CORRECTING and REPLACING JPMorgan Chase Waives Some Consumer and Business Fees in Hurricane Irma Areas
The corrected release reads:
JPMORGAN CHASE WAIVES SOME CONSUMER AND BUSINESS FEES IN HURRICANE IRMA AREAS
1. Chase will automatically waive or refund the following fees through
- Late fees for mortgage, credit card, business banking and auto loans and leases
- Overdraft, monthly service and ATM fees on deposit accounts
2. Chase will automatically start a 90-day grace period to delay payment on mortgage and home equity payments. The bank will work together with customers on how to catch up on these payments. During the 90-day period, Chase won’t charge late fees or send negative information to the credit bureaus. For more information, click here: https://www.chase.com/personal/mortgage/hurricane
3. To help small businesses rebuild, Chase will offer reduced interest rates on certain new loans and waive:
- The origination fee for installment loans
- The appraisal fee – up to
$5,000 – for loans on owner-occupied real estate - The SBA Express guarantee fee for loans of
$150,000 to the program’s maximum of$350,000 ; there isn’t a fee on smaller loans - The first-year annual fee for a business line of credit
“For our customers impacted by Hurricanes Irma and Harvey, we stand with you,” said Gordon Smith, CEO of Consumer & Community Banking. “These are unprecedented times for these states and we want to bring the resources of
The company’s branches in
For service, Chase customers can:
- Use the Chase Mobile app to do their banking. They can download it for free from the
Apple App Store or theGoogle Play Store . - Check the branch locator on the Chase Mobile app and locator.chase.com to see which branches are reopened.
- Expect possible delays in call-answering times because some Chase centers are in areas of
Florida affected by the hurricane. - Check the Hurricane Irma or Hurricane Harvey pages on chase.com or call the special-care line at 888-356-0023.
“We are just now assessing the extent of the damage and it will be a long road to recovery for some areas,” said
View source version on businesswire.com: http://www.businesswire.com/news/home/20170911005908/en/
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Health and Human Services Department (HHS); Centers for Medicare & Medicaid Services (CMS) (F.R. Page 37593) – Meeting
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