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"Change of Terms"
Sep 25, 2023 07:37:21   #
jerryc41 Loc: Catskill Mts of NY
 
I clicked on my Chase credit card account to see if there was anything unusual going on, and I was told there was a "Change of Terms" I had to accept. I clicked on the file: 125 pages long. 🤣

Is anyone to read all those pages of text? Is anyone going to understand all that legalese? Is anyone going to notice what was changed? Unlikely. Still, Chase did tell its users that the next time they used their card, it would assume ownership of their house and car. In addition, the interest rate would increase to 125% daily.

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Sep 25, 2023 08:07:25   #
DougS Loc: Central Arkansas
 
You forgot to mention that they were also going to get their jewelry, and any retirement funds... and all other assets!

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Sep 25, 2023 08:51:32   #
jerryc41 Loc: Catskill Mts of NY
 
DougS wrote:
You forgot to mention that they were also going to get their jewelry, and any retirement funds... and all other assets!


Ah, yes! The retirement fund.

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Sep 25, 2023 10:04:18   #
markngolf Loc: Bridgewater, NJ
 
jerryc41 wrote:
I clicked on my Chase credit card account to see if there was anything unusual going on, and I was told there was a "Change of Terms" I had to accept. I clicked on the file: 125 pages long. 🤣

Is anyone to read all those pages of text? Is anyone going to understand all that legalese? Is anyone going to notice what was changed? Unlikely. Still, Chase did tell its users that the next time they used their card, it would assume ownership of their house and car. In addition, the interest rate would increase to 125% daily.
I clicked on my Chase credit card account to see i... (show quote)


I have 4 Chase credit cards. They like me and provide great customer service when needed. My cards are paid automatically every month. I have an 840 credit rating. I seldom pay cash when purchasing. I would never attempt reading "change of terms". I don't need to know that to pay my bill at the grocery store. I try to keep it simple.
Mark

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Sep 25, 2023 10:38:06   #
EdJ0307 Loc: out west someplace
 
And don't forget that when you call an organization the first thing they say when they answer is, "Our menu has changed, choose from the following items".

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Sep 25, 2023 12:01:23   #
TriX Loc: Raleigh, NC
 
EdJ0307 wrote:
And don't forget that when you call an organization the first thing they say when they answer is, "Our menu has changed, choose from the following items".


It’s ALWAYS changed and they’re ALWAYS “experiencing higher than normal call volume” 😡

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Sep 25, 2023 12:11:09   #
jerryc41 Loc: Catskill Mts of NY
 
TriX wrote:
It’s ALWAYS changed and they’re ALWAYS “experiencing higher than normal call volume” 😡


It's funny how that works.

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Sep 25, 2023 16:28:43   #
HOHIMER
 
markngolf wrote:
I have 4 Chase credit cards. They like me and provide great customer service when needed. My cards are paid automatically every month. I have an 840 credit rating. I seldom pay cash when purchasing. I would never attempt reading "change of terms". I don't need to know that to pay my bill at the grocery store. I try to keep it simple.
Mark


Several years ago, I withdrew all my money from Chase Bank, when the manager implied my deposit was not my money but an investment in the operation of his bank!
Read those terms carefully!

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Sep 25, 2023 16:57:57   #
BudsOwl Loc: Upstate NY and New England
 
DougS wrote:
You forgot to mention that they were also going to get their jewelry, and any retirement funds... and all other assets!

Plus your first born

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Sep 25, 2023 18:00:12   #
markngolf Loc: Bridgewater, NJ
 
HOHIMER wrote:
Several years ago, I withdrew all my money from Chase Bank, when the manager implied my deposit was not my money but an investment in the operation of his bank!
Read those terms carefully!


It is not my banking account. I use a local bank for that.

Thanks
Mark

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Sep 26, 2023 09:06:55   #
jerryc41 Loc: Catskill Mts of NY
 
HOHIMER wrote:
...the manager implied my deposit was not my money but an investment in the operation of his bank!


Of course! Once you deposit your money it becomes their money.

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Sep 26, 2023 09:25:14   #
HOHIMER
 
jerryc41- "Of course! Once you deposit your money it becomes their money."

My mattress never says that!

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Sep 26, 2023 12:12:28   #
SteveFranz Loc: Durham, NC
 
HOHIMER wrote:
jerryc41- "Of course! Once you deposit your money it becomes their money."

My mattress never says that!


But your mattress doesn't pay .1% interest! Think of what you are giving when you use your mattress.

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