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Frequent Contributor
kc12286
Posts: 361
Registered: ‎07-31-2007

Chase

I got a notice in the mail the other day from Chase. They're waiving my payments until March for my closed Freedom account, apparently due to Hurricane Sandy. They stress I should make payments if I'm able, but that I will not be penalized (no penalty fees) if I opt not to make a payment. I'm curious if anyone else has seen this from Chase. I'm also curious to see if they offer the same option for my other account. Haven't decided whether I'll exercise the option yet.

6/9/2008-TransUnion-703
6/9/2008-Equifax-712
6/9/2008 Experian-635

2/16/2011 Transunion - 675
3/11/2011 Equifax - 688
5/13/2011 Equifax - 704
5/28/2011 Equifax - 704
5/28/2011 Transunion - 724
Valued Contributor
kevinjjc
Posts: 1,302
Registered: ‎01-14-2009

Re: Chase

That's nice of Chase to do. Just curious, why was your Chase Freedom account closed?

Frequent Contributor
kc12286
Posts: 361
Registered: ‎07-31-2007

Re: Chase


kevinjjc wrote:

That's nice of Chase to do. Just curious, why was your Chase Freedom account closed?


Long story short,  I closed it. Due you have the same card?

6/9/2008-TransUnion-703
6/9/2008-Equifax-712
6/9/2008 Experian-635

2/16/2011 Transunion - 675
3/11/2011 Equifax - 688
5/13/2011 Equifax - 704
5/28/2011 Equifax - 704
5/28/2011 Transunion - 724
Valued Contributor
chasmith
Posts: 1,062
Registered: ‎05-26-2010

Re: Chase

Be careful to confirm that if you take advantage of this they will report paid as agreed. 

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
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Frequent Contributor
kc12286
Posts: 361
Registered: ‎07-31-2007

Re: Chase


chasmith wrote:

Be careful to confirm that if you take advantage of this they will report paid as agreed. 


Yeah I called, they said they did send a letter last week. It was nice of them to offer.

6/9/2008-TransUnion-703
6/9/2008-Equifax-712
6/9/2008 Experian-635

2/16/2011 Transunion - 675
3/11/2011 Equifax - 688
5/13/2011 Equifax - 704
5/28/2011 Equifax - 704
5/28/2011 Transunion - 724
Valued Contributor
kevinjjc
Posts: 1,302
Registered: ‎01-14-2009

Re: Chase


kc12286 wrote:

kevinjjc wrote:

That's nice of Chase to do. Just curious, why was your Chase Freedom account closed?


Long story short,  I closed it. Due you have the same card?


I have a Chase Freedom Visa Signature card (18k CL, 12.99% APR).

Frequent Contributor
kc12286
Posts: 361
Registered: ‎07-31-2007

Re: Chase


kevinjjc wrote:

kc12286 wrote:

kevinjjc wrote:

That's nice of Chase to do. Just curious, why was your Chase Freedom account closed?


Long story short,  I closed it. Due you have the same card?


I have a Chase Freedom Visa Signature card (18k CL, 12.99% APR).


Hmm. The one I had was just straight Chase Freedom and it was actually a Mastercard, rather than Visa.

6/9/2008-TransUnion-703
6/9/2008-Equifax-712
6/9/2008 Experian-635

2/16/2011 Transunion - 675
3/11/2011 Equifax - 688
5/13/2011 Equifax - 704
5/28/2011 Equifax - 704
5/28/2011 Transunion - 724
Frequent Contributor
QAMngrGirl
Posts: 463
Registered: ‎11-28-2012

Re: Chase

I can confirm they have extended this type of option to consumers with their Chase accounts enrolled in DMP, but only offered to waive 2 payments, resuming in March not May. These letters clearly state they will still report as "paid as agreed", no fees to be applied.

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: April''14 EQ 715/EX 709/TU 709 * Goal 750+


Frequent Contributor
kc12286
Posts: 361
Registered: ‎07-31-2007

Re: Chase

QAMngrGirl wrote:

I can confirm they have extended this type of option to consumers with their Chase accounts enrolled in DMP, but only offered to waive 2 payments, resuming in March not May. These letters clearly state they will still report as "paid as agreed", no fees to be applied.



What is DMP?

I did say resuming in March and that the letter states no fees would be applied. I also called Chase to confirm that the letter originated from them.

6/9/2008-TransUnion-703
6/9/2008-Equifax-712
6/9/2008 Experian-635

2/16/2011 Transunion - 675
3/11/2011 Equifax - 688
5/13/2011 Equifax - 704
5/28/2011 Equifax - 704
5/28/2011 Transunion - 724
Frequent Contributor
QAMngrGirl
Posts: 463
Registered: ‎11-28-2012

Re: Chase

Sorry! I somehow misread that :smileyembarrassed:

DMP = Debt Managment Program (either through a CCCS agency or their in-house Repayment plans)

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: April''14 EQ 715/EX 709/TU 709 * Goal 750+



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