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Valued Member
snier
Posts: 48
Registered: ‎02-11-2009

scumbags known as chase

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‎10-07-2009 11:40 AM

So today I recieved a letter from Chase saying that they are going to raise my APR. I wouldn't be so mad if it weren't for the fact that I have a balance on this chase. Looks like i'm going to have to bt to either my Citi/Boa/Discover card. Its amazing that the one month that I carry a balance they decide to change my APR. Jerks.
Starting Score: 641
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Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008

Re: scumbags known as chase

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‎10-07-2009 11:43 AM

snier wrote:
So today I recieved a letter from Chase saying that they are going to raise my APR. I wouldn't be so mad if it weren't for the fact that I have a balance on this chase. Looks like i'm going to have to bt to either my Citi/Boa/Discover card. Its amazing that the one month that I carry a balance they decide to change my APR. Jerks.

Check the BT fees on those cards.  All the banks you listed have no maximum BT fee.  

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Valued Member
snier
Posts: 48
Registered: ‎02-11-2009

Re: scumbags known as chase

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‎10-07-2009 11:49 AM

I transfer it to Citi it was 3%
Starting Score: 641
Current Score: 712
Goal Score: 780

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Valued Contributor
usmc58555
Posts: 1,673
Registered: ‎02-18-2009

Re: scumbags known as chase

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‎10-07-2009 12:46 PM

Why are they scumbags?

 

The agreement the card user signed gave them all the permission.

Signature line begins:
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,
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Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008

Re: scumbags known as chase

[ Edited ]
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‎10-07-2009 12:50 PM - edited ‎10-07-2009 12:51 PM

usmc58555 wrote:

Why are they scumbags?

 

The agreement the card user signed gave them all the permission.

The OP called them scumbags because the month OP decided to carry a balance Chase did a RR. 

Message Edited by DI on 10-07-2009 02:51 PM
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Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009

Re: scumbags known as chase

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‎10-07-2009 01:40 PM

usmc58555 wrote:

Why are they scumbags?

 

The agreement the card user signed gave them all the permission.

Signed? The only people I signed anything with to get a CC was PenFed.

 

The general mode of acceptance is either clicking a box on an online app, or even worse merely activating/using the card.

 

In general cardholders passively acquiesce to accept the terms of the most one sided contract in the history of contracts.

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Established Contributor
Watchmann
Posts: 981
Registered: ‎05-14-2008

Re: scumbags known as chase

[ Edited ]
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‎10-07-2009 02:01 PM - edited ‎10-07-2009 02:09 PM

Let me see if I have this straight:

 

1. OP freely agreed to the terms of the CC when he signed up for it, knowing that the APR could increase in the future.  :smileytongue:

2. OP has used this product for various reasons since he received it.  :smileytongue:

3. OP has a balance this month which happened to coincide with a rate increase that was completey spelled out to him in his account agreement  :smileysurprised:

4. Ergo, Chase are jerks and scumbags.  :smileymad::

 

I don't get why most conclude that the CCC is the bad actor here.  Just because bad economic times haven't happened before was no reason for the OP not to have a contingency plan in place just in case things went south.  Bad planning on the OP's part, but get on with the task at hand and pay the debt off ASAP.

 

If you don't like how the CCC's are acting write your elected representative, oh, wait, that hasn't worked out too hot recently either.

 

Message Edited by Watchmann on 10-07-2009 04:09 PM
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Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008

Re: scumbags known as chase

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‎10-07-2009 02:05 PM

OP transferred the balance to CITI.  OP is now happy.  Everybody's happy. hehe
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Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009

Re: scumbags known as chase

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‎10-07-2009 02:17 PM

Watchmann wrote:

Let me see if I have this straight:

 

1. OP freely agreed to the terms of the CC when he signed up for it, knowing that the APR could increase in the future.  :smileytongue:

2. OP has used this product for various reasons since he received it.  :smileytongue:

3. OP has a balance this month which happened to coincide with a rate increase that was completey spelled out to him in his account agreement  :smileysurprised:

4. Ergo, Chase are jerks and scumbags.  :smileymad::

 

I don't get why most conclude that the CCC is the bad actor here.  Just because bad economic times haven't happened before was no reason for the OP not to have a contingency plan in place just in case things went south.  Bad planning on the OP's part, but get on with the task at hand and pay the debt off ASAP.

 

If you don't like how the CCC's are acting write your elected representative, oh, wait, that hasn't worked out too hot recently either.

It's worked out just fine for me!

 

(The incredibly base level of discourse in this thread is astounding...)

Message 9 of 24 (1,721 Views)
 
Valued Contributor
Uborrow-Upay
Posts: 2,700
Registered: ‎10-16-2008

Re: scumbags known as chase

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‎10-07-2009 06:03 PM

Watchmann wrote:

Let me see if I have this straight:

 

1. OP freely agreed to the terms of the CC when he signed up for it, knowing that the APR could increase in the future.  :smileytongue:

2. OP has used this product for various reasons since he received it.  :smileytongue:

3. OP has a balance this month which happened to coincide with a rate increase that was completey spelled out to him in his account agreement  :smileysurprised:

4. Ergo, Chase are jerks and scumbags.  :smileymad::

 

I don't get why most conclude that the CCC is the bad actor here.  Just because bad economic times haven't happened before was no reason for the OP not to have a contingency plan in place just in case things went south.  Bad planning on the OP's part, but get on with the task at hand and pay the debt off ASAP.

 

If you don't like how the CCC's are acting write your elected representative, oh, wait, that hasn't worked out too hot recently either.

 

Message Edited by Watchmann on 10-07-2009 04:09 PM

Watchmann, I wish to compliment you on your most entertaining use of smilies! :smileyhappy:

Message 10 of 24 (1,612 Views)
 

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