Reston, Virginia
5 comments

we have excellent credit and advanta business card raised our rate to 35%!!!we are a small business in business since 1989 never late on any payment we received our statement with the rate from 7.9% to 35% the reason the guy said is that they have so many businesses not paying they have to get their money some how!

we cannot afford 500.00 a month interest!! this has to be illegal!

what can we do??we cannot transfer because no ones lending so thanks to this loan shark lending they will most likely put us into bankruptcy

Review #137432 is a subjective opinion of a user.

PRODUCT OR SERVICE Not specified
Reason of Review / Monetary Loss Not specified / Not specified
Preferred solution Not specified

Had an Experience with Advanta Bank?

Write a review

Comments

Comment as anonymous or
Terms of Service
Post Comment
Cancel
D Carpenter
Meyenburg, Brandenburg, Germany #43076

They did the same thing to me and many many others. If you would like to join our class action lawsuit, please e-mail me (take out the pluses) dec+458+@+msn+.com.

Very Disappointed
#41391

This also happened to us recently.We've never made a late payment, exceeded our limit, or anything else that should have triggered the unrealistic increase.

I've called several times, and the best excuse I've gotten is that the increase is due to the "bad economy." Ripping off good customers doesn't sound like a good philosophy to adopt if you're wanting to improve your financial outlook.

Something about this seems really fishy to me.Unfortunately, the law currently allows this type of unfair business practice within the credit industry.

***ed off too
#40950

I just noticed mine went to 35% all of a sudden too. No problems here, always paid on time more than necessary, I'm going to demand it be lowered dramatically or I'm gone.

Robert
#38804

This just happened to me as well.No credit issues, no late payments, always pay off - or more than minimum.

There must be some way for companies to be punished for this.

All I am aware of is to STOP USING ADVANTA CARDS.THEY ARE NOT A TRUSTWORTHY COMPANY.

Seeking Great Service
#38478

The same thing happened to my husband and I a few months ago.I'm just happy that we only owed a few thousand at the time so we paid it off and got rid of the card!

We opened a business credit account with PNC bank to replace it and couldn't be happier! The rate is good and the card even has rewards!

I'm sorry to hear that Advanta is messing with you too.I hope that you can get rid of them soon too!

You May Also Like

Ge Capital Retail Bank - GE CAPITAL PAYPAL HAVE TIES THAT OTHER BANKS DON'T Ge Capital Retail Bank "There will be copies of documents that I have sent to the various state & federal agencies since 2011. I can't even picture how many Billions & Billions of dollars..." Read more Axiom Bank fraudulent return check charge Axiom Bank "Axiom Bank refused to pay my check #1007 on May 02, 2017. I have the statement and the return check statement to prove that I had $181.03 in my acc't,..." Read more Nationwide Bank Unauthorized & unsolicited set up of 25 accounts Nationwide Bank "I received in the postal mail yesterday 01-14-17 five packages from Nationwide Bank mailed from zip code "02021" which is Canton Massachusetts, 25 account numbers that I "supposedly" opened. The..." Read more Ally Bank Auto Loan Review Ally Bank "I've been with ally auto financing for two years. Bought 2014 Kia Optima brand new for 300.27 a month through ally mobile app. January 11th 2017 I made my payment..." Read more Child Protective Services - I need help Child Protective Services "I have three wrondful boys. They are in foster care,and have veen for about 18 months now. While they have been in CPS custody, two of my boys were in..." Read more Coleman Furniture - Horrifying experience Coleman Furniture " purchased my sofa on April 23, 2017. I received a recliner sofa and love seat where the sofa has a gap between the base and the back.I sent over..." Read more Atompark Software - Great Customer Support Atompark Software "Not just ones or twice, I have been in touch with Atompark live chat so many times, not just for fresh purchases and discounts, but also for many technical issues,..." Read more Garden Winds - Horrible Customer Service Garden Winds "Garden Winds customer service is the absolute WORST! After sending two email and getting no response, "I" had to call to get any kind of answers concerning their defective products..." Read more