You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.

Latest

Greatest

Lobby

Journals

Options

Help

Reply #10: JP Morgan Chase Bank is being sued for bait and switch over CC offers. [View All]

Printer-friendly format

Email this thread to a friend

Bookmark this thread

This topic is archived.

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

dixiegrrrrl

(1000+ posts) Send PM | Profile | Ignore

Fri Apr-10-09 03:53 PM
Response to Original message

10. JP Morgan Chase Bank is being sued for bait and switch over CC offers.

They promise that if customers transfer balances from other cards, you got a low rate "for the life of the loan" .
"No gimmicks, no games, honest" said Chase.
Then in 3 mos. Chase tacked on fees and if you complained, they said you could switch your now transferred balance to a higher interest rate account with them.

Here are couple links to the issue, these are older stories, but I just heard about them.

http://blog.creditorweb.com/index.php/2009/02/12/chase-bank-changes-credit-card-terms-gets-sued/

http://www.milberg.com/page.aspx?pageid=5498

All that being said, we have one local bank card and one Citicard, and never carry a balance.

Printer Friendly | Permalink | | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home | Discussion Forums | Journals | Store | Donate

About DU | Contact Us | Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.