CREDIT CARD COMPANIES-SHAFT INC.-ANY HORROR STORIES

Wow.Good for you being able to hammer them right back.I went bankrupt two years ago.I build my fico score close to 700 now.Good luck!

Credit cards are should be renamed "Slave Cards", because that's what you become when you get one. The entire credit system is a trap to suck everyone into slavery.

I personally have never had a CC and never will, but I'm sure hundreds on this site will have horror stories about them.

On a side note, I think it's absolutely hilarious that so many people come on sites like this and espouse about TRUTH, the Illuminati, the stock market, the economy, etc... and all the while they're working as slaves for the credit system, paying the credit card companies money to let them spend their own money.

Fight Club was right. The only way to save ourselves is to tear down the credit system.

I kinda agree with you

I just went over to GOOGLE and there is all sorts of complaints on this---

MODS NOT FOR ME BUT YOU SHOULD PIN THIS SO OTHER GLP'ERS CAN BE MADE AWARE-If i hadnt read the
small print on the bill -i would not have caught it.

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ADVANTA/CREDIT CARD Complaints - ILLEGALLY RAISING INTEREST RATE
Review all ADVANTA/CREDIT CARD complaints
ADVANTA/CREDIT CARD
Posted: 2008-09-30 by DOUGLAS CARPENTER [send email]
ILLEGALLY RAISING INTEREST RATE

Complaint Rating:
Company information:
ADVANTA BANK CORP.
Utah
United States
ADVANTA.COM

I FOUND OUT TODAY THAT ADVANTA BANK JUST JACKED MY INTEREST RATE ON MY BUSINESS ACCOUNT FROM 10.5% TO 29.9%. I AM READING DOZENS AND DOZENS OF CONSUMER COMPLAINTS OF THE SAME THING HAPPENING TO THEM. THE BANKS ARE STARTING TO SCREW US WITH NO GOOD REASON. """""""""""""""ADVANTA SAYS THEIR REASON FOR JACKING THE RATE IS PROPIETARY AND IS PROBABLY ILLEGAL.
'''''''''''''''' MY INTEREST ON MY BALANCE WENT UP 3 TIMES AND PAYMENT JUST DOUBLED.

Card companies jacking up rates
Blame the economy, and some proposed regs that would limit hikes going forward
by Mina Kimes, reporter
Last Updated: September 26, 2008: 12:12 PM ET



More card issuers are hiking rates, blaming "market conditions."



[Blocked Ads]NEW YORK (Fortune) -- When John Dykstra got his September credit card bill from Advanta, a small-business card issuer, he was shocked: Dykstra says he has a good credit score and has never missed a payment, but his interest rate had jumped from 7.99% to 26%.

He was even more shocked by the explanation: A brochure in the mail told him he needed to be aware of the "continually changing business environment."
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“Well, South Dakota has never been a state that is much on government regulation from any level,” says Dan Nelson of the Sioux Falls Area Chamber of Commerce

With no ceiling on interest rates or fees, this rural state is home to the nation's largest issuer of credit cards — Citibank.


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""""""""THE BANKS ARE STARTING TO SCREW US WITH NO GOOD REASON. """""""""" """""ADVANTA SAYS THEIR REASON FOR JACKING THE RATE IS PROPIETARY AND IS PROBABLY ILLEGAL.
''''''''' 9;'''''' MY INTEREST ON MY BALANCE WENT UP 3 TIMES AND PAYMENT JUST DOUBLED."""""""""""""

Check that person.He claims that Advanta Spokesperson
said it is probably illegal!!!

so shaft them back.find a card with a 0% promotion. put all of your cash limit into your bank.earn interest .when the promotion time is over pay it off.you woould have made a profit lol.

If you have the money to pay off the bill which equals your purchase PLUS the interest.........why didn't you just pay cash in the first place and save some money?

Absolutely astounding what people do.

Don't pay the fuckers. What the hell are they going to do with an unsecured loan?? Take you to court and spend $20K on lawyers?

Who gives a shit about a credit score???

Yes, there used to be very strong laws on the books and in enforcement regarding usury...especially in TX. However, that was when the Fed Res wanted to shut down their competition: the mafia.

Now that the competition is out of the way or have been absorbed into the central banking system, it's a free-for-all.

Congress is equally complicit.

.

Business and Business Card-easiest way to keep track of
what is being spent on siding for the building and easier
for the account to itemize expenses for the job.

"""If you have the money to pay off the bill which equals your purchase PLUS the interest.........why didn't you just pay cash in the first place and save some money?

Absolutely astounding what people do.""""

Again-i have other cards which i could have used.The point
of this is-ADVANTA-did this without notification--AND THAT
IS A SLEASY FOR SURE.Again if i knew the rate -i use another card.

Yup. Perfectly legal to do this at any time -- that's what the fine print says on the application and all their disclosures after that. Although, they didn't used to do stuff like this without a reason before.

My intentions exactly.

and tell me ...

who forced you to to buy things on credit ????

No one forces anyone to use credit, however we are now BEING FORCED to pay for the bank's fuck ups.

Fuck the banks!

Owned a business, did the books/accounting for over 20 years. It doesn't take a CC to keep track of anything, just an honest bookkeeper who does their job everyday.

Just got a letter from them (Advanta)today stating they are closing my 12.5k account due to inactivity.
I called them and they are re-evaluating accounts with no activity and re inquiring to equafax to see if you have outstanding issues, which I do not!
After a brief argument she said that I could re-apply.
I said you can keep it and wished her well on her employment there.

If you've been screwed over like the hundreds of others like me on the Advanta interest rate, please e-mail me at [email protected] if your interested in participating in a class action lawsuit against Advanta.