The only drawback with Avant is the rates. Coming up on the end of my loan with Avant in January 2021, I had a need to get another loan and considered doing it with Avant. They were only able to offer me a high rate near the one I had on my first loan when I was far earlier in my credit rebuild. I would have considered paying them slightly more because they have been wonderful to work with and have a very nice app, but in the end I found another good lender who offered me a rate less than half what Avant did. If you are in a situation where you are stuck with only high rate options, Avant is great to work with. If you can do better on APR, you should. I did. But I do appreciate Avant for the role they played. I think it's the role they intend to play, and it is important.
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Most Helpful Negative Review
This company is the biggest loan shark / rip-off, unreputable company that I have ever dealt with. Their interest rates are exceptionally high. It is impossible to reach a human on the customer service phone number. They do not have a simple method to pay an amount that is not a regulary scheduled payment, for example if you wanted to pay an extra $1,000 on your loan, there is not a way to input the payment amount. You must divide the amount that you want to pay into regulary scheduled payments (for which you can change the date). There is no graceful way to pay off the loan. This company wants auto-draft outrageous interest amounts from you, not let you have any say or any control, and make it impossible for your to manage your account. They want to manage your account the way they want to manage your account. To heck with you and how you want to pay them! RUN AWAY AS FAST AS YOU CAN!
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**Annual Percentage Rates, terms of loan, and monthly payments presented are estimated and were created based on analysis of information provided by the consumer and available rate information from lenders. While efforts have been made to maintain accurate information, the loan information is presented without warranty and the estimated APR or other terms presented do not bind any lender. Lenders generally have a range of available APRs (for example, a lender’s range might be 2% to 12%) and only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, vehicle information, credit usage and history. All loans are subject to credit review and approval. Additionally, model year, loan-to-value, minimum loan balance mileage, income, debt, etc. restrictions may apply. When evaluating offers, please review the lender’s Terms and Conditions for additional details.