I received my Advanta statement today, to discover that my interest rates had tripled. After doing my due diligence (talking to three people - two in management), I was informed that in spite of the fact that I had a perfect payment record, and a credit score of 780, I was still subject to the ...
I have experienced the same issue with my interest rate going from 7.99 to 24.99 with no notice. I called and they claim to have sent a letter of this change yet that is not true they send you those checks out every month and printed the change on the back and no one notices until they go to pay ...
I wanted to mention a situation now occurring I believe due to the tight credit crisis and the banks, such as Advanta, trying to minimize credit card balances and become more liquid due to bad loans, credit cards with too low of an interest rate, etc. And reduce their exposure of credit card ...
We have excellent credit and advanta business card raised our rate to 35%!!! We are a small business in business since 1989 never late on any payment we received our statement with the rate from 7.9% to 35% the reason the guy said is that they have so many businesses not paying they have to get ...
I was issued a card from advanta bank, [credit card] saying for the first 3 mths it was charging 9% and after it will go to max12% according to libor Anyway i got this new statement from them, and they have raised my interest rate to 35%, are they mad, i call them and ask them to lower my rate, all ...
I started out with 0% rate and less than 3months ago the company raised my interest rate to 31% this is predatory lending. I tried sending letters and speaking with someone and all I get is poor customer service. The company has jack the price up so high that i cant afford to meet minimum payments. ...