JPMorgan Chase Credit card department,
Credit card protection / Debt protection Oregon
I contacted Southwest Chase by phone on -/-/-, and requested to pay off the highest interest balance ( cash advance ) -. Cash Advance Balance is $3200.00 and 19.24 % APR. They refused to apply it to the highest interest balance. I paid $1200.00 online. According to the Credit Card Law of -/-/-, regarding Higher interest balances paid first : When consumers have accounts that carry different interest rates for different types of purchases ( i.e., cash advances, regular purchases, balance transfers or ATM withdrawals ), payments in excess of the minimum amount due must go to balances with higher interest rates -. A common practice in the industry had been to apply all amounts over the minimum monthly payments to the lowest-interest balances - - thus extending the time it takes to pay off higher-interest rate balances. '' My minimum payment due was $280.00. My total balance was $14000.00 on the - billing statement.
JPMorgan Chase customer in Oregon
Jun 23, 2015
* Source: CFPB Complaint Database
JPMorgan Chase response to complaint:
Closed with monetary relief
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | http://www.jpmorganchase.com/ |
Phone | (212) 270-6000 |
[email protected] | |
Address | 270 Park Ave Fl 12 New York NY 10017 |
JPMorgan Chase | |
JPMorgan Chase |
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