Chase

Worked out an agreement with Chase in Jan. They were going to get the entire amount I owed them (including the $4k in fees they added since I went delinquent) over 5 years at 2% interest. I had to give them access to a checking acct. I agreed, made 1 payment, and trusted them when they sent me multiple letters saying that if I ever couldn't make a payment to "call them 24 hours prior to work out another date". I can't make tomorrow's payment. I am self employed and the money will not be there until after the 1st. They transferred me to someone from the cast of the "Sopranos" who threatened to send me to collection immediately, destroy my credit rating ... yada yada yada. Even asked me to try to borrow the payment from someone else. Ridiculous! They got a good agreement from me - better than someone who just blows them off and then they still want to threaten me? Sent them the "facts of the matter" via fax, I have a feeling they will come around. If they do not, NEXT! Bank of America would love to get that money. The 900 lb gorilla in the room during the banking crisis is what will happen when all the laid off people can't make their payments any longer. Chase would have been smart to keep with someone who at least has *some* income.