Advanta's Fate and Why It Matters to You
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Wow I'd recommend getting your facts straight if you're going to profit off a Company's failure. 1) Advanta was raising targeted customer credit card rates since 2006 and at no point was it "everyone" as you claim - 2) The 57% charge-offs was a month spike that resulted from an accounting policy change by the Company, had nothing to do with people going "belly up" - 3) The "Trust" didn't stop funding the credit cards, Advanta Bank Corp. did. The Trust is a braindead entity known as a QSPE.
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This will sure help me keep my head above water and help me with my debt issues that I have right now. Thank you for all that you do!
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I wrote Debt Hope: Down and Dirty Survival Strategies because no book on the shelves brings together enough knowledge on the industries that profit from serious, defaulted debt to give consumers the big picture as well as the nuts and bolts of what they need to do in order to keep their opponents from overreaching. I dont say here's how to not pay your debts nor do I say pay all they're demanding.
The book is about strategies and tactics-yours as well as theirs. Dont be the slowest zebra.
DebtNavigation 2 years ago