Chase brought out Bank One, I had my small business credit card with Bank One, here just a few short months later, Chase raised the interest rate from 14.5% to 27.5%. The first thought is well most banks do that when you miss a payment or over draw the account, but my account was perfect, no miss payments or late payments or over drawn on the limit.
I believe they are just like Enron, stealing what they can from the small business person and I can bet that they didn't do it to do their really big customers, that is outright discrimination, possibly fraud.
There should be a class action lawsuit with practices like this.
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