Consumer complaint received 2025-03-07 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: GA

Complaint narrative:
I recently applied for the Chase Sapphire Preferred credit card of which I am aware that my signature and usage of my initial credit card, my social security card makes me holder in due course and in pursuant to 15 USC 1602 ( n ), I am the individual to initiate the transaction and it is not possible for me to be denied for the action that I initiated. 

In the letters that Chase issued me dated XX/XX/XXXX and XX/XX/XXXX, they thanked me for my application for credit, after they applied for and received the maximum amount of the limit of the card that was generated by me as spelled out in 15 USC 1602 ( n ), which according to their own terms and conditions for the Chase Sapphire Preferred credit card can be up to {$20000.00}. 

Also, according to the letters sent to me by Chase, the adverse action that they took against me and denied me access to my own credit was due to the following : Past or present credit delinquencies. 
Too few credit usage. 
Going over credit limits. 
Included in these letters were references to the Fair Credit Reporting Act directing me to take matters up with credit reporting agencies, as if they are responsible for the adverse action against me ; however, Chase ultimately made the decision to deny me. Also, listed is their recommendation to review the Equal Credit Opportunity Act Notice, and of course I did and it specifically states that the act, prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age ( provided the applicant has the capacity to enter into a binding contract ) ; because all or part of the applicants income derives from any public assistance program ; or because the applicant has in good faith exercised any RIGHT under the Consumer Credit Protection Act. Chase left out their letter from the same source is the first line of 15 USC 1691-Scope of prohibition ( a ) Activities Constituting Discrimination : it shall be unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction. I declare that I have, and still currently am exercising my RIGHT to utilize my credit as I deem necessary of which I am protected under the Consumer Credit Protection Act. Unfortunately, Chase discriminated against my RIGHTS that are under protection. 

Chase has an obligation under the Security Exchange Act of 1934 that requires them to adhere to transparency and accountability in their financial reporting, ethical practices and operations. Not only are they in violation of the very Acts that they listed on the letters to me, but they engaged in unlawful practices that they pledged not to do in their 10k and 8k filings with the SEC.

Under 15 USC 1691 e - Civil liability ( a ) Individual or Class Action for Actual Damages : Any creditor who fails to comply with any requirement imposed under this subchapter shall be liable to the aggrieved applicant for any actual damages sustained by such applicant acting either in an individual capacity or a member of a class. These damages are from {$10000.00} not exceeding the lesser of {$500000.00} or XXXX per centum of the net worth of the creditor.

Company response to consumer: Closed with explanation