Wednesday, April 29, 2009
PLEASE JOIN MY PROTEST AGAINST THE CREDIT CARD COMPANIES, STARTING WITH CHASE BANK, AT DAILY-PROTEST.COM
I wrote letters to 50 attorneys general in the United States back in 2004 when my GM card raised the monthly minimum payment from 2.0 percent to 2.5% and would not allow me to opt out. It appears they did nothing to protect the consumer when it comes to opting out as now Chase credit card has done the exact same thing, and topped what GM card did by raising the monthly minimum payment by 250% to their best customers while not allowing them to opt out. Please join my worldwide protest against the Credit Card Companies. Daily-Protest.com
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6 comments:
All I know is this. Congress has an alibi. They addressed the issue a few months ago and came to the decision we will have to suffer until July 2010 when the rates will be rolled back to what we once considered agreeable.
Last week, Obama met with the Banks. He told them we couldn't understand the fine print in our contracts...telling them to use bigger print.
That is all. Beating a dead horse isn't going to make him stand up and say hi... we're all at the mercy of Credit Card rates having no recourse because it was legislated by Congress. As Senator, Obama marked himself present without suggesting Caps on rates. Edwards voted for a cap of 32%
ALL the Credit Card Companies are doing it, not just Chase.
Credit Card Debt Consolidation is suitable for people who have credit card, store card or debts from home shopping catalogues which they are unable to meet the minimum repayment requirements each month or find that they are paying so much high interest that the debts are not being reduced significantly.
What Chase did that is lethal is they changed terms without offering the customer the courtesy of "opting out".
What makes this worse is that Chase changed terms on low interest loans, and they did it against people that were never late with their payments.
If Chase wants to change terms, offer their customers an opt out option, it is that simple and logical.
I will try to join protest.com, by the way i have got lots of information on protest.com
this website(protest.com) have good collection of information..
we can get lots of information from "protest.com" thanks for sharing...
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