Chase Manhattan Bank Complaint - Late Fees And Finance Charges On A Closed Credit Card!
I closed my credit card account with Chase Manhattan about three weeks ago. It was paid off in full by a balance transfer to a new credit card who offered me 1/5th the interest rate. They were raping me at almost 25% despite the fact I'd been with them almost 10 years, had never missed a payment, and most of that time it was paid off each month.
Anyway. Three weeks after I closed the account they, unbeknownst to me, added almost $200 in finances charges! To a closed credit card! THEN, because I had no way to know there was a balance to be paid, they added another $39 late fee on top of it! I'm sure they've made THOUSANDS off me over the last decade and then this? When I called to find out what was happening (I couldn't logon to see the statement since it was a closed account) I was met with long pauses (which sounded like I'd been cut off) and was basically yelled at by a woman with a thick Indian accent who kept repeating the same information, none of which made sense. [snip]
With greed like this it's no wonder the economy is tanking. I've been a reluctant supporter of the bailouts, but at this point, I say LET THEM FAIL. And send those responsible to jail. Directly give the American people the bail out money!