Chase Reneged On Credit Offers, Cardholders Say

Law360, New York (April 17, 2012, 3:27 PM EDT) -- Chase Bank USA NA was hit with a putative class action in Illinois federal court Friday, accusing the company of declining to honor mass offers of credit via convenience checks sent through the mail, leaving users liable for resulting fees.

Plaintiff Gerald Maher received a pack of checks Chase promised were “ready to go” and could be written for any amount up to the unused portion of the user's credit line, the complaint says. After confirming with Chase that he could use the checks for an...
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