And i see I am not alone.....chase has been ripping off many customers  likewise. U will see the details below. http://www.consumeraffairs.com...

junkynfunky · Jun 26, 2010 4:20 PM

JunkyFunky, Your title reads to me as "I'm irresponsible and I like to blame others for the mistakes I make." When you applied for the credit card with Chase initially you accepted the terms and condition (TOS). The TOS was sent to you along with your credit card. You probably read a few lines and trashed it? Being in recession does not give you an excuse to miss your payment due date. If you cannot at least pay the minimum amount then why use a credit card? I am sorry If I sound harsh but that's how the reality is. What could you have done to prevent it instead blaming chase here in Sajha for nothing? The day you missed the payment you could have called the credit card company. Highlight that you have been a good customer and have always made payments on time (if that is the case). Request them to forgive this one time mistake and let them know that you already sent the payment. Being nice is the way to get things done. Many cases they will check your payment history and let you go. I've seen people in your situation before and what disgusts me is not your situation but your attitude and mentality. Do some research before your sigh any papers. Know the positive and negative. Moral of this story: Don't jump in the water if you can't swim! Regards, Incandescent PS: Pardon me if I have made you mad and added insult to injury. You have every right to get back at me.

Incandescent · Jun 26, 2010 4:20 PM

DOnt just act smart here incadescent.....I am well aware of the things I signed for.............. How unjusatful it is to spike your APR from some 12 % to Whooping 29 % for just missing one payment. I have never been late or missed any other payments.........I tried calling chase more than a year now to get it fixed  but they are turning a deaf ear on it.....There has to be some kind of leniency and forgiveness on the part of the lenders on this small mistakes that  consumers make and not just try to rip everyone off every chance they get.   PS read those consumer affairs before blaming other you smart A**. Prolly thats why the feds had to come in to regulate these predatory practices I wonder.

junkynfunky · Jun 26, 2010 4:29 PM

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junkynfunky · Jun 26, 2010 4:43 PM

NIce one credit reform in action http://www.youtube.com/watch?v...

junkynfunky · Jun 26, 2010 4:45 PM

http://www.youtube.com/watch?v...

junkynfunky · Jun 26, 2010 5:02 PM

Junkyfunky, "Ont just act smart here incadescent"     " PS read those consumer affairs before blaming other you smart A**." I understand that you are upset with your situation and I don't mind you calling me "Smart A**". If it helps to resolve your situation please be my guest and make some more bright comments as above. You mention that it happened a year ago? oh boy! "How unjusatful it is to spike your APR from some 12 % to Whooping 29 % for just missing one payment." If you have taken the time to read the TOS before applying for a  credit card, you would have been asking this question to yourself! Find the packet that came with credit card and it will clearly say what your default APR would be if you miss a payment. So if the default APR is 29% or 39% it is your responsibility to read the fine prints. Yes it is a ridiculous amount and you my friend happened to accept the terms. However if the credit card company changes their default APR to something different from what you initially signed up then they will send you an opt out letter. I'm not supporting chase or the false practice of these companies.From what I understand consumers need to be more careful and educated about the financial products they sign up for. As you mentioned earlier its recession and everyone is strapped for money and big financial institutions are no exception. They will try to dime and nickle you in every possible way. So, why give them the opportunity? I do not think there is a way to resolve this issue by applying another credit card, my friend. Any new financial institution will reject your new card application or give you very low credit limit, since you have a missed payment previously and its only been a year. Even if they do give you one it will definitely be a high APR. The only way to resolve it is borrow money from someone and pay it off. I hope your debt is not more than 10K - 15K. Otherwise you will keep on paying high interest. Good luck. Best wishes, Incandescent.

Incandescent · Jun 26, 2010 5:11 PM

DOnt worry about my debt. Its less than 2 K ....I am just frustrated at the way Chase handled the situation and where my rights fall as a borrower.  How much is too much from the credit card companies. Good debate is always welcome Ok Lets make this thread an informative one......my 2 more cents more.. Dateline NBC Debt Trap part 1 through 10 watch it on youtube....on why credit card are predatory. watch on the youtube where Even Harvard Law Professor cannot understand the fine print. http://www.youtube.com/watch?v...

junkynfunky · Jun 26, 2010 5:26 PM

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junkynfunky · Jun 26, 2010 6:22 PM

Just 29.99 lai pani dubyo re . mero 125 increase garda kai bhachaina

K-town Gangster · Jun 26, 2010 7:36 PM

guys, have you ever seen your credit card statement within last few months. They clearly state with bold letters that if you miss your payment they will charge you a fine and increase your APR straight to 29.99% after this new rule.

syal · Jun 26, 2010 9:53 PM

That is what it is.....it is your mistake....that is what they are waiting for.....i had one friend.....he had discover card of line $2000 for 0% life long......but condition was “if he miss any payment or use more than limit or etc than new apr will be 22%” If you have missed by 1-2 days ….then call them they might consider…. I missed my payment by 1 day for the citicard….and they didn’t fine or increase my apr. Last edited: 26-Jun-10 10:47 PM

Free H1B · Jun 26, 2010 10:39 PM

Bad economy, every thing sucks. Did you read about new hiring ? They are not hiring unemployed rather concentrating on employed. 

syanjali · Jun 27, 2010 8:17 AM

Wow incadscent bro, I am amazed to watch how your terrific reply made originator of this thread to change his tune 180 degrees !!!!Keeo it bro !

maalpaani · Jun 27, 2010 9:55 PM