Advanta Bank Corp
Advanta trying to strangle consumers and businesses

Miscellaneous

My husband is a victim of unfair practices by Advanta Bank Corp. With offices in Salt Lake City, Utah and also Spring House PA.

They solicited his business and offered him a low rate for his business with a Platinum Business Card. They would keep sending him checks to use too. His interest rates have escalated continually. He called several times. When it reached 35% he called again and spoke with a female who said that they would get back with him. This never happened.

After receiving the Oct. Bill he called again and they said to write a letter to the hardship dept. Which was faxed on Friday Nov. 14th. He followed up to be sure it was received and the nightmare continued from there. They claim they sent an Opt Out letter which he never received. We have seen over 200 complaints from others that never received any opt out letter too. He goes through all mail personally.

Jan. - Feb. 2008 Interest 9.99%
March Interest increased to 18.74%
April - Sept. 2008 remained 18.84%
Sept. 2008 Interest increased to 35.08%
Oct. 2008 Interest increased to 36.31%
Nov. 2008 Interest increased to 37.18%

Total of overcharged interest amounts about $3,700. He has excellent credit and has never been late. They have no legitimate reason for raising his rate.

Today he spoke with Jacob Hamilton with who said he was sent an Opt-Out notice in Aug. That he NEVER REC'D. Jacob was very arrogant on the phone.


Company: Advanta Bank Corp
Country: USA
State: Utah
City: Salt Lake City
Address: 11850 South Election Road
Phone: 8015230858
  <     >  

RELATED COMPLAINTS

Advanta Bank Corp
Advanta Credit Card, advanta Bank Corp raised interest rates without cause to usuarious rates

Advanta Bank Corp
Overcharged

Advanta Corp
Interest rate increase

Advanta Bank Corp
Interest rate goes from 7.99% to 25.08%!

Advanta Bank Corp
Beware Interest Rate hikes!

Advanta Bank Corp
Unjustified Interest Rate Increase - Beware of this Company

Advanta Business Card/Advanta Bank Corp
Advanta Business Card / Advanta Bank Corp. P. O Advanta Business Card / Advanta Bank Corp. Unfair Practice

Advanta Credit Card Company
Arbitrary interest rate increase from 7% to 31% for NO REASON

Advanta Bank Corp
CEO Dennis Moore Interest Rate Increase Salt Lake City Utah

Advanta Bank Corp
Overcharged