Author Topic: CHASE closed ALL accounts!!!!!!!  (Read 42480 times)

Offline davidrotts63

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #240 on: August 09, 2019, 01:22:23 AM »
Once you have 20-30 different FI's adding a couple more is no big deal.
as long as they don't need maintenance...
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline 12HRS

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #241 on: August 09, 2019, 01:49:38 AM »
as long as they don't need maintenance...

set up automated maintenance

Offline davidrotts63

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #242 on: August 09, 2019, 01:52:41 AM »
set up automated maintenance
I'm an old soul, I don't know these things.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Ekay

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #243 on: August 09, 2019, 02:09:13 AM »
Any of them. My go to FI's are now CU's (credit unions).
fiís?

Offline iluv2travel

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #244 on: August 09, 2019, 11:13:04 AM »
fiís?

Financial institutions (I believe. Someone can correct me if I'm wrong.)

Offline CountValentine

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #245 on: August 09, 2019, 11:14:26 AM »
Financial institutions (I believe. Someone can correct me if I'm wrong.)
You are correct and just received your first like.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline YesThatsMe

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #246 on: August 09, 2019, 11:16:02 AM »
I have an idea that may shut-down proof you from Chase.

Lease a Mazda or Subaru (they use Chase for the lease).

What's Chase gonna do, shut down your CC's and accounts and call in your car??

Offline CountValentine

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #247 on: August 09, 2019, 11:17:14 AM »
What's Chase gonna do, shut down your CC's and accounts and call in your car??
The first two, yes.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline YesThatsMe

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #248 on: August 09, 2019, 11:24:44 AM »
The first two, yes.

My understanding from this thread is that when they shut you down they do it all the way. Which means they would need to call the car in as well.

Offline CountValentine

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #249 on: August 09, 2019, 11:38:20 AM »
My understanding from this thread is that when they shut you down they do it all the way. Which means they would need to call the car in as well.
Some things they can't legally do. I had a bank close my checking and threatened to close my HELOC if I continued the same practice. I laughed and told them go ahead and try.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline gingyguy

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #250 on: August 09, 2019, 12:30:03 PM »
You are correct and just received your first like.  :)
still not enough for a meal >:(
May you slide down the banister of happiness & get many splinters of success up your career.

Offline CountValentine

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #251 on: August 09, 2019, 12:39:45 PM »
still not enough for a meal >:(
Then help out or would that not be fair?  :P
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline iluv2travel

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #252 on: August 11, 2019, 01:01:29 PM »
You are correct and just received your first like.  :)
still not enough for a meal >:(

Thanks guys  8)

Offline iluv2travel

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #253 on: August 11, 2019, 01:02:42 PM »
Some things they can't legally do. I had a bank close my checking and threatened to close my HELOC if I continued the same practice. I laughed and told them go ahead and try.
Seriously? They threatened you with that? Completely unprofessional because they for sure knew they can't do that

Offline CountValentine

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #254 on: August 11, 2019, 02:03:18 PM »
Seriously? They threatened you with that? Completely unprofessional because they for sure knew they can't do that
...but they were hoping I didn't know any better.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline ~King Lake~

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #255 on: August 11, 2019, 02:55:33 PM »
My understanding from this thread is that when they shut you down they do it all the way. Which means they would need to call the car in as well.
Not always
I'm going crazy, wanna come along?

Offline jdross

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #256 on: August 12, 2019, 02:54:26 PM »
A quick update on my situation...

After days of getting the run around with them on the phone, I finally went into a branch locally and was able to get the banker there to help me. After a few phone calls he was able to tell me that the compliance department shut down my accounts because of 2 things. One of them was that stupid missed auto pay which in and of itself wouldn't have been a problem seeing as the account was in excellent standing. The other thing was that I made a domestic wire earlier last month from chase into an account that I own at another bank.

Apparently for some reason, the combination of both events set off a "Red Flag" and they decided after review that I am a "Risk." I am not sure exactly how I am a risk, seeing as that my accounts were perfect, never missed payments, etc. and that the wire was going into another legitimate account at a legitimate bank that was owned by me. The banker asked me to provide proof of the details and transaction on that account which I did and which he sent to the compliance department but their answer came back as "at this time even after reviewing that we will not be re-opening the accounts."

Anyway, this is absolutely terrible. It is going to negatively impact my score tremendously. My question is where do I go from here. Since the damage is already done, what options do I have? For the balances that are currently unpaid, should I basically not pay them and let them go fly a kite or should I call them up to settle those balances? Is there any downside to me just not paying them? I'm basically fuming mad at them right now.  >:(

Offline mmgfarb

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #257 on: August 12, 2019, 03:11:05 PM »
For the balances that are currently unpaid, should I basically not pay them and let them go fly a kite or should I call them up to settle those balances? Is there any downside to me just not paying them? I'm basically fuming mad at them right now.  >:(
If they send it to collections it will be way worse for your credit than just having your cards closed.
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Offline jdross

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #258 on: August 12, 2019, 03:29:54 PM »
If they send it to collections it will be way worse for your credit than just having your cards closed.

How about settling with them? I have a credit monitoring service and already see 3 out of 5 accounts listed as closed and my credit has dipped a significant amount. I had a $30k credit line each on 2/5 accounts, 2 which were over $10K and the other $5k (the oldest card I have with chase). My utilization is ratio is through the roof right now. How much more will it hurt to settle with them?

Just looking for options. It sucks to be paying off a credit line thats now closed.

Online TimT

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #259 on: August 12, 2019, 04:45:52 PM »
It sucks to be paying off a credit line thats now closed.
Look on the bright side, youíre just paying back a debt.