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  • Report:  #461224

Complaint Review: Avanta Visa - David Alter CEO

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

  • Reported By:
    Ft Lauderdale Florida
  • Submitted:
    Fri, June 12, 2009
  • Updated:
    Fri, June 12, 2009
  • Avanta Visa - David Alter CEO
    Po Box 30715
    Salt Lake City, Utah
    U.S.A.
  • Phone:
    800-705-7255
  • Category:

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

David
Ft Lauderdale, Florida
U.S.A.

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