Advanta Bank Corp. / Unethical
I have never been late on my advanta card and have great credit. They just raised my annual percentage rate from 7.99% to 30.9%. When I asked for an explanation they would not give me one, they just said it was based on a review and could not give specifics. All they could tell me was it was based on a periodic review. Not only did they screw me over, there customer service is lousy and the representative was yelling over me.
I am so pissed and don't know if this is ethical and if I can report them for this.
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