Advanta Bank Corp
Overcharged

Business & Finance

The organization improved my company charge card rate of interest more than 300% without notice and with no sensible description why? I called to discover why. I had been informed the preliminary charge card conditions that we approved (for me personally, it had been released 4 years before and that I couldn't discover), provides them the best to alter the price, without notice.

Cause given was my balance was $1,000 greater than this past year (nevertheless well below my borrowing limit) and that I had one late-payment. I expected to get a written clarification, that we have yet to get. I've Credit credit rating within the reduced 800is, a superb credit card balance that quantities to only 15% of the sum total borrowing limit on my card.

I believe this boost reaches minimal, Crazy! Along with a great example of the 'deceptive credit' exercise, especially within the recessionary downturn within our existing Economy.

I intend on processing a with my representative as well as composing a notice towards the Los Angeles Times for book. I would be pleased to participate in with others in processing a suit - when there is a legitimate foundation for doing this.


Company: Advanta Bank Corp
Country: USA
Site: advantabankcorp.com
  <     >  

RELATED COMPLAINTS

Advanta Bank Corp
After 4 yrs use of credit card at 7.99%, got an interest rate increase to 25%, No Notice, No Explanation

FIA credit card services
Deceptive practices

Salute Credit Card
Fraud and dishonesty

HSBC Credit Card
HSBC Credit Card Reduces Credit Limit and Raises Interst Rates of Good Customers

Advanta Credit Card
Increased interest rate

Discover Card
Only problems

G E Money Bank
Credit

Discover Financial Services
Discover Card ripoff Over the limit charge for balance transfer fees on new account

Advanta Bank Corporation
Increased credit card interest rate by over 300% without justification or adequate notice

FIA card services master card
Credit limit