Chase Bank, NA --Predatory Interest Rates
Has anyone else seen the latest trend out there? Chase Bank, just to name one, is charging customers in the upwards of 29%!!! The local LOAN SHARK charges only 25%!!!! They are "burning their bridges". I remember when they needed people to bank with them. They would...
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Anonymous
#89446

We have had a Chase credit card for just a few years now. Mostly we put our tuition for graduate school on the card.

Things have been tight, but we always made a fairly high monthly payment. When things started getting better, we paid our monthly bill, then an extra payment so that we could pay it off early. It takes one sick and twisted company to turn this into a situation where they jack up your interest rate to 29.9% because they decide to post your payment on dates that end up showing a default.

Now we are going to take our entire savings and Christmas bonus money to pay off our debt to Chase and shred our cards tonight. This has been a difficult choice because it means we will be unable to buy Christmas gifts for our family or son this year.

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#160082 Review #160082 is a subjective opinion of poster.
Service
Chase Bank Customer Care
Loss
$29

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