Small Business Lender Advanta Files For Bankruptcy - Congoo

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Small business lender Advanta files for bankruptcy

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Yahoo! Canada | November 09, 2009

Small business credit card lender Advanta has filed for bankruptcy, five months after it cut off new lending on its 1 million customer accounts. Advanta's lending arm, Advanta Bank Corp., was not included in Sunday's Chapter 11 filing, and will continue operating as usual. While Advanta stopped maki...

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