Chase credit card minimum payment class action lawsuit
The court has approved class action status for a lawsuit alleging that Chase improperly violated customer credit card terms when they raised the minimum payment for some customers from 2% of the outstanding balance to 5%.
You can find more information on this lawsuit here.
Fees & charges, Lawsuits | admin December 4, 2011
By patty brey, January 7, 2012 @ 1:11 pm
I really hate this Bank!!! They took over my bank and it was a year long nightmare of disappearing safe deposit box gold worth $17,000! They didn’t care–left me on hold for 90 minutes until the bank closed and they could just hang up the phone. Google Chase Fraud and you’ll see they’ve a history of defrauding deposit box customers in london-confiscating clients assets is what it’s called.
By Third party debt, December 4, 2012 @ 11:23 am
I believe CHASE is trying to perfect credit card debt transferred to CHASE by FDIC from WAMU.
CHASE could potentially illegally perfect this transferred debt by selling assigning or transferring debt to third party debt collectors.
I believe if CHASE is NOT the ORIGINAL CREDITOR then they are a Third Party Debt Collector.
Time for class action.
They should return up to $250,000,000.00 if that has been collected or transferred.
This might fall under the collection company rule from what I have heard.