I too have seen a steady rise of a supposed fixed rate 7.99% to a ridiculous rate of then 16.99% compared to my other one with Capital One. Then Sh!!! It the fan in September with a 35.08% and October is 36.31%. Numerous phone calls have produced the same rhetoric over and over with varies customer service reps. And supervisers apparently all reading from the same cue card, why do they even have them?
I too will be paying off my small balance and may even leave a dollar or two as a token to show my appreciation for opening my eyes to the shadier side of the practices and policies of an on going alleged White-Collar criminal interprise known as Advanta Corp.
I too will be contacting the Pennsylvania, Utah and Missouri Attorney Generals office on this matter, but due to an election year don't believe they will touch this until enough people effect rise up and voice their position.
I don't believe writing to key executives such Mr. Dennis Alter (Chairman), Mr. William A. Rosoff (Vice-Ch), Mr. Philip M. Browne (CFO), Mr. John F. Moore (President), Mr. David B. Weinstock (VP./CAO), Mr. Chad C. Blue (Chief Credit Officer) or other board members Mr. Max Botel, Ms. Dana Becker-Dunn, Mr. Olaf Olafsson, or Mr. Thomas Costello will be of any practical use as the need to live off the backs of us according to their financial statements and their options available to them.
With their stock down to $3.52 and dropping, in order for them to maintain their standard of living they will have to steal it from those who choose to remain with them. There are others who do want our business.
The only effective way to stop this insanity is to stop doing business with the alleged Mob like organization and cut their revenue stream which is now a River!
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