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Advanta

Advanta Freezes Credit Cards – High Yield Notes in Jeopardy?

In a desperate attempt to preserve capital, Advanta has halted all charges from its small business customers after June 10.  This is especially disturbing to not just small business card holders, but also, the thousands of individuals holding their high yield investment notes (see initial skeptical article 1 month ago on Advanta Investment Notes).  In [...]

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Advanta High Yield Notes: 8.5% – 11% Yield Worth the Risk?

I continue to read with interest the advertisements in my local paper for these Advanta high yield investment notes.  Currently, they’re offering a 1 year note at 8.5%, a 2 year note at 10% and a 10 year note at 11%. These are exceedingly high yield investment notes, especially in light of the current low [...]

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