- Report: #186668
Report - Rebuttal - Arbitrate
Complaint Review: JP Morgan Chase
JP Morgan Chasechase.com Wilmington, Delaware U.S.A.
JP Morgan Chase ripoff Formerly Bank One raised APR in extreme greed Wilmington Delaware
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As for the given reason (high debt ratio), I tried to explain that Capital One refuses to report my credit limit or high credit, which skews the numbers, but they have decided they would rather have their outrageous interest instead of a satisfied customer. I also had already paid down some of the amount of the card, and am still continuing to do so. I am spreading the word, and my National Geographic "Chase" card is not the only Chase getting the scissor treatment over this. I have never proven to be any financial risk, but they raised my rate from 7.9% to 26.7(!!!)%. They took over my account and let me have it. Be very wary of this bank!
This report was posted on Ripoff Report on 04/14/2006 02:56 PM and is a permanent record located here: http://www.ripoffreport.com/r/JP-Morgan-Chase/Wilmington-Delaware/JP-Morgan-Chase-ripoff-Formerly-Bank-One-raised-APR-in-extreme-greed-Wilmington-Delaware-186668. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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