Complaint Review: Chase Visa Credit Card - New York New York
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Not Confirmed
- Chase Visa Credit Card 270 Park Ave. New York, New York United States of America
- Phone: 212-270-6000
- Web: www.chase.com
- Category: Credit Card Processing Companies
Chase Visa Credit Card J.P Morgan Chase & Company Chase Decreased My Credit Limit By 85% Based On An Unsubstantiated Credit Report New York, New York
*Consumer Suggestion: typical
*Consumer Comment: *MAYBE THE EXECUTIVES AT CHASE AREN'T REALIZING THE AMOUNT OF MONEY FROM THE "SECRET LIFE INSURANCE POLICIES" THAT THEY TOOK OUT ON THEIR EMPLOYEES AND....
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
After over 7 years of making my payments in full and on the date that they are due, Chase Bank decided to decrease my credit limit by 85% without due cause. They based their decision on an unsubstantiated Credit Bureau report from Experian. Instead of basing their decision on my actual payment history to Chase or any other creditor for that matter, they decided to arbitrarily decrease my credit limit by nearly $6000. This short-sighted action transpired at the same time that I was vacationing with my family. Chase sent me a form letter of their pathetic decision two weeks after I returned from vacation and one month after they reduced the credit limit on my account. This entire ordeal smacks of hypocrisy given that Chase was a recipient of U.S. Federal Government Bail-Out funding in 2009. Chase has proven time and time again that they cannot be trusted and this action is a perfect example of their complete and utter incompetence.
This report was posted on Ripoff Report on 03/08/2010 01:29 PM and is a permanent record located here: https://www.ripoffreport.com/reports/chase-visa-credit-card/new-york-new-york-10017-2070/chase-visa-credit-card-jp-morgan-chase-company-chase-decreased-my-credit-limit-by-85-b-579277. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here:
#2 Consumer Suggestion
typical
AUTHOR: axamari - (United States of America)
SUBMITTED: Tuesday, February 12, 2013
All CC companies do this now. I had a card through American Express, perfect payment history and had it for almost a decade. They decided to close it citing a report from the credit bureaus. It happens because all you are is an account number, not a person. Best thing to do is get rid of credit cards completely. I use a debit card attached to a separate bank account I have set up just for purchases if I need it. If I want more credit I put more money into it. I make monthly payments to it if I buy something. If I want to go a couple of months without paying for what I charged I can do it and not have late fees, finance charges, etc. I'm done with credit card companies they are just scam artists.
#1 Consumer Comment
*MAYBE THE EXECUTIVES AT CHASE AREN'T REALIZING THE AMOUNT OF MONEY FROM THE "SECRET LIFE INSURANCE POLICIES" THAT THEY TOOK OUT ON THEIR EMPLOYEES AND....
AUTHOR: Karl - (USA)
SUBMITTED: Tuesday, March 09, 2010
they decided to lower the limits on some of their cardholders, right?
Related Reports
04:52 PM
07:19 AM
06:27 PM
12:47 PM
New 
Updated Rebuttal 
Photo 
Advertisers above have met our
strict standards for business conduct.
