Chase Bank Expands into Extortion and Loansharking

Having no legal way to increase interest rates on millions of their best credit card customers, Chase Bank has come up with a way that might have embarrassed Tony Soprano. Increase the minimum monthly payment 2.5 times. These customers, who took advantage of GUARANTEED low interest (3-5%) rates for balance transfers and have been perfect in making their payments, are now facing monthly increases of up to $3000, according to numerous websites and blogs.

http://www.consumeraffairs.com/credit_cards/chase_credit_cards.html

http://daily-protest.blogspot.com/

http://www.changeinterms.com/2009/07/06/congratulations-chase-you-top-the-lis...

Category:

News & Politics

Tags:

• Chase
• Chase Bank
• Credit Card
• Minimum
• Extortion
• Bankrupt
• Peter Meyer
• Meyer
• extortion
• Increase payment
• bank
• banks
• debt

[41elliott]

Chase Bank... the biggest predatroy, paracitic maggots in the history of banking. As far as I'm concerned, the terroists hit the wrong building on 9/11 .... and yeah Chase..... I SAID THAT.... FUCK YOU!!

It's no wonder Bonnie and Clyde were seen as heroes back in the '30's.

Banks are nothing but shysters who should be pushed off the planet... One step above televangelists and used car salesmen.

[dsemasin]

CHASE and all big banks are scum. The middle class with good credit are being screwed.

[TOREN5611]

u dont need a bank, or loans. live within ur means.

[Cinj216]

@41elliott A-fucking-men, brother.

[closerlook2]

I have an answer. Screw CHASE. How about just keeping your cash and NOT paying them at all!!!!

[closerlook2]

@41elliott I could not agree MORE!!!!!!

[gaae2000]

....wish people could walk on the streets and complaint in front of their offices...

[JewLoco]

Step 1. Incorporate Step 2. Sell your assets to the corp with legal documentation.

Step 3. "pay" the corp to rent the assets such as your house, car, etc. Step 4. Stop paying the banks ANYTHING.

[Howlinblind]

You sign a contract and you can not change the terms, the banks can change the terms and theres nothing you can do about it.

[ChasedbyChase]

Wow! from $500 to $1300, what are they thinking, I can't stand Chase, they even Chased me into another Bank and Yelled "Earl Robbed my Bank" man just a bunch of Crazieness

[advertisingexecutive]

Chas (bank one) said they did not get my check but through the ATM they printed a copy of my check deposite DO NOT DO BUSINESS WITH CHASE...They stole my money and the I closed the account with no balance and then they charged me with NSF fees...this bank is a thief...