Chase has gone insane (perplexed).
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Chase has gone insane (perplexed).
| Fri, 05-29-2009 - 9:02am |
Not really but with all the news on all the different credit card insanity.
I recently got my 2 chase statements and no, they aren't raising my rates (I think they already did that), no they didn't lower my minimums.
Instead...they are giving me a skip a payment option for this month.

Chase is a very solid company that has taken less risk in recent years than many other banks. They have always been a little more selective when it comes to issuing credit...they were not involved with the shady subprime mortgage market. I have several family members who work for them, and while this has been a scary year for all involved in the financial industry, I have been grateful that my family works for one of the more solid companies.
Heather
Though I know this is a good way for Chase to make money (I am betting a percentage of people will take Chase up on the offer and the company will score some extra money from interest accrued), as a card holder since 2001 I can attest to the company being terrific to us.
When we ran the trucking company, I used our personal Chase card for fuel.
Norma
"Patience is the best remedy for every trouble"- Plautus
I got a notice within the last week or two that they are raising my rate on my chase card, we just got moved over there from WaMu, but I also saw on the bottom of my most recent statement the option to skip a payment.
Sarah
http://finallyasurveysitethatpays.blogspot.com/
Sarah
http://marilynmonroeshop.info
Becky
We used to have 4 chase cards down to 2 now We have had some kind of chase card for at least 10 to 15 years and they have always had that practice once a year on the month that you took out the card.
I skipped a few times but most of the time I just paid the payment.
I had another card that did that too and I sent them the interest amount and they hit me with a bunch of charges but then the refunded them. Said you either send the normal payment or nothing no inbetween.
Just keep that in mind.
Mary Ann
Wow, Mary Ann, that's horrible!
I get this "skip-a-payment" offer all the time from my MBNA card.
Kate
Kate
I must have written something down wrong.
I used to get the same thing every December from my union card about the skip payment thing.
A couple of years ago. I decided I would skip the payment but just send them the interest instead.
They got me for partial payment and getting behind in my payment. late fees and whatever
I find that weird.
Becky
CL of 4th, 5th & 6th grade Scoliosis
don't do it send it to another bill
Been there done that not cute
Mary Ann