The account was closed in February 2009 because Advanta Bank was taken over by the FDIC. I later received notice from the company that all accounts were closed in 02/2009. At the time my account was closed my balance was $2,832.00. A representative contacted me from Advanta Bankcorp and began to pursue collection attempts.

My interest rate was raised without any notification to me; and when I tried to make contact through written communication I was never given the same address and I did not receive a response to my numerous letters.

I had never been late paying my account; and when I tried to make a payment that did not post and my account was accesed a $39.00 late fee. I contacted the company made the payment and the late fee was removed from my account.

On my next billing I was accessed another $39.00 late fee. I contacted the company, all to no avail. Even though I have made payments on time on my account since it was closed in 2009 with no further charges on my account my balance today has now increased to over 3,000.00; and reported to 3 credit bureaus that has caused me irreputable harm.

I feel the only way to put an end to this bankrupt company is for a group to get together and file a class-action lawsuit; and also request some type of congressional hearings.

Lets us this site to pull together a class-action.