I used some of the Chase checks issued with an interest rate that is for the life of the loan 3 or 4 years ago.

I have been paying on time every time, and most times more than the minimum which averaged $350". per month/.

They increased my minimum payment this month to $820 per month?. I called and they told me that the amount of principal I must pay per month increased from 2% to 5%:.

I would understand them doing that if (1), I had missed a payment or (2) on future charges,.

I my opinion that check I signed was a legal implied contract which I did not break and Chase credit card had to basis in this increase;.

This is a highly unethical business practice|.

I have canceled all my cards with them".

The whole purpose of Chase doing this

is to hope I will take a higher interest rate and lower principal-- this is very dishonest

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