Avant Credit Corporation Consumer Loan Complaint

Installment loan Shopping for a loan or lease shopping for a loan or lease

Avant Credit Corporation Consumer Loan department,

Installment loan Shopping for a loan or lease Shopping for a loan or lease Connecticut

I applied for and was approved for a loan with Avant Credit on or around - of 2014. At time of approval, the interest rate/terms were not disclosed, nothing was signed on paper. Ive been making timely payments via their website and just noticed their interest rate of 35.9 % is unusually high. Because of this high rate, the payments I 've made thus far do not even reflect on balance owed, they go towards interest. Had I known about this prior, I would not have agreed to supposed terms, which were not disclosed at the time. This high interest rate is illegal in opinion and should be lowered. Please advise Avant Credit they need to lower my rate ASAP if they wish to continue seeing payments.

Avant Credit Corporation customer in Connecticut
Nov 13, 2015

* Source: CFPB Complaint Database

Avant Credit Corporation response to complaint:
Closed with explanation

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