u still must pay the bill in accordance with the terms and agreement. in the event terms change you will be notified prior. also u will be notified anyway to welcome u to the new family.I have a washinton mutual credit card, what will happen now that the bank went under and was sold to J. P. Mor?
Chances are they will honor your agreement with Washington Mutual until the card expires, then you will be issued with a new card and new agreement.
That's what happened to me, but a ton of different things could happen really.
Washington Mutual will not be part of the bail out. Your money is safe now. Just a new owner, like the corner store, people buy people sell. JP Morgan is getting a fabulous deal.
You just became a customer of Chase.
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