They are a piece of work.
I use my advanta card for business, and one of the reasons I originally got the card was due to a low interest rate for one year. I put almost $20 grand for radio advertising on it, and paid it off over a year.
Over the last couple of years, I used it similarly, but all of a sudden, i saw the interest rate rise (august 08) to 35%!
I immediately called them, and some clerk who could barely speak english told me in a very thick indian accent that my fico score recently went down (i lost almost a hundred grand in the market), and that they were allowed to do this.
I asked her for a copy of my application, since, as an attorney for 24 years, would not normally sign an agreement that gave them carte blanche to do such a thing.
She told me it was not available. I demanded to speak to a supervisor, none was available. However, she promised a supervisor would call me back within 3 hours.
That call never came.
I am now aware that this is a standard practice of theirs, having read the blogs on the rip off site.
Now their time has come.
I am prepared to organize and file a class action law suit in the eastern district of new york, and am looking for members
Please contact me at [email protected], and be sure to reference advanta in the subject line, or i won't open it.
Their time has come!
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