Consumer complaint received 2026-03-17 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Getting a credit card — Application denied
Company: JPMORGAN CHASE & CO.
State: AL

Complaint narrative:
This Complaint is in reference to JPMORGAN CHASE & CO/ CHASE CARD XXXX XXXX XXXX Chase XXXX XXXX Credit Card . I have a Dispute I would like to bring to JPMORGAN CHASE & CO Underwriter. Specifically, XXXX XXXX, An affiliate may be deemed to be an underwriter of the offered notes under the Securities Act of 1933. Notices to the Underwriters shall be given to J.P. Morgan Securities LLC Attention : XXXX XXXX XXXX, Managing XXXX. I applied for the Chase XXXX XXXX Credit card on XX/XX/XXXX, My reference number # XXXX. Initially I was told I would receive a " Adverse action '' letter in the mail over 2 weeks ago & I still on " XX/XX/XXXX '' have not received my " Adverse Action '' letter. This is a violation under the " FCRA '' including that my commercial paper was accepted and used as chattel paper without my credit being extended back to me as the original creditor. The underwriting entity approves or denies the loan/ credit applications. Each of the denied loan/credit applications is reviewed at the distribution entity, to determine whether each denied loan application is acceptable for syndication or " Securitization ''. Under any Circumstances Can you Tell me what " Factors '' that you used to determine eligibility for my application? According to My Definitions The Term " Adverse Action '' - Means denial or revocation of credit, a change in the terms of an existing credit arrangement, or a refusal to grant credit in substantially the amount or on substantially the terms requested. Such term does " NOT '' include a " REFUSAL '' to extend additional credit under an existing credit arrangement where the applicant is delinquent or otherwise in default, or where such additional credit would exceed a previously established credit limit. Under Your " CHASE ISSUANCE TRUST UNDERWRITING AGREEMENT '' - SECTION : 14 : NOTICES : Any action by the Underwriters hereunder may be taken by the Representative on behalf of the Underwriters, and any such action taken by the Representative shall be binding upon the Underwriters. All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or transmitted by any standard form of telecommunication. On " CHASE ISSUANCE TRUST PROSPECTUS '' Under section : " Exceptions to Underwriting Criteria '' - JPMorgan Chase Bank uses " MANUAL '' credit " DECISION '' making as part of the underwriting process to supplement its automated underwriting, primarily ( 1 ) when it believes an experienced lenders review would enhance the credit decision-making, ( 2 ) when additional information is needed, and/or ( 3 ) under specific circumstances, such as when fraud concerns are present. So regardless of what " Factors '' that you used to determine my eligibility for my " Chase XXXX XXXX Credit Card application '', I gave you an application which is a bater transaction that turned into a Securitie. According to the Securities Exchange act of 1934 Soon as I put my information on the application I became an investor with JPMORGAN CHASE & CO . I gave you a securitie that you " DIDN'T '' give me value for. DENYING ME ACCESS TO MY SECURITIES IS A VIOLATION OF THE EQUAL CREDIT OPPORTUNITY ACT & A VIOLATION OF YOUR SEC FILLINGS WHICH IS : SECURITIES FRUAD. I can Assure you that, anything that will be charged on the " charge Card '' it " WILL '' be " TOOKEN CARE OF '' per CHASE ISSUANCE TRUST PROSPECTUS. Im very aware of the transaction structure of the business & structure flow of the securities & I can assure you that I will not be a risk factor inside of your trust Portfolio. So If I need to contact the IRS to tell them that I gave you an exchange of an Securities & you decided not to live up your fiduciary duties, I will have no choice but to Contact the proper authorities for securities fraud. JPMorgan Chase Bank has agreed in the transfer and servicing agreement that it will not change the terms of the revolving credit card accounts designated to have their credit card receivables transferred through Chase Card XXXX to the issuing entity or its policies relating to the operation of its credit card business, including the reduction of the required minimum monthly payment and the calculation of the amount, or the timing, of charge-offs, finance charges and other fees, unless it reasonably believes such a change would not cause an early amortization event or an event of default to occur for the issuing entity and it takes the same action on its other substantially similar revolving credit card accounts, to the extent permitted by those credit card accounts. The underwriters of the offered notes may assist in resales of the offered notes but they are not required to do so. A secondary market for the offered notes may not develop. If a secondary market does develop, it might not continue or it might not be sufficiently liquid to allow you to resell any of your notes. Consumer Credit Protection Act and House Joint Resolution of 1933 a natural person can not be denied any credit under any form of discrimination including credit worthiness, adverse action and capacity to contract. Once the commercial paper is accepted by the bank an applicant can not be denied credit since we are the original creditors. I would kindly like for you to retract my Business application

Company response to consumer: Closed with explanation