CHASE RIPS OFF CUSTOMERS ONCE AGAIN
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CHASE STARTS TO CUT CUSTOMERS CREDIT LINES
IS CHASE READY TO FAIL?
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CHASE STARTS TO CUT CUSTOMERS CREDIT LINES
IS CHASE READY TO FAIL?
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Chase Bank In Times Square
Once again the crooks at the credit card companies are at it again and this time it is Chase. I am tired of dealing with these crooks, these thieves. Thats what these banks are.
After calling for all my readers to close their Bank Of America accounts, I am now asking the same about Chase. Below are just two examples of the crooks of JP Morgan Chase from this year alone. Chase has many many cases involving fraud against it, and like always, no one goes to jail. Like always, they pay a little fine compared to what their customers lost.
CHASE BREAKS LAW AND DEALS WITH CUBA AND IRAN
JPMorgan Chase recently agreed to pay an $88.3 million fine to settle charges the bank violated regulations that prohibit lending money for the illicit nuclear trade and that cover dealings with Cuba and Sudan, the Associated Press reported. The U.S. Treasury Department’s Office of Foreign Assets Control said some of JPMorgan Chase's (NYSE:JPM) "apparent violations" of the regulations were serious. The government mentioned a 2009 incident when the bank made a $2.9 million loan to another bank, which extended credit to a ship that had been identified as linked to the Iranian government. The bank also was charged with processing 1,711 wire transfers totaling $178.5 million involving Cubans.
CHASE AND THEIR HEDGE FUND BET AGAINST CUSTOMER
On another Chase Crime, JPMorgan agreed to pay $153.6 million to end a Securities and Exchange Commission suit. The SEC alleged that the New York- based bank failed to tell investors in 2007 that a hedge fund helped pick, and bet against, underlying securities in the collateralized debt obligation they purchased.
I could go on and on, but what set me off today was a letter lowering my credit available on two of my cards. I have very small balances on both cards, so this is something I could not understand. And my credit score is almost 800 and I have never been late with a payment, ever!
So when I called them today, they explained they pulled my credit report and I have seven accounts. I said, so what. Not one of these accounts is ever late and I open accounts now and then when I receive a good deal from some company. Who does not have store accounts and a few credit cards? I told the guy, that my Chase cards had a very small balance, they are not even close to being maxed out. The guy did not budge.
I can go on and on, but why bother. What it looks like is Chase will deal with Cuba and deal with Iran illegally , but is getting ready to screw the American Customer once again. A quick search of the Internet will show fine after fine for Chase. The fine never matches what they made on their crooked deals, so for the scum bags at Chase, the fines are just a cost of doing crooked business.
I really believe it is time for all Americans to stop paying their Credit Card bills once and for all. These banks will never stop because no one ever has to go to jail. Until CEO's of these banks start being sent to jail, this will continue to happen no matter what fines they are charged.
It looks like Chase is not as solid as they are making themselves out to be. Only a company that is worried, starts cutting their good customers credit. This only happened once before and that was a few years ago when the whole financial market crashed. Then they borrowed taxpayer money to save their rich shareholders and used none of it as it was intended, which was to help the American consumer.
Chase is one of the most fined companies in history. They are right next to Bank Of America. I closed My Bank Of America savings and credit card accounts and now I am going to pay off my small balance on my Chase Cards and throw them in garbage like I did with Bank Of America. Americans need to not stand for these companies squeezing us like this. They do not care about America, all they care about is their rich shareholders.
CHASE WILL FIRE AMERICANS AND HIRE OVERSEAS
It is also good to note, that these banks keep laying off their American employees and hiring overseas. Americans are good enough for them to take our money, but Americans are not good enough to be employed by them. Close your Chase accounts and if you still have Bank Of America, close your accounts there too. These big banks are too big. Put your money in a small bank or a Credit Union, the service is better and they are not out to get their customer.
After calling for all my readers to close their Bank Of America accounts, I am now asking the same about Chase. Below are just two examples of the crooks of JP Morgan Chase from this year alone. Chase has many many cases involving fraud against it, and like always, no one goes to jail. Like always, they pay a little fine compared to what their customers lost.
CHASE BREAKS LAW AND DEALS WITH CUBA AND IRAN
JPMorgan Chase recently agreed to pay an $88.3 million fine to settle charges the bank violated regulations that prohibit lending money for the illicit nuclear trade and that cover dealings with Cuba and Sudan, the Associated Press reported. The U.S. Treasury Department’s Office of Foreign Assets Control said some of JPMorgan Chase's (NYSE:JPM) "apparent violations" of the regulations were serious. The government mentioned a 2009 incident when the bank made a $2.9 million loan to another bank, which extended credit to a ship that had been identified as linked to the Iranian government. The bank also was charged with processing 1,711 wire transfers totaling $178.5 million involving Cubans.
CHASE AND THEIR HEDGE FUND BET AGAINST CUSTOMER
On another Chase Crime, JPMorgan agreed to pay $153.6 million to end a Securities and Exchange Commission suit. The SEC alleged that the New York- based bank failed to tell investors in 2007 that a hedge fund helped pick, and bet against, underlying securities in the collateralized debt obligation they purchased.
I could go on and on, but what set me off today was a letter lowering my credit available on two of my cards. I have very small balances on both cards, so this is something I could not understand. And my credit score is almost 800 and I have never been late with a payment, ever!
So when I called them today, they explained they pulled my credit report and I have seven accounts. I said, so what. Not one of these accounts is ever late and I open accounts now and then when I receive a good deal from some company. Who does not have store accounts and a few credit cards? I told the guy, that my Chase cards had a very small balance, they are not even close to being maxed out. The guy did not budge.
I can go on and on, but why bother. What it looks like is Chase will deal with Cuba and deal with Iran illegally , but is getting ready to screw the American Customer once again. A quick search of the Internet will show fine after fine for Chase. The fine never matches what they made on their crooked deals, so for the scum bags at Chase, the fines are just a cost of doing crooked business.
I really believe it is time for all Americans to stop paying their Credit Card bills once and for all. These banks will never stop because no one ever has to go to jail. Until CEO's of these banks start being sent to jail, this will continue to happen no matter what fines they are charged.
It looks like Chase is not as solid as they are making themselves out to be. Only a company that is worried, starts cutting their good customers credit. This only happened once before and that was a few years ago when the whole financial market crashed. Then they borrowed taxpayer money to save their rich shareholders and used none of it as it was intended, which was to help the American consumer.
Chase is one of the most fined companies in history. They are right next to Bank Of America. I closed My Bank Of America savings and credit card accounts and now I am going to pay off my small balance on my Chase Cards and throw them in garbage like I did with Bank Of America. Americans need to not stand for these companies squeezing us like this. They do not care about America, all they care about is their rich shareholders.
CHASE WILL FIRE AMERICANS AND HIRE OVERSEAS
It is also good to note, that these banks keep laying off their American employees and hiring overseas. Americans are good enough for them to take our money, but Americans are not good enough to be employed by them. Close your Chase accounts and if you still have Bank Of America, close your accounts there too. These big banks are too big. Put your money in a small bank or a Credit Union, the service is better and they are not out to get their customer.
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