Comments on: Washington Mutual Goes Under

By: Wamu Customer

Wamu Customer — Fri, 18 Sep 2009 16:28:09 +0000

Who owns the debt on a former WAMU credit card currently in collections? The collector refers to this entity as “my client”. I am trying to help the cardholder settle, but nothing has been received in writing that identifies the holding party. Did Chase sell off their Wamu credit card debt? If so, to whom?

By: sue mccartin

sue mccartin — Mon, 20 Jul 2009 15:44:11 +0000

Chase was already a pile of problems, they bought wamu, now it’s worse not better. They’re telling me in a age of computers that they can’t track old account numbers. I paid discover in May, they got that payment, June I got a free month off (no payment), I paid July 3rd, they cashed it, I have proof through my bank (check free) and Chase says they don’t have it, hit me with 39.00 late fee and their idiots (that speak english as a second language) can’t even figure out where the money went…thieves and criminals. I hate banks, I hate credit card companies even more, I’ve canceled all mine won’t deal with another one again if I can help it. They’re necessary to have a credit rating (which is just another scam if you ask me) but something has to be done about a system that seems to be designed to screw people over at every opportunity. Never again.

By: Jennifer

Jennifer — Wed, 18 Mar 2009 19:05:21 +0000

I just found out that the payment I scheduled on March 1 for my WaMu/Chase account was lost during the transfer. Chase won’t even admit it was their mistake and have charged me multiple $39 fees for non-payment! I am closing my account.

By: MG

MG — Tue, 17 Mar 2009 15:44:55 +0000

People, the banks and the financial system are in the trouble they are in because people did NOT pay their bills. We took their credit card and we made purchases. We owe that money even if it’s to the devil. How can anyone decide they don’t want to reimburse their creditors for stuff they took with it? That would just be stealing.

By: steve huffman

steve huffman — Sat, 24 Jan 2009 16:29:15 +0000

LOOK OUT! CHASE has sent a letter out UPPING the interest rates on your WAMU (now CHASE) cards to an exhorbitant amount! Gonna get screwed if you continue using them!

By: Richard White

Richard White — Mon, 08 Dec 2008 02:26:05 +0000

Whatever you do, get rid of your wamu credit card. They will raise your interest rate to ridiculous amounts so that there is no way you can pay the payments. Beware, get rid of your wamu card!!

By: philip ezell

philip ezell — Wed, 29 Oct 2008 13:50:19 +0000

Are WAMU credit cards still valid for purchases?

By: Lisa Watson

Lisa Watson — Sun, 05 Oct 2008 07:48:19 +0000

I dont’ understand how the government can seize the bank, andthen allow CHase to pickand choose what they want to buy. They should have had to buy it ALL, good and bad. Insted they only get the moneymaker part. WAMU gets out of IT’s debts, but us cadholders who don’t get a say in it have to still pay when WAMU gets off scott free?

I’m all for a mass refusal to pay credit card debt owed to WAMU. The government SEIZED the bank. THEN it was sold BY the government to Chase. ANd stockholders and people WAMU OWED money to are going to lose… CHASE wins, and the exect got golden parachutes…

I tink a good mass protest is refusal to pay until we get a bailout too!

By: BofA customer

BofA customer — Wed, 01 Oct 2008 02:42:34 +0000

If a bank closes/blocks several accounts because, in the current climate, they feel you have too much debt, how badly is that likely to affect a credit score that is at the bottom of the “Good” range?

These accounts all together have a rather large balance (>20,000). My concern is that I don’t have this situation “spread” to other cards at other banks. At all banks I have never missed a payment.

By: victor

victor — Sun, 28 Sep 2008 16:19:17 +0000

I have a fixed 3% ,good till paid off, cash advance loan from WM. Can Chase change the interest rate?