Comments on: Chase Increases Balance Transfer Fee to 5% http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/ Your Nonprofit Credit Counseling Organization Sat, 04 Feb 2012 20:07:52 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Alessandro Machi http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-15404 Alessandro Machi Sat, 14 Aug 2010 05:22:58 +0000 http://www.visioncredit.org/?p=1351#comment-15404 I just wanted to add that there was a five year paydown option that is sort of a secret. If you have survived this long but want to slow down paying down the rest of your debt so you can pay off higher interest debt, check out this article I wrote. http://daily-protest.blogspot.com/2009/07/chase-bank-offers-proactive-solutions.html I just wanted to add that there was a five year paydown option that is sort of a secret. If you have survived this long but want to slow down paying down the rest of your debt so you can pay off higher interest debt, check out this article I wrote.

http://daily-protest.blogspot.com/2009/07/chase-bank-offers-proactive-solutions.html

]]> By: Meg Pugh http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-8055 Meg Pugh Wed, 02 Sep 2009 17:38:33 +0000 http://www.visioncredit.org/?p=1351#comment-8055 I agree with everyone else that I have read. I too have been screwed by Chase. My payment went from $240 to $600. I don't know how to opt out. I don't know how to pay it, and I don't know how to get them back! I do know I am very stressed and do not know what I am going to do. I have never been late nor missed a payment and totally believe that Chase Bank is making a huge dis service to it's used to be customers. I will somehow get through this but never again will I let this happen.If there is a way for all of us to get out of these outragous increases please let me know. I have not called one of the 800 numbers I have read about to get this reduced, but if I do and it works I will post it. I hope the Bank goes completely belly up even though you and I are the owners d/t out bailing it out without an opinion or a vote. I agree with everyone else that I have read. I too have been screwed by Chase. My payment went from $240 to $600. I don’t know how to opt out. I don’t know how to pay it, and I don’t know how to get them back! I do know I am very stressed and do not know what I am going to do. I have never been late nor missed a payment and totally believe that Chase Bank is making a huge dis service to it’s used to be customers. I will somehow get through this but never again will I let this happen.If there is a way for all of us to get out of these outragous increases please let me know. I have not called one of the 800 numbers I have read about to get this reduced, but if I do and it works I will post it. I hope the Bank goes completely belly up even though you and I are the owners d/t out bailing it out without an opinion or a vote.

]]> By: Rhonda http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-7595 Rhonda Sat, 15 Aug 2009 01:34:32 +0000 http://www.visioncredit.org/?p=1351#comment-7595 Ditto Margaret! I am taking a stand and refusing to be screwed by Chase ever again. I have 3 cards with them. Never been late, pay more than minimum, etc..... Raising my minimums from 2 to 5% is INSANE! I, like you, have NO assets and barely get by, like most everyone else. I truly hope EVERYONE defaults on these bastards. They are nothing but loan sharks, making demands on customers that SHOULD be illegal. You have a soul mate, I will "stiff" Chase as well. Ditto Margaret! I am taking a stand and refusing to be screwed by Chase ever again. I have 3 cards with them. Never been late, pay more than minimum, etc….. Raising my minimums from 2 to 5% is INSANE! I, like you, have NO assets and barely get by, like most everyone else. I truly hope EVERYONE defaults on these bastards. They are nothing but loan sharks, making demands on customers that SHOULD be illegal. You have a soul mate, I will “stiff” Chase as well.

]]> By: WaMu and Chase Customers Beware – Your credit may soon be canceled. « Shame on WaMu-Chase http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-7107 WaMu and Chase Customers Beware – Your credit may soon be canceled. « Shame on WaMu-Chase Fri, 24 Jul 2009 21:52:11 +0000 http://www.visioncredit.org/?p=1351#comment-7107 [...] Long wrote Chase Increases Balance Transfer Fee… For several years from 2003-2007, Chase actively encouraged its superprime customers to rack [...] [...] Long wrote Chase Increases Balance Transfer Fee… For several years from 2003-2007, Chase actively encouraged its superprime customers to rack [...]

