User Comment by Lynn on Misc credit card complaints







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Lynn's Comment on
Misc credit card complaints

Re: Chase minimum payment hike

User Comment

Main thread--Misc credit card complaints

From: Lynn
State: CA
Posted: 09/21/2009
Subject: Chase minimum payment hike
Comment:
Chase's unfair business practices have destroyed me financially. I have a Chase credit card that was used to consolidate debt several years ago. It has taken time, but the debt was slowly whittling down. With a fixed 5% interest rate, Chase figured out the only way they could make money was to hike my minimum payment. It went from $600 to $1400 in one month. I have always made my payments and was not willing to walk away from debt I took on. Chase is giving me little choice but to default and ruin my hard-earned credit.

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