Great news! Fdic definately wants more stories! They are taking advanta complaints quite seriously.
Many small business owner's now know that Advanta Bankengages in horrendous business practices.
I am among those with a FIXED RATE ACCOUNT that was jacked from 7.99% FIXED to over 32%. 750 Fico, No lates anywhere, etc.
You all know that same story.
But, what you may not know is how much the FDIC CARES about this.
I spoke with some high-up people at the FDIC and they not only know about it, but their regulators have been notified. They have expressed sincere and deep concern over this.
So please spend 5 minutes and tell your story... They need the stories to justify hard action!
GO HERE Right now: https://www2. Fdic. Gov/starsmail/index.Asp
(Special Tip: Don't put any dashes in phone numbers on the form and make sure dates are in this format XX/XX/XXXX...)
48 hours later, call this special number at the FDIC: 800-378-9581 and verify that they have your complaint, POLITELY restate it and ASK for help. They DO want to help, but can't act without your story.
Be polite, clear, brief and specific.
I have heard, that just 200 more complaints, will trigger big trouble for Advanta.
Please go to this form: https://www2. Fdic. Gov/starsmail/index.Asp and tell your story.
And more importantly, PLEASE takeHEART by remembering this heartwarming fact:
Advanta EXISTS due to a BANK CHARTER.
This is simply a DOCUMENT — an AGREEMENT — AN IDEA.
.. And this DOCUMENT can just as easily be shredded as it was printed.
What is a BANK with NO CHARTER? What is a BANK with NO LICENSE?
See the light?
1.2 Million Small Business Owners, with sufficient motivation can find a way to have that Charter revoked Advanta.
So, Advanta Executives, Stockholders, Employees, Advertisers, Vendors and SUPPLIERS take note: Advanta BANK exists because the PUBLIC TRUST ALLOWS it to EXIST.
As the PUBLIC, we simply TOLERATE Advanta's existence.
If the PUBLIC is SUFFICIENTLY OFFENDED as to ORGANIZE its effort, we may choose to REVOKE the RIGHT (i.E. LICENSE and CHARTER) of this Bank and replace it with one of our choosing — or none at all.
Keep your focus...
A Bank without a license is NOTHING.
... And complain to the FDIC RIGHT NOW... It is EASYand WORTHWHILE.
Https://www2. Fdic. Gov/starsmail/index.Asp
They truly need the clout of your story to act.
Best to you, CreditCardJihad
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Ps. Advanta Employees — we honestly do love you. This is nothing do with you, but you must get rid of your maniacal management. Let them know that you can't support their policies and that they are killing the company. They are throwing you under the bus along with their customers.orgANIZE!
Advanta Shareholders... Ummm... It is up to you and everything, but this doesn't look good... May want to dump this crapper of a company. They are content to run it into the ground. Let's see, piss off all your GOOD customers and drive the regulators to shut you down...? Good strategy???
CreditCardJihadBoston, Massachusetts
U.S.A.
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