USER REVIEWS (Ron Hanson)
Advanta Credit Card
I received a notice that Advanta was raising my monthly rate on our corporate credit card from 19, 16 to 37.16 for no apparent reason other than that they can. When I called and complained, stating that we have made on-time payments regularly, many times for more than the minimum required, they replied that various reasons indicated to them that we are a high risk for default. When I asked how they determined that they simply stated on-time payments and greater than minimum amounts paid are only part of their criteria and that "variou... read full review »
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