NYT: Chase Bank Erases Entire Credit Card Debt for Canadian Customers
Every consumer with credit card debt dreams about it magically disappearing. For JP Morgan Chase customers with Canadian credit cards, the dream has become a reality. The bank announced last week that it had erased their remaining debt as it exits from the Canadian credit card market. The bank wouldn’t say how many Canadians had its credit cards or how much debt was outstanding, but Maria Martinez, a Chase spokeswoman, confirmed the great news, saying: “Chase made the decision to exit the Canadian credit card market. A further business decision was made earlier this year to forgive all outstanding...
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