Complaint / review / scam report
Advanta Business Credit Card
Interest Rate Tripples even when paying on-time

Complaint / review text:
I noticed my Advanta Business Credit Card Interest rate went from 7.9% (Purchases) to 24.9% for purchases, and 34% for Cash advances.
I called customer service and they said that after new review of my credit that I was an increased risk. They stated I recieved a letter in May about this (which I did not).
The customer service representative told me that I would have to wait another 90 days for another review.
I checked my credit report to verify any changes. I found that my credit score had NOT changed, and I had not negative reports from other creditors.
I will be calling the Michigan Attorney General's office to file a complaint as well. This is absurd!

Contact information:
Author: Contact with Author

Offender: Advanta Business Credit Card

Country: USA   State: Utah   City: Salt Lake City
Address: PO Box 30715
Phone: 8007057255

Category: Business & Finance


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