CHASE BANK USA - JPMORGAN A despicable practice to rip off consumers! Attention former WaMu credit card holders. WILMINGTON Delaware

Write your situation with Chase/WaMu or any other bank that raised your APR to outragious rates and their unethical business practices and how it has effected you to Comptroller of the Currency, Administrator of National Banks, Customer Assistance Group 1301 McKinney Street, Suite 3450, Houston Texas 77010-9050. Internet address: www.helpwithmybank.gov, Phone: 800-613-6743. I did contact them and now have a case number and hopefully will get some assistance as they also raised my APR to a rate of nearly 28%. You can read here what happened to me. Let's all say "I'm mad as hell and I'm not going to take it anymore."

Whenever I make a payment online, I always print out my receipt with my confirmation number. That way I will never have the problem with forgetting to hit enter or submit. Most people at least write the confirmation number down.

I'll bet they must get hundreds of calls a day from people who really didn't make their payment, but said they did and must not have hit enter. So, without a confirmation number, they would be hard pressed to believe you since all the real fibbers ruined it for you.

The list of complaints are growing daily. FYI, the CEO of JPMorgan/Chase is JAMIE DIMON. Get a letter off to him re your situations. Be recognized and counted. Send your story to the Comptroller of Currency's, (OCC's) Consumer Assistance Group. According to a Nevada member of Congress that I wrote my complaint to, the OCC may help us reach a satisfactory resolution to this problem with Chase. I've heard that there is a law office in New York state that may have a class action law suit against Chase for their conduct with consumers. Get online and find the contact information for Mr. Dimon and the OCC, let's sharpen our pencils and get started.
"In unity, there is strength."

The Attorney General of Nevada referred me re any complaint against Chase to write to: OFFICE OF THE COMPTROLLER OF THE CURRENCY
CUSTOMER ASSISTANCE GROUP
1301 MCKINNEY ST., STE 3450
HOUSTON, TX 77010
(800) 613-6743

I live in Nevada and wrote out my complaint re Chase Bank USA with copies of emails between WaMu and myself and copies of statements for a few months showing what my APR was with WaMu and how it went up to a default rate with Chase and sent all to the Nevada Attorney General, Bureau of Consumer Protection.
They referred me to The Office of the Comptroller Of The Currency
Customer Assistance Group
1301 McKinney St., STE. 3450
Houston, TX 77010
(800) 613-6743
This is an agency of the U.S. Treasury Department that has sole jurisdiction over all matters concerning national banks and actively pre-empts any action by any state to enforce deceptive trade laws, thus, the only governmental agency that can assist us in this matter.
They have forwarded by information and I will keep all informed. We that have been burned by Chase need to push back, hard.

First Chase does not "officially" take over WaMu until March 6th. Until that time you are still under the terms of your WaMu Card.

Included in the terms of your WaMu Card was conditions that if you were ever late they had the right to increase your interest rate. This has nothing to do with the merger with Chase, or even only with WaMu. Most major credit card companies will automatically increase your interest rate if you are late. WaMu would have done exactly the same thing even if they didn't merge. They don't care about the reason it wasn't late, just that it was late.

The funny thing is, you get people who come here to complain that they were never notified of these change in terms. I have 1 WaMu Visa card and have already been notified 3 different ways that the terms are changing effective March 6th. Perhaps I am getting all of the notices of the people who claim they don't get them..Or perhaps they actually don't take the time to read...

Oh and by the way I have never been late, and yes I also have an increase in interest rate. So they are doing it to every card holder.

First Chase does not "officially" take over WaMu until March 6th. Until that time you are still under the terms of your WaMu Card.

Included in the terms of your WaMu Card was conditions that if you were ever late they had the right to increase your interest rate. This has nothing to do with the merger with Chase, or even only with WaMu. Most major credit card companies will automatically increase your interest rate if you are late. WaMu would have done exactly the same thing even if they didn't merge. They don't care about the reason it wasn't late, just that it was late.

