Report: #371054

Complaint Review: Advanta Bank Corp

Submitted: Monday, September 08, 2008
Posted: Monday, September 08, 2008
Reported By: — Albuquerque New Mexico

Advanta Bank Corp

P.O. Box 30715 Salt Lake City Utah 84130-0715 U.S.A.

Phone: 800-705-7255
Web:
Category: Credit Card Processing (ACH) Companies

Advanta Bank Corp APR jumped to 35.08%!!! Unbeleivable, outrageous and sickening Salt Lake City Utah

1Author 0Consumer 0Employee/Owner

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I recently opened a small business in March 2008, and used my Advanta Business card to help get started since I had a "fixed rate" of 7.99%. My plan was to pay it off in one year.
Just like everyone else who has submitted a report, payments always on time, and way above minimum due.

I just opened my current statement and was horrified to see that my rate had jumped to 35.08%!! It is after business hours so can't reach Advanta customer service. After reading these reports, not sure what to do.

If anyone has suggestions or information would be greatly appreciated. Feeling pretty hopeless and sick to my stomach right now.

Shannon
Albuquerque, New Mexico
U.S.A.

This report was posted on Ripoff Report on 9/8/2008 8:54:14 PM and is a permanent record located here: http://www.ripoffreport.com/credit-card-processing-ach-companies/advanta-bank-corp/advanta-bank-corp-apr-jumped-t-ded6d.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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