Avant Credit Corporation Consumer Loan Complaint

Avant Credit Corporation Consumer Loan department,

Installment loan Managing the loan or lease Connecticut

I applied for and was approved for a loan with Avant Credit, issued by - on or around - of this year. At time of application/approval, terms such as high interest rate of 35.94 % were not disclosed. Rate was learned about after reviewing terms on company web-site recently, it did not show previously. Had I known about such a high rate, I would not have applied. I borrowed - and will be paying more than double that at end of 60 month term, this is ridiculously high. After doing some research, it appears Avant charges everyone the same flat rate, regardless of credit score/worthiness. My score at time of application was in the mid to high - range and my rate should not be so high, there seems to be something shady going on here. A number of - reviews show a large number of negative reviews about Avant, most about high interest rate. I spoke with a - - at Avant and was not able to resolve matter, he defended the rate and claimed to have screen shots showing terms, rate, etc. There is no way


This is - of several complaints filed, previous complaints were referred to FDIC, Avant stated they received a similar complaint from them as well and replied. I have received no reply from FDIC in regard to this matter. If Avant- thinks I will pay over - in interest, more than the loan principle, they are sadly mistaken. In closing, please advise Avant/- that they will not see anymore payments until rate is lowered. - - as well as another Avant rep have also been advised the same. Their address is - - - # -, - - -, UT -. My address is - - - - -, - -, CT -