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Posts from ‘February, 2009’

Credit card securitization encourages fee-based profit model – from a sister-site of angry card holders

New Credit Rules was started in response to an outrage by Amex – the retroactive reduction of small business owner Kevin Johnson’s line of credit – in spite of a perfect payment history. Below is an article I found on his site explaining the financial approach, the method behind the seemingly mad abuse of customers […]


Chase Receives Patent for Fraud Protection Breakthrough

Hey, Check this out….. Excerpt from 2/24/09 – Business Wire : Chase Receives Patent for Fraud Protection Breakthrough Innovative “First Watch Intelligence” Protects Chase Customers from Identity Theft, Credit Card Fraud WILMINGTON, Del.–(BUSINESS WIRE)–“Building on its commitment to protect consumers, Chase Card Services, the credit card division of JP Morgan Chase & Co. [NYSE:JPM], announced […]


Class Action Lawsuit #9 Against Chase has now been filed by Green Welling LLP

Robert Green, of Green Welling LLP, contacted me several days ago to let me know that his firm was in the midst of filing another class action lawsuit against Chase.  After speaking with him on the phone, I agreed to do all that I could to assist relative to posting information on this site, as soon as it […]