Comments on: Chase Imposes New Fee

By: Chase Drops Controversial Credit Card Fee at Personal Finance Blog, Budgeting, Debt @ Bankaholic

Tue, 31 Mar 2009 16:41:37 +0000

[...] New York Attorney General Andrew Cuomo and a class action law suit, J.P. Morgan Chase will drop a $10 a month fee it imposed on 184,000 credit card customers earlier this [...]

By: "Bob"

"Bob" — Mon, 30 Mar 2009 01:44:45 +0000

My credit card minimum payment trippled on my 3.99% till pay off card. Don’t let them bully you…. the key words are “liquidate the account”. (Close it and pay it off)

By: max

max — Wed, 25 Feb 2009 16:02:30 +0000

I was hit was this. I AM NOT A CREDIT RISK. NEVER LATE OR DEFAULTED. I called and complain. I said its because I am not paying you guys enough interest. So I paid off the 1k balance. it was 7k 2 years ago. Not only did I pay it off on time but faster than they would like. I truely believe I was not paying them enough money and they want to get as much money as possible out of me to pay for other morons they offer credit to.

By: Armen Tatevosian

Armen Tatevosian — Mon, 23 Feb 2009 22:52:39 +0000

Ed & Others – THEY WANT FOR YOU TO PAY IT OFF AND LEAVE; THEY WANT YOUR RISK GONE! Don’t do it! Stand your ground, and use what documentation you have to support your dispute. If you have no documentation – negotiate! They fear your default, to tell’em you’ll have to now. Depending on your balance, a payment could raise by a few hundred dollars each month.

By: Armen Tatevosian

Armen Tatevosian — Mon, 23 Feb 2009 22:46:32 +0000

I would read the Terms and Conditions of my promotional offer VERY closely. Many from a few years back, don’t actually allow them to do this to your account. Some do! Mine reads that terms will change, based on my (current) account standing, and ontime payment history. Some say at their discretion – THAT IS BAD! I never accept promos with those terms. Bank of America was NOTORIOUS for that!

By: Ed Young

Ed Young — Mon, 23 Feb 2009 05:15:17 +0000

What you didn’t report was the 4.99% loan was advertised for the “life” of the loan. I paid off my balance and closed my account.