Chase Bank Forgives All Credit Card Debt Owed by All its Customers

[leastprime]

Originally Posted by mathjak107

it likely is they just gave up on the delinquent accounts

JMO, Chase, gave up on acquiring more debt acquirers or those who make payments, otherwise called debtor. Chase has too many Card holders who pay-in-full, and use the benefits/bonus features. Always remember, Banks, are in the business of collecting interest from loaning out money; There are not in the business of lending short term money and never see a return for that effort.