Chase Manhattan Bank Complaint - APR increase for no reason
TAMPA, FLORIDA -- I have had a Washington Mutual card for several years now. Well Chase took over WaMu, and soon after they did my fixed APR went from 7% to 29.99%. I have never been late on a payment, nor have I missed one. I have great credit. I was told there was not a particular reason why it was increased, but that it was and there was nothing I could do about it. That jump is just ridiculous and I am forced now to pay a huge finance charge because of it.
I am paying the card off ASAP and will never use Chase for anything.