Company Signs

Source: Diane Macdonald / Getty

Chase Bank is forgiving credit card debts… well if you live in Canada that is (insert side-eye). As if free healthcare wasn’t enough to pack your bags and move to our northern neighbor, Chase Bank has made Canada, even more, tempting by forgiving all credit card debt for its Canadian cardholders.

Chase Bank, which based in New York City has made the decision to “exit the Canadian credit card market”, says Chase spokeswoman Maria Martinez. In a public statement, Martinez states: “A further business decision was made earlier this year to forgive all outstanding balances in order to complete the exit”.

Sheesh, talk about cutting your losses.

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