I paid Advanta $3, 600+ in July 2008 after an 18% APR hike which sent APR 36%+ after numerous requests for APR of 10% or less to expedite repayment of balance; instead Advanta closed my account after I stated that charging a business 36% is not good business sense.
After paying $3, 600 lump sum balance, Advanta chose NOT to report my account to Experian (or other credit bureaus) which would enhance my credit score even after I requested my account be reported. I have consumer rights and Advanta is infringing on my rights by keeping my credit report incomplete. Was informed Advanta reserves the right to report (business) accounts; Advanta will report any business account defaults (which mine was not). I also paid beyond the minimums every month and was in good standing (paid as agreed) but Advanta is not allowing this account to reflect on my credit history.