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Advanta's earnings for 2003 were $28.2 million, and it was the third-largest credit card company for small businesses in the United States. In 2004, it employed 1,000 people, primarily in the Philadelphia region, but also in Salt Lake City. [2] In early 2006, Advanta had $4.9 billion in managed assets, with annual income of just under $400 million.
An IRS impersonation scam is a class of telecommunications fraud and scam which targets American taxpayers by masquerading as Internal Revenue Service (IRS) collection officers. [1] The scammers operate by placing disturbing official-sounding calls to unsuspecting citizens, threatening them with arrest and frozen assets if thousands of dollars ...
Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard (PCI DSS) is the data security standard created to ...
And now Advanta (ADVNB), a First CIT Group had to seek bankruptcy protection last month when it failed to strike a deal with bondholders to rework its debt. Advanta files for bankruptcy -- more ...
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If credit card companies earned a letter grade based on the number of complaints their customers voiced about them, one company would get a big fat “F.”
Avoid bogging yourself down with negative emotions of guilt or shame. You got into debt to solve a problem, and putting those charges on your credit card may have been the best solution available ...
A recovery room scam is a form of advance-fee fraud where the scammer (sometimes posing as a law enforcement officer or attorney) calls investors who have been sold worthless shares (for example in a boiler-room scam), and offers to buy them, to allow the investors to recover their investments. [92]