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  • Report:  #377996

Complaint Review: Advanta - Philadelphia Pennsylvania

Reported By:
- san francisco, California,
Submitted:
Updated:

Advanta
Philadelphia, 19101 Pennsylvania, U.S.A.
Phone:
215-657-4000
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Enron's Ken Lay is not dead. He is still alive. He is incarnated with new name of Dennis Alter. He is the Chairman of Advanta Bank Corp. He is terrorizing small business people.

Just like many of you, I am also a very small businessman tried to make a living in the US on a day to day basis. I never missed to make a monthly payment. This month, they raised my interest rate to 35% on Advanta Credit Card. They will not reduce it no matter what now. What to do! Helpless in America!

I have found a list of gang members who are acting criminal acts and they are free as OJ Simpson.

Every chance you get, please distribute this list wherever you can. We need real bad publicity about Advanta crimes to protect small business folks.

Gang of White-Collar Crime Board at Advanta Corporation

1) Dennis Alter - Chairman, Chief Executive Officer and Chairman of Corporate Governance Committee

$992,212 total amount ripped off from small businessman like us.

2) William A. Rosoff - Vice Chairman, President and Member of Corporate Governance Committee

$750,000 total amount ripped off from small businessman like us.

3) Philip M. Browne - Senior Vice President and Chief Financial Officer Advanta Corp

$583,646 total amount ripped off from small businessman like us.

4) David B. Weinstock - Vice President and Chief Accounting Officer Advanta Crop.

$304,993 total amount ripped off from small businessman like us.

5) John F. Moore - President of Advanta Bank Corp

$303,968 total amount ripped off from small businessman like us.

6) Olaf Olafsson - Executive Vice President at Time Warner Inc

$000,000 hided total amount ripped off from small businessman like us.

7) Max Botel - Independent Director, Chairman of Compensation Committee and Member of Audit Committee,

$000,000 hided total amount ripped off from small businessman like us.

8) Thomas P. Costello - Independent Director and Chairman of Audit Committee

$000,000 hided total amount ripped off from small businessman like us.

9) Ronnie Lubner - Chairman of Belron International Ltd.,

$000,000 hided total amount ripped off from small businessman like us.

10) Michael Aaron Stolper - Partner at Veritable, LP

$000,000 hided total amount ripped off from small businessman like us.

11) Dana Becker Dunn - Director of Advanta Corp

$000,000 hided total amount ripped off from small businessman like us.

12) William A. Rosoff - President and Vice Chairman of Advanta Corp.

$750,000 total amount ripped off from small businessman like us.

13) Mark A. Barnes - Group Chief Executive Officer of Capital Alliance Holdings.

$1,080,000 total amount ripped off from small businessman like us.

14) Craig Carter - Executive Director at Avasa Holdings Ltd.

$1,135,000 total amount ripped off from small businessman like us.

15) Shaun L. Rai - Chief Executive Officer of Cape Empowerment Trust

$1,990,000 total amount ripped off from small businessman like us.

16) Thembeka Gwagwa - Non-executive Director, Purple Capital Ltd.

$000,000 hided total amount ripped off from small businessman like us.

17) Alex W. Hart - Advisor, Paymetric, Inc.

$000,000 hided total amount ripped off from small businessman like us.

18) Richard A. Greenawalt - Chief Executive Officer and Director at Arcadia Financial Ltd

$000,000 hided total amount ripped off from small businessman like us.

Advanta rip off

san francisco, California

U.S.A.


2 Updates & Rebuttals

Advanta Rip Off

San Francisco,
California,
U.S.A.
Latest Update From Advanta Rip Off Reponded by Deborah Williams, Account Manager, Advanta

#2Author of original report

Wed, October 08, 2008

Dear Mr. Xxxxxxxxxx, Thank you for contacting us about the terms of your Advanta account. Your Advanta rates are based on a variety of factors including information about your Advanta account, such as credit line utilization and payment history and information we obtain from credit bureaus about your personal and business credit. The information we obtain from the credit bureaus can include your activity on any other accounts you may have including mortgages and other credit cards. As a result of our review, your Annual Percentage Rate is now LIBOR + 32.59, currently 36.310%, for purchases and balance transfers. The cash and convenience check rate is now LIBOR + 32.59, currently 36.310%. Our lending criteria are more conservative and may differ from other financial institutions. These changes do not mean you have bad credit. It means that based on our criteria, this is the APR (interest rate) we are able to offer for you to obtain credit from us with your business card account. If you are having difficulty making your payments due to your interest rate please contact the National Foundation of Credit Counselors (NFCC) at 1-800-388-2227. We appreciate the opportunity to serve you and your business needs. If you have any other questions or concerns, please feel free to contact our Customer Service Center. You can visit us online 24 hours a day at www.advanta.com or call us toll free at (800) 705-7255, Monday - Friday 8:00 am to 8:00 pm and Saturday 8:00 am to 5:00 pm Eastern Time. Deborah Williams Account Manager Advanta


Ken

Randolph,
Massachusetts,
U.S.A.
What to do!

#3Consumer Comment

Fri, October 03, 2008

Find a new card provider. Beyond that, frankly, I couldn't make a great deal of sense out of this post. But at least the solution is obvious.

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