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Report: #361287

Complaint Review: Advanta Bank Corp - Spring House Pennsylvania

  • Submitted:
  • Updated:
  • Reported By: carol stream Illinois
  • Author Confirmed What's this?
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  • Advanta Bank Corp Welsh & McKean Road Spring House, Pennsylvania U.S.A.

Advanta Bank Corp Deceptive Business Practices Raising of interest rate to 35 percent for no reason Spring House Pennsylvania

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30 days ago I called Advanta after my rate went up to 35 percent. I was given no reason. I was given instructions to close the account and I would be made "whole" and returned to my earlier rate and all fees credited to my account. The same day I faxed the opt out letter with all required language. To date, I have sent the letter five times to the fax number provided to me by Advanta. I have been given nothing but a runaround from the company, there are never notes on my previous calls of what I was told.

Please refer to this business journal article, it may shed some light on the timing of these hikes. http://www.entrepreneur.com/localnews/1675987.html.
the headline: "Advanta 2Q earnings dive 83%."

I have emailed the VP of Customer services again this morning to voice my complaints. His address is KBrender@advanta.com.

Frustrated and swindled in Chicago

Kbeau
carol stream, Illinois
U.S.A.

This report was posted on Ripoff Report on 08/10/2008 08:57 AM and is a permanent record located here: https://www.ripoffreport.com/reports/advanta-bank-corp/spring-house-pennsylvania-19477/advanta-bank-corp-deceptive-business-practices-raising-of-interest-rate-to-35-percent-for-361287. 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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