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Chase: “We’re guilty but we want you to forget about it and move on!”
The title of this post = What Chase is attempting to accomplish with their recent decision (after pressure from NY Attorney General Cuomo) to refund their ill-advised $10/month finance charge....
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The Consumers Union Action Fund site has a customizable form that allows you...
The Consumers Union Action Fund site has a customizable form that allows you to easily communicate your wishes regarding credit card reforms (S. 414 and HR. 627), assuming that you are in favor of...
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PRODUCT SAFETY RECALL: Chase credit cards “unsafe,” pose “risks of...
According to its Website, the U.S. Consumer Product Safety Commission (CPSC) is “charged with protecting the public from unreasonable risks of serious injury.” When contemplating product safety, most...
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Keep Writing, Faxing, Calling, Visiting, Your Representatives in Congress
Change is coming. Today, the House Financial Services Committee approved a credit-card “bill of rights” (H.R. 627), by a vote of 48-19. What should bring hope to a lot of the readers here, is the...
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This afternoon President Obama will tell top executives from 14 credit card...
Chase, and the other credit card companies may have finally met the day of reckoning. There are a plethora of news stories on the meetings between President Obama and executives of the credit card...
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Gearing up for new FED Rules —“is not going to be easy.”
In a comment from Barbara, she quoted the following statement attributed to Peter Garuccio, a spokesman for the American Bankers Association (ABA), originally taken from an article in the Washington...
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Chase to spend $30,000,000 to launch new Sapphire Credit Card targeting Wealthy!
Eighteen months in the making, Chase is launching a new Sapphire credit card aimed at the wealthy. Apparently, Chase has squeezed enough cash out of the 1,250,000 non-wealthy customers who are victims...
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Contracts written by credit card companies are bad faith agreements, which...
A September 14, 2009 article by Arthur Delaney of the Huffington Post entitled “Debtor’s Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO),” features a customer, Ann Minch, who is...
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“Legalized loan-sharking”: How much is too much?
I appreciate the comment by “M,” providing information about how the banks’ Congressional representatives voted on interest rate caps as provision of proposed C.A.R.D. Act legislation, which has now...
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I guess you’ll get involved once you’ve “lost your backpack and lunch money,”...
If you want to know why we are experiencing an all-out assault on the part of banks in the form of abuses with respect to credit cards, CNBC’s production, “House of Cards,” provides an excellent...
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