Request to return $4 billion
More drama as the former WaMu holding company asks a judge to make JP Morgan Chase return $4 Billion in money it says belongs the them and was illegally seized. (story)
More drama as the former WaMu holding company asks a judge to make JP Morgan Chase return $4 Billion in money it says belongs the them and was illegally seized. (story)
Chase gets you if you pay late, we know that. Now they get you if you pay too early too. (story)
Think WaMu was the only part of Chase that was doing mortgage shenanigans? This story might convince you otherwise.
Another reason not to bank with Chase: they have draconian penalties associated with early withdrawal from a CD. (story)
Here is another site dedicated to sharing Chase frustrations.
There is a new class-action lawsuit going after abusive overdraft fees that includes JP Morgan Chase. (press release) If you are interested in joining the lawsuit, go here.
We’ve previously reported on Chase’s automatic overdraft protection and how they plan to change it to opt-in early next year. What is unclear is whether it is possible to opt-out now. According to this article, they don’t allow customers to opt-out at this time but we have seen other sources that indicate you can opt-out. The one best thing you can do to save yourself money is to call them and try to opt-out of the automatic overdraft protection for debit cards.
Did Chase foreclose on a property without informing the borrowers? (story)