- 01-14-2005
- 10
American consumers you must unite! Cry out in anger of what this Company Chase Bank USA and most other credit card companies are doing to you! Socking you with unethical debt load!
I was unemployed for 10 months last year and was 3 days late on a payment to Chase Bank on my credit card. Because of how they word their contract, this credit card company (and most other credit card companies) feel they are entitled to 20% more a month in interest. At the drop of a hat they jacked my rate from 6.9% to 26.9%.
Another one of their customer service people said they jacked my rate because I was late on another payment to somebody else. I don't think they know why they do it. But they feel like they can because "It's in the contract."
America write your congressman! We need to stop these people from putting us in a hole of debt that we can never climb out of.
Even after we paid off the card $9996 they charged us another $150 in interest from the closing of the last statement. How can they sleep at night.
Something must be done. America unite against these unethical business practices.
Company: Chase Bank USA
Country: USA
State: Delaware
City: Wilmington
Address: P.O. Box 15919
Phone: 8003340601