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Tracy 's Comment on Chase Credit Cards
Re: Chase Rip Off Minimum payment doubling
User Comment
Main thread--Chase Credit Cards
From: Tracy
State: California
Posted: 02/03/2009
Subject: Chase Rip Off Minimum payment doubling
Comment:
http://www.gslawny.com/lawyer-attorney-1383679.html
In January 2009, Giskan Solotaroff Anderson & Stewart filed a class action lawsuit against JP Morgan Chase & Co. and Chase Manhattan Bank USA, N.A. (collectively, "Chase"), on behalf of a class of customers who have been charged a monthly service fee on balance transfers to their Chase credit cards that have low fixed APRs for the life of the loan.
In Chase's original agreement, Chase represented to its customers that to keep the low interest rates, the customers must only make timely required payments to Chase and the customers' creditors. As set forth in the complaint, lead Plaintiffs allege, on behalf of a class of similarly-situated customers, that Chase imposes, in violation of Federal and State law, a $10 monthly service charge and an increased minimum monthly payment on customers who wish to maintain the promised low fixed APR.
To obtain more information about the lawsuit, please use the form below.
Note that Giskan Solotaroff Anderson & Stewart will handle all received information as strictly confidential.
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