Advanta raised interest rates from 7.99% to 38.19% for no reason. Payments were always on time, credit limit was never violated. Advanda should be run out of business... ...
I had a small business Mastercard with this bank. My card had been at 12% for a few years with around a $5000 balance. Paying it off slowly. Never late. A couple of months ago the finance charge was huge. I noticed my APR was now 32% and most of my balance was at 37.18% APR (cash advance rate from ...
After years of paying on time, a good FICO score and NO delinquencies on my credit report, Advanta sent a notice that unless I write them a letter and stop using my card, the rate will increase to 32.69% PLUS LIBOR rate or 2.4%, whichever is GREATER! This means a new MINIMUM RATE of 35% or MORE! ...
Having delt with banks & "teaser" rates before... I made VERY certain I would not fall into this trap (but was trapped anyway). I know the "due" date varies AND paying a day EARLY is credited to the previous month (which makes one late in the current month). Upon asking WHEN ...
My office and myself have been in email contact with Advanta about the outrageous rate increase in our company credit card. I have written by mail the V.P. Brenden in Salt Lake City. No response to date. No phone call and in his first letter he stated he wasnt able to contact me at a phone number I ...
Went from 9.99% to 27.18%. No real reason. I have good credit (over 800) but Advanta decided that it was likely I would default - even tho I've never missed a payment and have been a customer for over 5 years. I feel taken advantage of but then, thats your company name "Advanta (ge) and from ...