• Report: #461224
Complaint Review:

Avanta Visa - David Alter CEO

  • Submitted: Fri, June 12, 2009
  • Updated: Fri, June 12, 2009

  • Reported By:Ft Lauderdale Florida
Avanta Visa - David Alter CEO
Po Box 30715 Salt Lake City, Utah U.S.A.

Advanta Visa - David Alter CEO Jumps up interest rate without any defaulr on my part or warning on theirs. Salt Lake City Utah

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I have a small non profit theatre. We had Advanta Visa for the company with a 7.9% interest rate for over a year now.

Suddenly on May 15, I get a letter an email and a phone call that the company is withdrawing all of their credit cards. Inconvenient but no problem.

Then the bill show up and its jumped to 17.9%!!!
I called and complained and got the usual sorry sir but you didn't opt out in time (Huh?)
and that is now your interest rate.

This is wrong.

This is a class action suit waiting to happen. I hope we can get together and give it to that company good. I'm not the only complaint on here about this C.E.O and this company

Ft Lauderdale, Florida

This report was posted on Ripoff Report on 06/12/2009 04:40 PM and is a permanent record located here: http://www.ripoffreport.com/reports/avanta-visa-david-alter-ceo/salt-lake-city-utah-84130/advanta-visa-david-alter-ceo-jumps-up-interest-rate-without-any-defaulr-on-my-part-or-w-461224. 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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