Daily PUMA Column - Commentary by Alessandro Machi

Showing posts with label lose homes. Show all posts
Showing posts with label lose homes. Show all posts

Tuesday, June 30, 2009

IS ACORN RESPONSIBLE FOR CHASE BANK'S DECISION TO RAISE MONTHLY MINIMUM PAYMENTS ON OVER A MILLION "BITTER" AMERICANS WITH EXCELLENT PAYMENT RECORDS?

You might not know somebody who has been affected by Chase Bank's decision to raise the monthly minimum payment requirement from 2% to 5% on over a million of their most trustworthy and reliable customers, to repeat...
You might not know somebody who has been affected by Chase Bank's decision to raise the monthly minimum payment on over a million of their most trustworthy and reliable customers, simply because they are afraid or ashamed to say anything to you about it.
It is amazing to me that Chase Bank can create so much concern and anxiety over their hostile financial actions that hits to Daily-Protest.com have tripled in just the past few days.

It will be disappointing to me if more PUMA's don't get involved in the Chase Bank protests simply because this is a financial swindle being pulled off in the worst of economic times, and I believe that PUMA's are bearing the brunt of this economic swindle.
What you personally think about how other people have used credit is not the issue, what matters MORE is giving everybody a FAIR chance to pay down their debts.
ACORN may be the reason that over a million Chase Bank Customers are in danger of losing either their home or their excellent credit score.
Did Chase Bank go after a million of their best, most reliable customers in an effort to damage these customers credit rating so they will PAY HIGHER INTEREST RATES on their future debt?
It is possible that Barack Obama and the same people who manipulated the 2008 elections figure that "bitter, middle america" will not fight them over the Chase Bank 150% Increase in the Monthly Minimum Credit Card Payment Swindle that is currently going on.
It is also possible that the money Chase Bank is swindling from over one million of their most trustworthy, reliable, "BITTER" customers will go to help ACORN members get better deals on their home mortgage deals.
It would not surprise me to learn that ACORN ACOLYTES KNOW they can run away from credit card debt more easily than unmanagable mortgage debt, whereas us "bitter americans" will try with all of our might to pay ALL of our debts.

Even when companies like Chase Bank try to ruin our credit history with gargantuan increases in the monthly minimum payment that over a million Chase Bank customers MUST now shoulder, Chase bank believes we will continue to be law abiding sheep and pay the higher interest rates that comes with ruined credit.
It may be a very bad sign for "Bitter" Americans if ACORN is only fighting for home mortgage issues and AVOIDING the credit card controversies. I have googled the Chase Bank Monthly Minimum increase issue, and ACORN outrage does not show up at all! This is a very troubling sign.
While the media plays up the mortgage crisis, there may be millions of americans slowly losing their homes because of Chase Bank and unfair credit card practices and the freezing of home equity lines at drastically undervalued prices. My grave concern is that the people being affected are not ACORN people, and that may be why Chase Bank is going full steam ahead to potentially ruin well over a million american's and their families lives, you know, the "bitter americans" that Barack Obama spoke of during the 2008 democratic race.

I find it odd that a person putting up MORE collateral than the amount of the loan they are requesting will still be denied the loan unless they have substantial income! It appears to me that collateral loans are a profile that doesn't fit the typical ACORN member, therefore there are NO COLLATERAL LOAN PROGRAMS at this point in time? I don't know for sure if collateral backed loans fit ACORN members, but I bet collateral backed loans fit many Hillary Clinton supporters snugly.
To put this in perspective, Chase Bank is going to EXTRACT FROM these over one million americans who are never late on THEIR payments MORE MONEY PER MONTH than GEORGE BUSH and Barack Obama gave these same americans in stimulus and rebate checks!
Read about what may be happening to fellow PUMA's all over the country... Consumer Affairs has over 1,000 Chase Bank Complaints from just the past 6 months.

If I were to guess, I would bet that MOST of the people writing Chase Bank complaint letters to Consumer Affairs, DID NOT VOTE for Barack Obama, and that is why they are being left unprotected by our "team of rivals". Consumer Affairs has over 1,000 Chase Bank Complaints from just the past 6 months.

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