We have a small business account with Advanta. We borrowed $10,000 for a short term, we thought. A business deal didn't happen, and we had this loan to pay back, as a result. We had a 3.9% interest rate. This month, our rate was increased to 35.08%. We have excellent credit. We spent 30 minutes ...
I've owned a small business for over 5 years. Advanta has been one of my credit cards. Slowly they have raised my rate, but this month they raised my rate from 15.99 to 35.08. I have never been late or have gone over my limit - with this or any other credit card or bill. My personnal credit is ...
Rather than detail specific problems, I have compiled some advice on dealing with this predatory lender. My experience is based not only on my own accounts, but in managing accounts for others. This link will take you to a personal consumer blog attached to a commercial web site of no relevance to ...
I am a small business owner (opened 3-31-07). I was misled into thinking that the 0% introductory rate for one year would be great to help with my business expenses. I have always paid more than the minimum balance due and have always paid my bill early. A couple of months ago, I happen to notice ...
It looks like we are not the only ones, but upon opening our Advanta statement today I discovered that our rate was jacked from 7.99 to 30.08. We've been a customer for about 8 months and have had NO late payments, pay considerably more than the minimum amount due and have NO negative payment ...
I went online to pay my monthly Advanta credit card bill and was shocked to dicover that they had jacked the APR up to 30.08%. As of last month, it was 12.49% and I've been a cardholder for over 9 years with a perfect history of paying my bills on time. I have never had a late payment or gone over ...