Complaint #1654852 submitted on 11/13/2015 relating to Avant Credit Corporation. Complaint relates to Consumer Loan Installment loan - Shopping for a loan or lease .
Complaint was submitted via Web and sent to the company on Wednesday 18th November 2015.
I applied for and was approved for a loan with Avant Credit on or around XXXX 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.
| Company | Avant Credit Corporation |
| Complaint ID | 1654852 |
| Date Received | 11/13/2015 |
| Product | Consumer Loan Installment loan |
| Issue | Shopping for a loan or lease |
| State/ZIP Code | CT 063XX |
| Consumer Consent | Consent provided |
| Company Public Response | |
| Company Response To Customer | Closed with explanation |
| Submitted | Web 11/18/2015 |
| Result | Timely Response: Yes, Consumer Disputed: No |
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