- Report: #381369
Complaint Review: Advanta Bank Corp - Salt Lake City Utah
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Advanta Bank Corp
http://www.advanta.com Salt Lake City, Utah, U.S.A.
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Advanta Bank Corp Finance Charges Interest Rates Salt Lake City Utah
I originally accepted this card with a life interest rate of 7.99 percent. Since accepting my card March of 2007 Advanta has increased my interest rate to 30.09%.
I have a 835 (thats correct) personal score and my business has a paydex score of 89. I've never missed a payment or have I ever paid late, have always paid more than the minimum due and days before the due date, yet they raised my rate based on current market conditions.
I immediately paid off my balance in full for the month $33K. The next month I received a bill for $219.41 in finance charges for a zero balance.
This has to be one of the most deceptive businesses I've ever run across. Though I'd never had any problems with this company prior I can only imagine that their reasons for this are pure greed and their attempt to obtain as much money as possible for the execs golden chute.
Orelious
PO Box 335881, Nevada
U.S.A.
I have a 835 (thats correct) personal score and my business has a paydex score of 89. I've never missed a payment or have I ever paid late, have always paid more than the minimum due and days before the due date, yet they raised my rate based on current market conditions.
I immediately paid off my balance in full for the month $33K. The next month I received a bill for $219.41 in finance charges for a zero balance.
This has to be one of the most deceptive businesses I've ever run across. Though I'd never had any problems with this company prior I can only imagine that their reasons for this are pure greed and their attempt to obtain as much money as possible for the execs golden chute.
Orelious
PO Box 335881, Nevada
U.S.A.
