David Lazarus: Chase cardholders see payment hike as a raw deal

OH MY I just want to say WHO's NEXT which bank is going to be next one to try to scew us over... Bank of America NOW CHASE...

I can not stress enough that you guys need to call Lighthouse Credit Foundation... they can lock ALL you unsecured loans at 2%... Its not a consolodation loan.. They are a non profitt organazation that has contracts with creditors... and IT ACTUALLY RAISES your credit score..because the balance goes down SO much faster due to the interest rate being lower... and your available credit goes up...

SO PLEASE before this happens to you give them a call and let them crunch some numbers for you...

(800)873-9906 ext.#3769 promo code 249511

Yes, I saw this from several banks, Bank of America first, then JP Morgan Chase purchased Wamu and did the same or worse, they jacked up interest rates to near 30% on existing balances on customers who had never even been late let alone missed a payment.
I think people are sick of these bastards, they took federal money then screwed the very people who bailed them out, the taxpayers. Now they are back to their old tricks, bonuses, jets, vacations ect.
How may elderly people have they ripped off month after month with bogas fees, jacked up interest rates, these crooks should be going to jail not on vacation, they sure screwed Obama, that goes to show what happens to people who trust our banks.

Yes, they say they are making billions this quarter, well I guess so after ripping off millions of customers daily.

The ripoff was all planed, the credit card companies first lower the credit lines of thousands of good customers, people who had never even been late. This made the customers balances look maxed out when in reality it was the card company who maxed them out.

Now that the banks have caused the customers account to be maxed out the customers credit score drops and the banks have an excuse to raise interest rates and min payments to near double.

This was all pre planned by the banks, they are manipulating credit scores by lowering credit limits and thus giving an excuse to rase rates on customers. This is crooked and evil, it is robbery, nothing less.

I SO KNOW WHAT you are saying!!! This has happened to me and several people I know SINCE LAST NOVEMEMBER!!!!! This is an email that I emailing out to as many people as I can to people know what is going on... there are so many people that are still blind and think its not going to happen to them... I talked to a woman I work with last week..and her comment was "they have to keep mine at 3.9% until I pay off the balance" I WANTED TO SHAKE HER..and TELL HER they dont have to do anything!!! They will do what they want... People need to wise up before they are next...

But here is a copy of the email I am sending out to people...

If you or someone you know has a credit card with these banks you need to read this: Bank of America, Chase, and Discover.

This is an article from the Washington Post letting clients know what is being done to them before the new law passes to prevent this. http://www.washingtonpost.com/wp-dyn/content/...

Banks are out of money and they are increasing rates and fees to make up for lost revenue.

Dont let them happen to you.. This company called Lighthouse Credit Foundation will help you lock in your interest rate before they can increase it. I used them and they locked mine in at 2%. There are no requirements like bad credit scores, late payments, or anything like that. They are just wanting to help americans before this happens to them. Their website is www.lighthousecredit.org

The number is (800)873-9906 ext.#3769 promo code 249511 and her name is Paige.

Here is a part from the Washington Post article that is happening to people left and right:

"Charles Chichester Jr., a 65-year-old retired U.S. Postal Service employee who lives in Fairfax County, was trying to pay off his credit card soon but now fears he will be unable to do so at all. He received a letter from Chase, he said, notifying him that his $373 minimum monthly payment would increase to more than $900. When he called to say he could not afford that, a Chase representative told him to consult with a credit counselor, he said. That's exactly what he plans to do.

"The 900-something-dollar minimum monthly payment is just something I cannot do,""



Good luck and if you have any questions you may email me back at oliviaj@skybest.com

Please pass this on to anyone you know or care about before they face this.

Sincerely

Olivia Jenkins