Ask Your Question

Angie's List Answers is the trusted spot to ask home improvement and health questions and get answers from service companies, health providers and consumers. For ratings and reviews on companies in your area, search Angie's List.

 
 
or
Submit
Top 30 Days Experts
Rank Leader Points*
1 kstreett 240
2 Guest_9020487 110
3 Guest_9190926 105
4 GoldenKid 100
5 ahowell 95
6 KnowledgeBase 95
7 skbloom 80
8 Guest_98024861 70
9 Guest_9311297 70
10 Guest_9400529 70

*Updates every 4 hours

Browse Projects By Category

Question DetailsAsked on 6/4/2011

Healthcare Financing Options

I was in horrible back pain and went to a local Chiropractor for a treatment that was rejected by my insurance. The Chiropractor offered me this Chase Health Advance loan they told me the monthly payments probably wouldn't be over a $100 they turned out to be much more than that. The loan started out at 0% and now is over 20% I tried to change the payment options but they wouldn't allow me to then when other medical bills started to pile up I got a consolidation loan I paid about $1700 in Feb & March even when March's statement stated I didn't owe. Then my Dog developed Diabeties so I skipped April thinking I had a month off. Now they are harrassing me everyday and I have a complaint to the Atty General of Ohio. In my opinion they are not a good company another Financial company taking advance of people in pain with few options. The original loan was for $3500 I owe $1400 so I have paid over half in 1 year, still they call are rude and nasty like I have not paid anything.

Do you have the same question? Follow this Question


1 Answer

0
Votes

Their website says the interest rate can go up to 29.9% if you miss even one payment. Of course, now you know you should have read the fine print. I had no idea how strict this sort of loan was. http://www.chasehealthadvance.com/. Read and follow every link so you know exactly what is going on.

Make sure your complaint to the attorney general is done in writing and includes what you were told and the exact things that happened.

Check at the attorney general's site and with the Better Business Bureau in your area about what loan collectors are permitted to do. They aren't allowed to call you repeatedly, threaten you, or contact your employer or neighbors or family. Here are the Federal Government's rules: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.shtm

It seems that they have sent the loan to a loan collection agency and they are the one harassing you. In either case, go to a Chase bank personally and talk with a loan manager and try to get some plan for paying this off. Crying is OK but yelling and threatening is out. You can also check out non-profit consumer counseling programs in your area. The BBB can help there.

Source: http://bankrate.com

Answered 7 years ago by keikosmom




Related Questions


Terms Of Use
|
Privacy Policy