Elizabeth | 30/01/09
I don’t think you can get them using class action. They are registered under Delaware law and that law allows them to make any changes to the credit card terms. If you noticed, they don’t make changes to your promotional offer. They are raising minimum payments from 2 to 5%, adding fees or increasing interest rate and if you don’t agree they’ll close your account. By doing so they are making you to agree to the new contract. Once you agree to the new terms you’re toast. But there must be something in it because their new offers are spelled correctly. There is no mentioning of “until paid in full” and they state clearly that they can change the terms at any time. The question is: What do their lawyers know that the entire American Bar Association doesn’t?
Ripped from http://www.timeforblogging.com/2007/04/19/boycott-chase-bank-and-learn-what-not-to-do-in-customer-service/
Go there and read all the other people's problems regarding Chase.
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