I have a small non profit theatre. We had Advanta Visa for the company with a 7.9% interest rate for over a year now.
Suddenly on May 15, I get a letter an email and a phone call that the company is withdrawing all of their credit cards.inconvenient but no problem.
Then the bill show up and its jumped to 17.9%!!!
I called and complained and got the usual sorry sir but you didn't opt out in time (Huh?)
and that is now your interest rate.
This is wrong.
This is a class action suit waiting to happen. I hope we can get together and give it to that company good. I'm not the only complaint on here about this C.E. O and this company
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