ADVANTA CORP
424B3, 1997-09-09
PERSONAL CREDIT INSTITUTIONS
Previous: STV GROUP INC, 4, 1997-09-09
Next: ADVANTA CORP, 424B3, 1997-09-09



<PAGE>   1
Pricing Supplement No. 7 dated September 5, 1997                Rule 424(b)(3)
(To Prospectus dated July 8, 1996 and                       File No. 333-05701
Prospectus Supplement dated August 7, 1997)

                                  ADVANTA CORP.
                      VALUE NOTES SM, SERIES A - FIXED RATE
==============================================================================
Cusip No.: 00757GAG4                                  Interest Rate: 7.00%
Aggregate Principal Amount: $45,000                   Maturity Date:  9/10/99
Total Agents' Discount or Commission: $337.50         Issue Date:  9/10/97
Net Proceeds to Issuer:  $44,662.50                   Trade Date:  9/05/97
==============================================================================
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
                                                                   Agent's Discount      Net Proceeds to
              Name of Agent                   Principal Amount      or Commission             Issuer
- -------------------------------------------------------------------------------------------------------------
<S>                                              <C>                  <C>                     <C>        
Sage Rutty & Co.                                 $45,000              $337.50                 $ 44,662.50
- -------------------------------------------------------------------------------------------------------------
</TABLE>


Interest Payment Dates: October 15, 1997 and the 15th day of each succeeding
                        calendar month thereafter through and including 
                        August 15, 1999 and on the Maturity Date.

Day Count Convention:
         [X] 30/360 for the period from 9/10/97 to 9/09/99.
Redemption:
         [X] The Notes cannot be redeemed prior to the Stated Maturity Date.

         [ ] The Notes may be redeemed prior to the Stated Maturity Date.
             Initial Redemption Date:
             Initial Redemption Percentage:
             Annual Redemption Percentage Reduction: ____% until Redemption
             Percentage is 100% of the principal amount.

Form:    [X] Book Entry

Agent acting in the capacity as indicated below:

         [X] Agent                                       [ ] Principal

If as Principal:

         [ ] The Notes are being offered at varying prices related to
             prevailing market prices at the time of resale.

         [ ] The Notes are being offered at a fixed initial public
             offering price of ____% of principal amount.

If as Agent:

         The Notes are being offered at a fixed initial public offering price of
100% of principal amount.

<PAGE>   2



         [ ]  Other Provisions:


         [ ]  PaineWebber Incorporated

                           [ ] Legg Mason Wood Walker, Incorporated

                                                      [X] Sage Rutty & Co.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission