Recognizing a faster than planned rise in prepayments, Advanta Corp. took a pretax charge of $23.9 million to its second-quarter earnings Tuesday; it also revised its prepayment assumptions.

Advanta, based in Horsham, Pa., reported a 51% increase in net income from the quarter before, to $9.5 million, or 35 cents a share-a few cents below the mean of analysts' estimates but above Nelson Information's mean. The charge is not expected to affect projected yearend earnings, the company said.

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