http://www.changeinterms.com/2008/12/28/no-problem-extrapolating-that-chase-is-going-to-harm-millions-of-people/ Now We're Coming After You Thu, 19 Jan 2012 05:54:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.changeinterms.com/2008/12/28/no-problem-extrapolating-that-chase-is-going-to-harm-millions-of-people/comment-page-1/#comment-568 Chase’s new 5% minimum payment: An increase so onerous, it would make a loan shark’s mother proud – ChangeinTerms.com Sun, 15 Mar 2009 15:21:31 +0000 http://www.changeinterms.com/?p=239#comment-568 [...] Notwithstanding any determination one way or another through adjudication, Chase’s new 5% minimum payment demand is certainly coercive.  It enriches Chase and hurts account holders.  It places customers in harm’s way of being unable to remain solvent because that payment increase (multiply an account balance times 2.5) is so onerous that it would make a loan shark’s mother proud.  In the event that the account is held by a small business owner, or a person with a family (like me), then it will have consequences that will reverberate to impact many more persons than just the account holders themselves. [...] [...] Notwithstanding any determination one way or another through adjudication, Chase’s new 5% minimum payment demand is certainly coercive.  It enriches Chase and hurts account holders.  It places customers in harm’s way of being unable to remain solvent because that payment increase (multiply an account balance times 2.5) is so onerous that it would make a loan shark’s mother proud.  In the event that the account is held by a small business owner, or a person with a family (like me), then it will have consequences that will reverberate to impact many more persons than just the account holders themselves. [...]

]]> http://www.changeinterms.com/2008/12/28/no-problem-extrapolating-that-chase-is-going-to-harm-millions-of-people/comment-page-1/#comment-9 A lesson in executive logic (greed and sleaze at Chase) – ChangeinTerms.com Wed, 31 Dec 2008 18:53:48 +0000 http://www.changeinterms.com/?p=239#comment-9 [...] forcing them by coercion into door number 1, 2, or 3, to the detriment of account holders (and millions of others), and the benefit of Chase (relative to its change in terms, effective January 1, 2009).  [...] [...] forcing them by coercion into door number 1, 2, or 3, to the detriment of account holders (and millions of others), and the benefit of Chase (relative to its change in terms, effective January 1, 2009).  [...]

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