Tag Archives: chase
- Bank of America To Charge Monthly $5 Fee For Using Debit Cards
I’m not sure if I’ve mentioned this before but I, Amanda Miller, am a Bank of America customer. Although, not a thrilled and loyal customer, I’m a customer nevertheless. In fact, this bank has done some things over the years I’m not very happy about but I continue to bank with them because I love [...]
- Chase and Citibank Said to be Refusing Escrow Company Payments on Debt Settlements
I just heard from the CEO of a debt settlement company that said his third-party escrow company is getting flooded with refused settlement payments sent from the escrow company to Citibank and Chase. The CEO said he’s had client payments refused in just the past couple of days. These settlements were with law offices and [...]
- The Effectiveness Of Tearing Up Unwanted Credit Card Offers
Ever wonder how effective tearing up an unwanted credit card offer is? Many will just tear it in half, or even tiny pieces, throw it in the garbage and never think of it again. However, how easy would it be for a criminal to get a hold of your garbage and tape it back together? [...]
- Chase Bank Lowers My Credit Limit As I Make Payments Each Month. – Josh
Josh “Dear Steve, Chase Credit Cards are cutting my limits as I pay off the card saying the same thing each time. So, Chase has been cutting my limits despite me having a solid 720+ credit rating. Seems like every time I send in $500 they cut my limit proportionately. They claim my balance has [...]
- Holy Crap. Chase Minimum Credit Card Payment Goes to 5% of Balance for Mary.
“Dear Steve, My husband and I have credit card debt of $ 87,000 and medical bills of about $ 2,000. The credit card int. rates vary from 2.99 to 9.99%. We have 2 teenage children. We own a mobile home and a couple acres but don’t have much equity in it. We both have fairly [...]
- I Fired My Debt Management Company And Now I’m Going to Settle My Own Debt. Should I Hire a Lawyer? – Jannelle
Jannelle “Dear Steve, I have dropped my debt management company and am trying to negotiate with Chase and HSBC. I’ve composed a letter to them offering 40% of the balance owed. Am I better off hiring a lawyer to send this letter, or should I send it on my own? Jannelle” The Answer: Dear [...]
- How Can I Get a Credit Card Company to Accept a Repayment Plan I Can Afford? – Scott
Scott “Dear Steve, How can I get a credit card company to agree to a repayment plan that we can afford? My stepdad passed away last fall, and as family stepped in to help my aging Mom, we discovered that they had accumulated about $35K of credit card debt. They were supplementing their fixed Social [...]
- http://twitpic.com/p5apg I named them Bank of America and Chase.
getoutofdebtguy: I named them Bank of America and Chase.
- Chase Class Action Suit For People Offered a Chase Fixed Annual Rate Credit Card
This might be of interest to you if you were offered a fixed rate credit card from JP Morgan Chase and then they switched the terms. This is an ongoing investigation and pending consumer class action against Chase Bank USA and JPMorgan Chase & Co. (hereinafter “JP Morgan Chase”) in which it is alleged that [...]
- I Had a Chase Credit Protection Plan But They Didn’t Cover Me. – Jaimie
Jaimie “Dear Steve, I have been a Chase customer for 3 or 4 years now. I started with the 0% introduction APR, and then went to 12%. My limit is $5800, and I put my tuition on the card so I have a balance of $5,000. I have ALWAYS paid on time, and most of [...]
- I Have a Mortgage With Chase, Will They Work With Me to Lower Payments? – Janet
“Dear Steve, We have more debt than we can handle. We have just seen a lawyer about bankruptcy. Even with bankruptcy our mortgage may be too much for us. I have a mortgage with Chase – after banruptcy will they work with me to lower payments? I have never been late with payments. Janet” The [...]
- Expect Tidal Wave Of Limit Reductions and Credit Card Closures to Hit Before Christmas
Yesterday I wrote about a little old hardware store that had noticed an increase in card purchases over cash. That’s not a good sign if people are using plastic more for routine things and especially in this environment of credit card issuers reducing credit limits, raising interest rates and closing cards. You see, the credit [...]
- Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out.
Credit card lenders include Discover Financial Services LLC, Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Capital One Financial Corp., American Express Co. and HSBC Holdings have finally come together with the help of the National Foundation for Credit Counseling, Consumer Federation of America and the Financial Service Roundtable to start the process [...]
- Lawyers Lose Licenses Over Debt Relief. Dangerous Waters For All.
This has been a growing story over 2008 but I think it is a good example of the perils that consumers face when trying to get out of debt. We already have been ingrained to not trust credit counselors by the flurry of activity as the IRS targeted credit counselors a few years ago. But [...]