Our Advanta Small Business card went from 7.9 to 22% with a 2 week notice. We use our card for business travel, and we have had no issues with late payments or any default issues. Our original agreement stated that we would have a 7.99% fixed rate for a lifetime if we did not default. This was a lie, and they threw in enough fine print to mix it up in their favor. When we called to try to establish a better rate, they would not even consider a change on our behalf, even though we had been excellent customers and had an excellent credit score.
It is not worth a lawsuit, but I want everyone to know that this is not a company to be trusted!
0 comments