I have done some subsequent research since Advanta did the same to me, by jacking my interest rate up from 10.3% to 35% in August with no notice and no valid reasoning other than they say I no longer meet their lending criteria in today's market conditions.

I have an attorney who they also ripped off in the same manner looking for members to file a class action lawsuit against Advanta. We need to make Advanta pay for screwing us over. They cost me at least $600 in extra interest before I got them paid off this week.

Please e-mail me at or advantafighter@yahoo.com and help participate in this lawsuit so Advanta is given the proper justice.

Thanks!

DEC


  Comments (38)
RSS comments
1. Written by Deb, on 02-11-2009 15:26

:( Tried contacting Dec474 and mail was returned. Do any of you know if something is going on? 

deb

2. Written by Deb K, on 02-11-2009 15:21

:( Advanta makes me soooo angry. I have contacted DEC regarding a class action lawsuit, and I have also contacted President Obama and Senator Grassley. If the government can bail out these banks, they should be able to call a stop to these piss poor practices. Starting today, I am going to write to every politician out there that may be able to call for an investigation. Raise the roof, y'all!!!!

3. Written by Matthew, on 02-11-2009 11:08

Same story. 34.99%. Just recieved a check for $7.14. What a joke. This must be illegal. Please sign me up. My e-mail address in

4. Written by Mike Floris, on 29-10-2009 17:35

Same story - unjustified increased rate, poor customer service when you call and ask to be given a reason for the increase and 2 small checks that they hope you'd cash, to release them from their screw-up. 

 

Please add me to this class action.

5. Written by dmay, on 28-10-2009 04:45

i filed a complaint with the texas attorney generals office for usuary law violations. these banksters need to be put in place

6. Written by Slav, on 27-10-2009 20:18

I also received acheck for $26 but my card was cancelled with the explanation that Advanta went bankrupt.I would like to be contacted at for a potential class action law suit.

7. Written by faith504, on 20-10-2009 17:12

I received a 2nd check today. It was $20. What a joke. Where are the lawyers?

8. Written by popmm, on 19-10-2009 11:57

Same thing happened to me. Very small business owner. Got very low rate, never late and always overpaid. Rate jumped to 25% with no explanation. Had to cash in IRA to pay it off or pay astronomical interest! Just got a check for cash back underpayment. Assuming I should not cash that!

9. Written by MN, on 19-10-2009 06:50

Trying to find info about class action lawsuit. Not having luck. Anyone know anything?

10. Written by DrMike, on 09-10-2009 13:28

I have the same story as everyone else. Rate went from 10% to 36% with no reason other than we have reevaluated. I tried to email the listed email but it was sent back undeliverable.

Comments on Looking for Class Action Members - Lawsuit against Advanta Bank

Consumer Forum is another great place to discuss consumer concerns NOT RELATED to this article.

Name:
Comment:



Code:* Code
I wish to be contacted by email regarding additional comments