From: Donna
State: FL
Posted: 01/29/2009
Subject: Today Show Chase comments
Comment:
I just watched Jean Chatzky on the Today Show and cannot believe that she bought into Chase's explanation that they are trying to help the customer by getting them to pay off their balances at a faster rate thus saving them money over the long run. The truth is that Chase just does not want to honor their fixed rate balance promise because they are not making enough money off of their customers who actually took them up on this offer. It is hard for me to believe that an extremely smart woman such as Ms. Chatzky does not see right through them. Her suggestion was to find a new credit card. I, like many, have been laid off in the past few months. Good luck finding new creditors. Imagine what would happen to people if all of the credit card companies decided to do this to their customers.
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