Chase Credit Cards double-dipping finance charges
Jan 8th, 2010 by Johnny
Just received my Chase Credit Card statements today. I have not used their credit cards since my last post a month ago. Those statements were $16 each, all finance charges from a previously 1-day late payment. Well guess what? I just got statements for $1.50 each, all of which are finance charges for the completely paid off $16 balance from last months statements. WTF! A finance charge for a finance charge that they charged for a zero balance statement! This is total robbery. Kind of reminds me of the stories of loan sharks in movies. This should be totally illegal.
My previous post on this: http://www.johnnychin.com/blog/2009/12/chase-credit-cards-royally-suck/