In a similar story, WaMu took a customers loan application fee even though they didn’t offer the type of loan the person wanted. They refused to refund the money until reporters started asking questions.
Bad bad Chase | admin September 22, 2009 | 
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This fridary 9/25 is the one year anniversary of WaMu’s seizure by the FDIC and sale to JP Morgan Chase. This is a good time to reflect on whether things have gotten better or worse under Chase than they were under WaMu. In the past year I haven’t heard a single story about a WaMu customer being pleased that their bank is now Chase.
Uncategorized | admin September 21, 2009 | Comments (0)
More lawsuits against Chase for revoking home equity lines. The latest one in California.
Uncategorized | admin September 19, 2009 | Comments (0)
Charles sent his credit card payment to the address listed on his credit card companies website. That company also handled some cards for WaMu. Somehow the payment ended up in WaMu’s hands and they cashed the check even though it wasn’t made out to them. Now they won’t give the money back. (story)
Uncategorized | admin September 18, 2009 | Comments (0)
Chase is launching the new blueprint credit card that allows you to separate and pay off certain types of purchases, such as groceries, each month (your Full Pay categories), while carrying a balance for other purchases. It gives you tools to set goals for paying off large purchases over time. Most importantly, it waves the interest between the date of purchase and the due date on Full Pay category purchases. Oh wait, my Bank of America credit card (and most other cards) already does this, it’s called THE GRACE PERIOD! Nice try Chase.
Uncategorized | admin September 17, 2009 | Comments (0)
There is no way around it, debit cards are dangerous – not only do you risk overdraft fees for many small charges if you banks automatic overdraft protection is in place, but disputing a charge can be infinitely harder than with a credit card. If you do have to dispute a charge, here is a handy guide. The best advice we can give you is to stay away from using debits cards for purchases. If you do need to use a payment card, use your credit card instead and pay the bill as soon as it comes to avoid fees.
Uncategorized | admin September 16, 2009 | Comments (0)
If you have never taken a cash advance on your card, pay your bill on time, and don’t use your card often enough, Chase claims you are a high risk and will raise your interest rate. (story)
One California homeowner (and fire victim) was charged a cancellation fee for paying off his home equity line, despite that practice being against CA law. He informed WaMu/Chase about the law, but they were clueless. He took them to court, but they didn’t show. He contacted the press, and Chase finally said they would do someting about it. Is that what is necessary to get Chase to get a clue?
Uncategorized | admin September 12, 2009 | Comments (0)
