ResellerRatings Store Ratings - View Single Post - Credit Card Scam By Chase/Amazon
View Single Post
Old 06-17-2007, 03:46 AM   #10 (permalink)
jamescase13
Registered User
 
Join Date: Jun 2007
Posts: 2
jamescase13 is on a distinguished road
PS Chase is cooking there books for the stockholders

The reason, the only reason that makes any sense at all, is there cooking the books for there stockholders. For example, you owe 10k to chase. they report in there quarterly report 10k loaned to you. After a few weeks, you get a huge charge, and they change your % to 29.99 because your credit file (bs) So, you close the account and payoff the entire balance. Now, though creative accounting, they can trick the investors, and report that you owe them 10k, but also report the 10k you just paid off, in there coffers. In effect, doubling there money on the books. See?

jamescase13 is offline   Reply With Quote