I am in the same boat with other long-term good customers of Advanta. I have excellent business and personal credit and had my rate jacked this month to 35%
This is robbery and their so called customer services reps.in India are no help and neither are the account managers. According to them no lower rate is available. Fortunately I am able to pay off these crooks. How can this be legal? 35% is unthinkable!
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