We all know that Opting out is MUCH MORE IMPORTANT than increasing fee increases from 30 days to 45 days. Also, what matters more is being able to opt out AFTER we see the change in terms on either of our first TWO BILLS after the change has been made!

http://www.Daily-Protest.com

This is just crazy!

http://www.Daily-Protest.com

Once it’s in transcript form it is easier to find and quote.

http://www.Daily-Protest.com

Understood…I will cease and desist.

They were telling the truth.

What Chase is saying NOW is a lie.

When I entered into this agreement with Chase, both parties (Chase and I) agreed on the terms. Part of the agreement was that either party could “opt out” of any change proposed by the other party, and then the account would be closed, and the borrower would continue to pay off the balance, under the already agreed terms, over time.

Chase now claims that “opting out” means that the borrower pays the full balance immediately. That is a lie. That was not my definition of “opting out,” when I entered into an agreement with Chase. And (this is important) that was not Chase’s definition of “opting out,” when it entered into an agreement with me. At the time, both parties AGREED about the meaning of “opting out.” The testimony of Franke and Srednicki is proof that Chase understood “opting out” in exactly the same way as I understood it. Therefore the new definition of “opting out” is a CHANGE.

The new definition did NOT exist, according to EITHER party, when we entered into the agreement. The testimony of Franke and Srednicki proves this, beyond a shadow of a doubt.

“Outdated” is a very interesting interpretation in light of the fact that Chase’s behavior relative to the change in terms is certainly consistent with its overall pattern of twisted logic (and lack of a moral compass). In effect, Chase is also saying that the assurances it made when it promoted “life of the balance loans” are also “outdated.”

Here’s what I wonder: Aren’t the promises account holders made, to pay, therefore “outdated,” too? After all, I promised to pay in 2006, whereas the “we treat customers fairly by providing an opt out” testimony was given by Carter Franke (and the former CEO of Chase Card services) in 2007.

Therefore, by virtue of the “lifespan of promises” (about a year and a half, for Chase), I think my promise must be even more outdated!

Honor, integrity, keeping your word (which is what offering an opt out as promised would be) are “OUTDATED”???

The Carter Franke testimony meant absolutely nothing. He lied, pure and simple – like a little kid who gets caught with their hand in the cookie jar….saying anything to get out of trouble. How can he sleep at night?

By all rights, Chase and Carter are going down. There is no way that a company can treat people the way Chase has treated hundreds of thousands of (formerly) loyal customers and come out with their business in tact. If someone had told me six months ago, that Chase would shamelessly promulgate these egregious, unjust, punitive change in terms upon the very people who have been the lifeblood of their business, I would have bet the farm against it. Now if you told me Chase executives are busy tying widows and orphans to railroad tracks to extract every last dime they have from them, I’d believe it!

Chase’s actions are beyond belief. It is a nightmare – unfortunately, a nightmare from which we can’t wake up.

Chase has no shame and has lost all credibility.