JP Morgan Chase Turns Its Back on Small Business Clients

Posted by:

Robert Sarkes

Highly recommended
GEEK911, Inc.
23 Questions answered
Answered on May 2nd, 2020

In Europe, money was sent directly to businesses. Citizens were also paid 80% of their normal paychecks with money going directly into their bank accounts. Wow! Why can't we in the U.S. have thought of doing that? Did we forget what the banks almost did to us in 2008? Banks are not our friends. Like you, I also was not contacted by my bank and when I reached out to them for help with PPP and EIDL, they never got back to me.

5 Replies

Same here! When I called Chase in March. The person I spoke to said she did not know how the programs would work.
There were restrictions put in place after 2008. That were removed by present administration. So the Banks can again coffer their plates first. And the fees! They charge are making every bank a bundle as well.
Geek....This is not Europe.
Load more replies
See all 902 comments