The funny thing is, you get people who come here to complain that they were never notified of these change in terms. I have 1 WaMu Visa card and have already been notified 3 different ways that the terms are changing effective March 6th. Perhaps I am getting all of the notices of the people who claim they don't get them..Or perhaps they actually don't take the time to read...

Oh and by the way I have never been late, and yes I also have an increase in interest rate. So they are doing it to every card holder.

First Chase does not "officially" take over WaMu until March 6th. Until that time you are still under the terms of your WaMu Card.

Included in the terms of your WaMu Card was conditions that if you were ever late they had the right to increase your interest rate. This has nothing to do with the merger with Chase, or even only with WaMu. Most major credit card companies will automatically increase your interest rate if you are late. WaMu would have done exactly the same thing even if they didn't merge. They don't care about the reason it wasn't late, just that it was late.

The funny thing is, you get people who come here to complain that they were never notified of these change in terms. I have 1 WaMu Visa card and have already been notified 3 different ways that the terms are changing effective March 6th. Perhaps I am getting all of the notices of the people who claim they don't get them..Or perhaps they actually don't take the time to read...

Oh and by the way I have never been late, and yes I also have an increase in interest rate. So they are doing it to every card holder.

First Chase does not "officially" take over WaMu until March 6th. Until that time you are still under the terms of your WaMu Card.

Included in the terms of your WaMu Card was conditions that if you were ever late they had the right to increase your interest rate. This has nothing to do with the merger with Chase, or even only with WaMu. Most major credit card companies will automatically increase your interest rate if you are late. WaMu would have done exactly the same thing even if they didn't merge. They don't care about the reason it wasn't late, just that it was late.

The funny thing is, you get people who come here to complain that they were never notified of these change in terms. I have 1 WaMu Visa card and have already been notified 3 different ways that the terms are changing effective March 6th. Perhaps I am getting all of the notices of the people who claim they don't get them..Or perhaps they actually don't take the time to read...

Oh and by the way I have never been late, and yes I also have an increase in interest rate. So they are doing it to every card holder.

Usually once you go to default rate banks look at several things which boils down to risk and profitability but here are the key points such as:

1) usage- more you use acct more profit fro them to offset expenses

2) creidt score- higher the score less percieved risk

3) payment history-which isnt the top priority like most think, what I mean is even if you have had excellent history and these other things dont fall into place your out of luck even if you had 30 years of great pay history. It comes to know and what profit have you made them lately

4)Balance- The higher the balance that has revolved for a long period of time can be risky, they look at money loaned as potential rsik if card is maxed out for long period of time that person usually is living beyong means and may default and you cant get money from the once they default.

Most think why make it harder for me to pay by raising my rate?

Easy look at it from their side:

1) Multiple late payments or overlimits raise the risk for accts, what happens when the rate is raised is the cm either pays it off transfers the balance somewhere else or defaults and when it defaults they usually collected so much in interest it doesnt matter the balance that was wriiten off because it was recooped in finanace charges. So its a win win for the banks the get the money one way or another or the get their subprime accts off thier books

Usually once you go to default rate banks look at several things which boils down to risk and profitability but here are the key points such as:

1) usage- more you use acct more profit fro them to offset expenses

2) creidt score- higher the score less percieved risk

3) payment history-which isnt the top priority like most think, what I mean is even if you have had excellent history and these other things dont fall into place your out of luck even if you had 30 years of great pay history. It comes to know and what profit have you made them lately

4)Balance- The higher the balance that has revolved for a long period of time can be risky, they look at money loaned as potential rsik if card is maxed out for long period of time that person usually is living beyong means and may default and you cant get money from the once they default.

Most think why make it harder for me to pay by raising my rate?

Easy look at it from their side:

1) Multiple late payments or overlimits raise the risk for accts, what happens when the rate is raised is the cm either pays it off transfers the balance somewhere else or defaults and when it defaults they usually collected so much in interest it doesnt matter the balance that was wriiten off because it was recooped in finanace charges. So its a win win for the banks the get the money one way or another or the get their subprime accts off thier books