Chase Bank Credit Card Class
To Contact an attorney at Green & Noblin, P.C., about your case, click
What is this class action about?
Green & Noblin, P.C. is representing clients regarding "blank check"
loans or balance transfer promotional offers from Chase Bank USA, N.A.
("Chase") that promised a low interest rate for the life of
the loan or until paid off. Chase credit card customers allege that they
were offered loans in the form of a balance transfer or blank checks that
were connected to but with different terms than the credit cards. For
the balance transfer loans, most consumers paid a substantial balance
transfer fee to lock in their low interest rate APR for the life of the
loan. The balance transfer and "blank check" loans offered by
Chase had terms that were at significantly lower interest rates usually
below 2.99%, 3.99% or 4.99% "for the life of the loan."
In November 2008, Chase sent its customers, with outstanding balances
on this type of loan, a "change in terms" notice stating that
the minimum monthly payments would go up by 150% from 2% of the balance
to 5% of the balance. The new monthly charges effectively increase the
customers' interest rates. Chase then told consumers that they must pay
off their loans in full immediately or be subject to the new loan terms
with higher interest rates. Green & Noblin, P.C. believes this practice to be
unfair and illegal.
What Should You Do to Protect Your Rights?
First contact us to communicate with an
attorney about your situation. If you have been impacted by Chase's conduct
that is described above, you should probably file a class action lawsuit
to correct the situation. The attorneys at Green & Noblin, P.C. are experienced
class action attorneys, particularly with regard to this type of credit
card claim. Click here to see a
9th Circuit Court of Appeals ruling we obtained in favor of card holders
with similar claims. And although there are some cases already on file,
these cases may not adequately protect your interests, particularly if
you live in one of the states listed below. To see a copy of the Complaint
that Green & Noblin, P.C. filed in Oregon, click
What else did Chase do?
Chase treated all affected card holders the same by sending out a mass
mailing of its "Important" Change in Terms notice. However,
before doing that, Chase inserted provisions in its cardmember agreements
that purport to require every cardholder to bring an individual arbitration,
waiving rights to present their claims in court and prohibiting them from
joining together in a class action. These terms are so onerous that many
states refuse to enforce them. Cardholders who live in any of the following
states should consider filing a lawsuit in their state to make sure they
receive the benefit of their favorable laws on this issue. These states
If you are a Chase credit card holder affected by a "change in terms
notice" that increased your payment or added a $10 service charge
to you account, please contact Green & Noblin, P.C. by clicking