If you are an owner of a Chase Bank credit card in Brampton, you may want to check your balance!

On Thursday (August 8) Chase Bank affirmed in a release that it intends to excuse all outstanding debt owed by clients of its two Canadian credit cards.

The move by the organization is a consequence of its exit from Canada’s credit card market.

“Customers
with an extraordinary equalization as of June will never again observe red on their announcements,” Chase Bank said in the discharge.

The total amount of debt forgiven is unknown at this time.

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Chase Bank reported the organization’s arrangements to leave the Canadian credit market in March 2018.

Chase Bank is owned by its parent organization: JPMorgan Chase. It was initially established in 2004 in New York, New York in the U.S.

Did you have any debt forgiven on your credit card?

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