Advanta Bank Credit Card Complaint

extortionist rates on credit cards - Small Business Credit Card

Reviewed by truthwillout
Complaint

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! Let's all write our congressmen to STOP this madness. These rates are as bad as the 'vig' a loan shark would charge!

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Comments - Consumers and Companies Connect by Commenting

dec458 says: (10 months ago)

Join ouor growing group grassroots effort to get a class action lawsuit against Advanta. E-mail me at dec458@msn.com if interested in participating.

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Advanta Bank Credit Card Complaint