Thursday, June 23, 2011
Chase Bank's Foreclosure Disgrace from CBS news.
I missed this article from May of 2010, but CBS does a nice job of nailing Chase Bank and Jamie Dimon (who Barack Obama admires) on their horrible foreclosure tactics.
CHASE BANK DENIED ONE MILLION CUSTOMERS OPT OUT RIGHTS
AFTER INCREASING THEIR MONTHLY MINIMUM CREDIT CARD PAYMENT
BY 150% ON SUPER LOW INTEREST RATE CREDIT CARD AGREEMENTS.
OVER ONE MILLION CHASE BANK CUSTOMERS WERE ADVERSLY
AFFECTED BY THE 150% MONTHLY AMBUSH INCREASE.