Complaint Review: Advanta Card' - Philadelphia Pennsylvania
- Advanta Card' advanta.com Philadelphia, Pennsylvania U.S.A.
- Phone: 800-705-7255
- Web:
- Category: Bait-and-Switch
Advanta Card' HUGE APR INCREASE Philadelphia Pennsylvania
*Consumer Suggestion: Advanta CEO Dennis & Gisela Alter 'Advanta stupido lowlife scumbag'
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I was shocked to see that Advanta had increased my APR to over 30%. I have paid faithfully each month and have usually paid over the minimum. When I emailed and then later called Advanta I was told they could do nothing for me. I don't believe it. I am frankly shocked that this was legal.
Advanta may have sent me something about the upcoming increase, I'm not sure. I know they did not warn me about how high the APR could get when I signed on. They liked the money I had sitting in my bank account. Now that I have been forced to use my credit cards more and my bank account is small and my credit is now fair instead of good, Advanta is apparently allowed to add exponentially to my APR.
I want to get out of debt. I will not be using credit cards and will somehow try to cover my expenses without them. I will continue paying well, but I don't see how I can ever pay off this balance at 30 plus percent. This kind of short sighted exploitation of a regular person doesn't just hurt, it may put people like me out in the street or force us into bankruptcy.
Victim
Pasadena, Maryland
U.S.A.
This report was posted on Ripoff Report on 01/27/2009 09:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/advanta-card/philadelphia-pennsylvania-19101/advanta-card-huge-apr-increase-philadelphia-pennsylvania-416732. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 Consumer Suggestion
Advanta CEO Dennis & Gisela Alter 'Advanta stupido lowlife scumbag'
AUTHOR: Advanta Rip Off - (U.S.A.)
SUBMITTED: Tuesday, January 27, 2009
If you are really serious about reducing your interest rate from Advanta, write many letters as possible to this address.
DENNIS & GISELA ALTER - Advanta CEO
7111 SHEAFF LN
FORT WASHINGTON, PA 19034
You need to write many letters every week for prompt action. Folks, it worked for few posters here. It went down from 37% to 15% within three months. It is definitely lot better than writing letters to bunch of government agencies. Trust me! Furthermore, you have nothing to lose for sure. Good luck!
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