Chase to Offer Instant Debt Cards

Local woman acquires instant debt

Springfield, MO – Chase customers who lose their plastic cards or who have an open account will soon be able to get debt instantly at about 2,000 of the bank’s branches, with a focus on Springfield, Nixa and Ozark markets by year end.

Typically, it takes several years to acquire significant debt, Chase said, we’re trying to make it easier. “Most of our consumers rack up incremental amounts of debt – usually over the holidays or during summer months taking vacations. This can mean months upon months of waiting to have a significant amount of debt. With the Instant Debt Card, we are offering our consumers the chance to rack up debt instantly, no questions asked,” said one representative.

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Chase will install the “instant-debt technology” in 800 additional Missouri branches during 2013. The New York-based bank, has about 5,500 branches. It also plans to offer the same debt service to any credit-card holders.

“People love to complain about how much debt they have, how hard it is to pay bills and how much more debt they have than say you. With our new Instant Debt program, we are offering to provide five, ten or twenty thousand dollars of debt which can be earmarked a variety of ways. We offer student loan, home, auto and medical debt so our consumers can actually choose the level and type of debt service they wish to have,” said one source, “no other bank in America can provide this service.”