In this video, I explain how corrupt of a financial institution Chase Bank is. This is not just my opinion, but the opinion of thousands of others that have filed complaints and class action lawsuits against this financial juggernaut. I missed one payment. I had a super record with this company for eight solid years. One missed payment brought my minimum payment up three times. I went from an 8.45% interest rate to 29.99%. When I called the company to negotiate, all three parties refused to …
hah I cut my chase card in half a couple years ago when I saw their new interest rate in tiny print 29.99%
I started off witha Providian Card, then Wamu took it over, at that point my credit was excelent, no late payments or missed payments,
I always paid MORE than the minimum payment.
Then Chase took over, the first payment I mailed them they said they DIDN’T receive it.
LOST payment huh, yeah right.
I never got the payment back and it had a
return address on it.
Next month my due date was changed without notice, made payment late,
same thing, next 3 months.
Chase is a RIP OFF
Feel good now?
Dude, man up. You missed your payment, so the bottom line is that YOU screwed up! There are people out there with perfect credit who are getting their rates jacked up for no reason. THAT’S the real scam. Don’t blame the bank for your mistake. I don’t agree with a lot of their policies, but you agree to their terms when you use their card.
EVERYONE LISTEN UPP!!!! NEVER USE CREDIT!!! credit is bad save up money and dont use credit unless for a house or something some people just get addicted to it and keep buying stuff . Dont do that just save up money
OK. Just to set the record straight, what country your CSR is in and what nationality they are, has absolutely nothing to do with the problem cited here. I think the notion that they aren’t “American” and therefore, won’t want to handle my problem in a way I would expect, is simply naive. Yes, the agreements need to be read and followed. The problem here is that Chase, like other cards, setup their terms to “catch” you at every fall. It is by design to make Chase more money, not help you.
Kamer4u is correct people need to read their card member agreements but they dont. You all get a credit card and agree to all the disclosures but then when you break the deal you blame the bank. Shame on you guys take responciablity for your own actions. this guy said he spoke to people from new delhi get you facts staights their site is in Mumbai. Quit complaining pay your bills on time read your cardmember agreements and take responciablity for your own actions.
CHASE is ripping me off TOO ! ! !
Dont trust these NY Scumbags. After they took over WAMU my account is in collections, overcharged and totally destroyed my credit. SUE SUE SUE
either u r going 2 b rich? or poor? we are in the great depression….get it how you live blue collar crime is now and CHASE IS A GOLD MINE 4 SCAMS….then once you get good, move! the UK has free health-care! y put up wit USA
Kamer4u, My interest rate jumped to16.99%. I have never defaulted or been late in my life. I have been a customer for 6yrs. What would I call that? I have a job, just bought a new home, excellent credit rating,etc.How do they justify that? Thanks for reading, Eldoradot
you will come to know that WTO was formed mainly by US and the mission of WTO is to promote international trade which includes outsourcing of jobs (US has promised it the previous conferences held with WTO). So stop being a crybaby.
Thats being racist tippytootoo.. If thats the case that u want ur jobs in ur country itself, why do u love cheap imported stuff from China?? Why do u like mexican food, Italian pasta?? Why are you concerned about the condition of other countries? Why u need to import?? why do American companies export their stuff to Europe and Asia which are a major source of revenue to them? Close ur economy, forget about world trade. LISTEN DUDE. if u do proper research and study, you will come to know..
I think zfullofjuice is right Mr. Eldoradot. Listen. In the first place, if you default on your payments, every bank has right to do the thing Chase bank did. You cant accuse the Bank of increasing interest rates on defaulting of payments. Its pure business and after the crisis each FI is taking each step carefully. THERE IS NOTHING LIKE A SCAM WHEN THE BANK INCREASES YOUR INTEREST RATE AND MINIMUM PAYMENT WHEN U DEFAULT. Is it the banks fault that u defaulted? Its just ur fault.
My daughter recieved statement with 0 due, so did not make a payment. her next payment was due 7/2 of $21 so she pd $100 on 6/6. They applied that payment to previous month, and said no payment was recved for the month she actually paid for. in 3 months there is $300 in fees and added interest. Spoke to supervision, and no change. She is being penalized for paying early!!!! Min due up 10x more int to 29.9. They are crooks!!
My daughter recieved statement with 0 due, so did not make a payment. her next payment was due 7/2 of $21 so she pd $100 on 6/6. They applied that payment to previous month, and said no payment was recved for the month she actually paid for. in 3 months there is $300 in fees and added interest. Spoke to supervision, and no change. She is being penalized for paying early!!!! Min due up 10x more int to 29.9. They are crooks!!
My daughter recieved statement with 0 due, so did not make a payment. her next payment was due 7/2 of $21 so she pd $100 on 6/6. They applied that payment to previous month, and said no payment was recved for the month she actually paid for. in 3 months there is $300 in fees and added interest. Spoke to supervision, and no change. She is being penalized for paying early!!!! Min due up 10x more int to 29.9. They are crooks!!
The best part is that when you call them to dispute it you get A GUY IN INDIA TELLING YOU HE CANT DO ANYTHING FOR YOU. MAYBE if they kept the jobs in this country, we could PAY OUR BILLS.
WHat about when you pay the day your bill is due they say you didnt pay it till the next day. There pulling this crap now. You have to make the payment during buisness time east coast. Well I live on the west coast. I dot know how this is not illegal. You pay ontime then say your late by kicking it to the next day.
Check this out:
I work with Commercial clients at Chase Bank in Chicago.
No longer are our customers allowed to call us and have us do wires for them, no we have to put them on a system that they pay for (along with all of the other things they pay for) to do their OWN wires. If they insist on us doing the wire for them…. we charge them TWO HUNDRED DOLLARS to do a wire transfer. It was only raised to that amount to strong arm our customers into buying the online set up to do the wires.
Chase Bank is nothing but a no good SOB loan sharks that are nothing bit a bunch of worthless sob’s. They changed my due date and I went to pay online and I was 15 minutes late and they raised my interest rate from 6.99 to 29.99 % and I had been a customer for over 10 years and was never late.
Screw the bastards and the horse they came in on. I hope they go bankrupt and take their idiotic “pre programmed” robot customer service “account managers”‘ with them. l.
zfullofjuice. You are full of shit. You are a 27 yr old boy who has no clue as to what this video is about. Listen to it again and try real hard to understand what the man is saying.
I made an online payment that their site confirmed, but I didn’t write down the confirmation number…. My bad. Next thing I know I’m getting socked with 27.74% interest, and a $39.00 late charge. Chase claimed they didn’t receive payment.
Sounds like I’m not the only one they’ve been doing it to. I paid them off but they’re not getting the interest or late payment from me. F*** ‘em.
Its not just Chase. All the major banks are doing it. They are all morally corrupt. Join a credit union or a small home-town bank.
They jacked up my minimum payment today from $200 to $550 and im unemployed so lots of luck gettin any money now chase