Consumer complaint received 2015-07-26
Company: JPMORGAN CHASE & CO.
State: NY
Product: Credit card
Issue: Cash advance

Complaint:
1. I obtained loan of {$15000.00} on Credit Card. The balance as of XXXX XXXX, XXXX was {$160000.00}. In the statement of XXXX XXXX, XXXX debits were charged ( a ) Payment Protector charges : {$110.00} ; ( b ) Credit Observer {$9.00} ; ( c ) Over Limit Fees {$29.00} ; and ( d ) Late Charges : {$35.00} Total {$190.00} in addition to " Finance Charges '' of $ XXXX@22.99 % which was not disclosed at the time of issue of card. The closing balance was {$170000.00}. No Protection was given when I was XXXX. I never requested for Credit Observer. Ipaid monthly at the agreed rate of {$440.00} but card charged me late charges. I am not highly educated and my education was not in XXXX language. Thus {$190.00} charge was illegal. 
4 The Credit Card continued to charge me as above. The withdrawals of {$440.00} were adjusted towards usurious finance charges, compound interest and unauthorized debits ) resulting in a new balance of {$220000.00}. This practice was followed in the subsequent statements of XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX, XXXX XXXX, XXXX and XXXX XXXX, XXXX wherein Interest rate kept on climbing to 27.24 %, 28.49 %, 29.99 %, 30.5 % resulting in the new balance of {$24000.00} although {$440.00} was paid by me every month. 
6. Bank assigned the debts to an Assignee XXXX XXXX without any intimation to me. 
7. On XXXX XXXX, XXXX, Assignee instituted action by their Attorneys claiming {$33000.00} without stating as how they arrived at {$33000.00}. The summons was served upon a non-existing " Fictitious person ''. A default Judgment was passed behind my back on XXXX XXXX, XXXX for {$35000.00} and interest. 
8. The affidavit of merit does not contain any evidence of proof of claim. Neither Defendant 's account nor copy of the Assignment is annexed. 
9. On XXXX XXXX, XXXX XXXX 's income execution @ was levied for {$38000.00} which included interest of {$500.00} and compound interest which was illegal. 
10. On XXXX XXXX, XXXX I made an Application Pro Se to the Court to vacate the judgment, to stop garnishing wages on the ground of non-service of Summons or any document in this action. The Response does not deny non-service of summons. On XXXX XXXX, XXXX the XXXX was granted only to the extent that the income execution was stayed from the date of the Order. 
11. On XXXX XXXX, XXXX, I filed Pro Se subsequent XXXX 's to vacate the judgment and income execution on the ground of non-service of Summons or any document in this action which met with the same fate.This time the claim had increased to {$45000.00} and was denied. 
12. Appeals to the Appellate Court were also denied because they were not perfected as I filed Pro Se as I was financially crippled and a Motion to reargue was also denied 13. The payments made by me were illegally appropriated towards interest whereas principal amount went on sky rocketing. Interest@30.5 % compounded continues to be charged even after judgment although the judgment provides for 9 % as a result I will be paying the amount of {$600.00} per month throughout my life as if I am a bonded labor, working for free of charge for Assignee. I have paid more than {$50000.00} but the amount continues to increase. No satisfaction of the Judgment is recorded for the payments obtained from me after the judgment. 
14. I Appeal to you to hold an enquiry against all the parties, take appropriate action, cancel their licenses after hearing and discharge the claim against me as fully satisfied. I am prepared to place these facts by affidavit and also testify to the facts mentioned above and produce all documents in original. I can send you my Complaint in detail by mail because my electronic complaint is restricted to XXXX spaces. 

XXXX XXXX XXXX XXXX XXXX XXXX 
XXXX, NY XXXX XXXX XXXX

Company response to consumer: Closed with explanation