I am reviewing the high interest rate charged by the Visa card from Chase Bank against people with fixed income. I was a Washington Mutual customer for many years. I bought items and got credit from the My Points program. I paid my bills on time and always paid more than the payment due. I even added my Capitol One balance to Washington Trust to eliminate Capitol One Visa as one of my credit cards. We had a mutual respectful relationship, Washington Mutual and I.
But the problems began when Chase Bank bought out Washington Mutual. My interest rate went from 16.75% to 27.99%. ...
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