]]> By: Margaret http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-7091 Margaret Thu, 23 Jul 2009 22:59:55 +0000 http://www.visioncredit.org/?p=1351#comment-7091 Put me on the list of people who plan to stiff Chase. They've raised my payment from $300/month (which I can pay easily) to $750/month (which I can't possibly pay). I don't have any assets they can seize so it won't do them much good to sue me. I figure if I just stop paying them for six months, they'll get the message and settle for half of what I actually owe them. My credit rating will be awful but so what, after a few years the dings drop off. Why doesn't Chase understand that most of us don't actually HAVE to pay them, we just pay them because we believe it's the right thing to do? I don't believe that any more and I won't pay. Put me on the list of people who plan to stiff Chase. They’ve raised my payment from $300/month (which I can pay easily) to $750/month (which I can’t possibly pay). I don’t have any assets they can seize so it won’t do them much good to sue me. I figure if I just stop paying them for six months, they’ll get the message and settle for half of what I actually owe them. My credit rating will be awful but so what, after a few years the dings drop off.

Why doesn’t Chase understand that most of us don’t actually HAVE to pay them, we just pay them because we believe it’s the right thing to do? I don’t believe that any more and I won’t pay.

]]> By: marge11 http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-6935 marge11 Sat, 18 Jul 2009 00:32:26 +0000 http://www.visioncredit.org/?p=1351#comment-6935 George, I think Tim means he is just going to quit paying and it will take about 3 years for them to try and collect....That's only my opinion. I have read several blogs about cardholders that are just going to GIVE-UP..... George,

I think Tim means he is just going to quit paying and it will take about 3 years for them to try and collect….That’s only my opinion. I have read several blogs about cardholders that are just going to GIVE-UP…..

]]> By: george http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-6932 george Fri, 17 Jul 2009 23:32:37 +0000 http://www.visioncredit.org/?p=1351#comment-6932 What specifically can one do to opt out when Chase says there is no opt-out option? What are these 3 years Tim refers to? What specifically can one do to opt out when Chase says there is no opt-out option? What are these 3 years Tim refers to?

]]> By: Kenneth Long http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-6926 Kenneth Long Fri, 17 Jul 2009 20:29:35 +0000 http://www.visioncredit.org/?p=1351#comment-6926 Did anyone receive a letter regarding a change in their due dates, either a later or earlier due date? I received one notifying me of <a href="http://www.visioncredit.org/good-news-from-chase-more-time-to-pay/" rel="nofollow">5 extra days to pay</a>. Did anyone receive a letter regarding a change in their due dates, either a later or earlier due date? I received one notifying me of 5 extra days to pay.

]]> By: george http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-6920 george Fri, 17 Jul 2009 15:44:00 +0000 http://www.visioncredit.org/?p=1351#comment-6920 Tim, what are the specific parameters in opting-out when Chase has not provided an opt-out option? What is this 3 years of which you speak? Tim, what are the specific parameters in opting-out when Chase has not provided an opt-out option? What is this 3 years of which you speak?

]]> By: Tim http://www.visioncredit.org/chase-increases-balance-transfer-fee-to-5/comment-page-1/#comment-6918 Tim Fri, 17 Jul 2009 15:04:03 +0000 http://www.visioncredit.org/?p=1351#comment-6918 I am simply opting-out. I'm not paying anything any more. If they do not care about me after years of paying on time. I will give them what they want...apparently nothing. I will use their accounting rules and just write it off. I can wait it out (3yrs), so what having excellent credit doesn't mean anything any more...look where it's got me. Who's with me!!?? I am simply opting-out. I’m not paying anything any more. If they do not care about me after years of paying on time. I will give them what they want…apparently nothing. I will use their accounting rules and just write it off. I can wait it out (3yrs), so what having excellent credit doesn’t mean anything any more…look where it’s got me. Who’s with me!!??

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