Tuesday, June 22, 2010

CHASE creates Phantom user credit Accounts Plus!

It has come to my attention that some clients (quantity unknown) have been the victim of abuse in another no so uncommon way with the powerful Chase Bank. It seems that the phantom revolving credit accounts are being created without the permission of the client or their knowledge. These accounts also seem to be used by unknown persons and quietly paid off then closed so that the clients are unaware of its existence unless they request a credit report where it will show up. Even though these actions that could be consider to be highly illegal have been reported to federal and state agencies but no actions as yet has been made to correct, stop or investigate this. The Banks are trying to get away with anything they can possible do to take advantage of the consumers with what looks like a free hand and blind eye of the regulators. Hopefully this will change and the banking industry will be corrected soon. Who knows what else they are doing without our knowledge? If you have issues with your bank or Chase please voice out your opinions and COMPLAIN!