Sunday, January 10th, 2010

I have a credit card with Washington Mutual. Should I be concerned about the bank’s recent failure?

credit failure
starfishblues asked:


I haven’t heard a peep from WaMu since they announced their failure. But I’ve heard other people discuss their concerns w/ the economy, etc. I’m really not sure how to react! What is your opinion on this matter?

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6 Responses to “I have a credit card with Washington Mutual. Should I be concerned about the bank’s recent failure?”

Judy Says:
January 10th, 2010 at 3:07 pm

Wamu just got bought by someone else. You won’t even notice any changes until you get your statement.
Consider yourself lucky you didn’t have 100 grand invested.

wartz Says:
January 10th, 2010 at 8:10 pm

You now have a credit card with JP Morgan/Chase bank. Don’t worry about it.

john b Says:
January 14th, 2010 at 6:59 am

ur so fukced! get teh fuck out these people are here to lie to you, are u seious?? wamu, has been arounD??? how long? yeah that really just failed life is craching around all of our heads, pull ur head out of where ever the hell it is and buy soap!! all im saying

Gayle H Says:
January 14th, 2010 at 10:17 am

No need to worry they have been bought out and things will be pretty much the same. You should get mail from the new company soon.

milton b Says:
January 15th, 2010 at 8:55 am

I guarantee you that you are going to get your bill right on schedule. You are what they call and asset and there will be someone to collect the money you owe.

Wayne R Says:
January 15th, 2010 at 4:49 pm

The financial status in the world is going very bad, however, your loss depends upon how much you have invested. The more you have invested and the greater the downfall of the company or bank, the greater loss you incur. Well, try not to worry too much I don’t know if there is anything you can do now since this is the case throughout the world and not only in one bank. Almost every bank is doing much worse thank what they can do.

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