Debt!

August 24th, 2019| Topic: RaMbLeS | 0

The other day an amazing thing happened to some Canadians.

And if you were one of them, you were blessed. “Them” as in Canadian customers of Chase Bank having either of its two VISA cards.

Their debt was written off!

Yup, earlier this month, Chase announced that it would forgive all outstanding debt for those lucky folks north of the border who owed Chase Bank monies.

Apparently, Chase is winding down the operation of its two VISA cards in that country, and this was part of a business decisions.

At first, when the news of the closure of the cards was announced, customers who held those pieces of plastic were told they’d still be liable for balances and that they had to continue making payments even after the credit card operations ceased. But now, good news: Canadians holding the Amazon.ca Rewards Visa and the Marriott Premier Rewards Visa by Chase saw their balances disappear! Zero! Zilch! All paid for.

Said Maria Martinez, vice president of communications for Chase Card Services:

Chase made the decision to exit the Canadian credit card market. As part of that exit, all credit card accounts were closed on or before March 2018. A further business decision has been made to forgive all outstanding balances in order to complete the exit.”

One of the blessed few, Douglas Turner of Coe Hill, Ontario, reported:

I couldn’t believe it when I found out my $6,157 balance had been wiped clean. I was sort of over the moon all last night, with a smile on my face.”

Paul Adamson, of Dundalk, Ontario, was a bit worried when he heard Chase was shutting down those cards.

It usually means surprise fees, extra complications—things like that, definitely, but not loan forgiveness. So I’m honestly still so flabbergasted about it.”

Good for Mr. Adamson.

But when Jesus paid off our debts, all we do is sing a brand new song—Amazing Grace!

He paid a debt He did not owe,
I owed a debt I could not pay.
I needed someone to wash my sins away.
And now I sing a brand-new song:
Amazing Grace!
Christ Jesus paid a debt that I could never pay!
Anonymous

He Himself bore our sins in His body on the cross,
so that we might die to sin and live to righteousness;
for by His wounds you were healed.
1 Peter 2:24

O such great pain my Lord endured,
When He my sinful soul secured.
I should have died there but Jesus took my place.
So now I sing a brand-new song:
Amazing Grace!
Christ Jesus paid a debt that I could never pay!

For Christ also died for sins once for all, the just for the unjust,
so that He might bring us to God.
1 Peter 3:18

Chase refuses to divulge the total amount of debt forgiven.

But we know what it cost the Son of God!

You were not redeemed with perishable things like silver or gold …,
but with precious blood, as of a lamb unblemished and spotless, the blood of Christ.
1 Peter 1:18–19

Wrote US of A Twitter user @Jeevescool in response to Chase’s magnanimity:

I’m not Canadian but I do love our neighbors to the north!”

Sorry Mr. Cool Jeeves, that won’t do. You have to meet the demands of Chase to have your debt written off.

The outcome of your faith—the salvation of your souls.
1 Peter 1:9

Yes, debt written off … for all who believe in Jesus Christ as their only God and Savior from sin.

Amazing grace, indeed!

SOURCES:
NBC News; USA Today