Advanta Raises Your 8% Credit Card To 20% Because The Economy Is Bad

Advanta Raises Your 8% Credit Card To 20% Because The Economy Is Bad

I have had an Advanta Credit Card for a little over a year now. My interest rate prior to a few days ago was 8%. My credit rating is very good, and I have always made my payments on time. As I was looking over my bill for September I noticed a fee of $75 dollars. A few clicks later I found that my interest rate had been raised to 20%.