- Report: #1400865
Complaint Review: Avant Credit - Chicago Illinois
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Author Not Confirmed
Why?
Avant Credit
222 N. La Salle #1700 Chicago, 60601 Illinois, USA
Phone:
800 712 5407
Web:
https..//www.avant.com
Categories:
Business Rating:
(0)
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Avant Credit Avant Loans Loan with 35% INTREAST Rate, Chicago Illinois
We took out a loan in Nov. 2015, at a high intreast rate of 35%, with the promise from Avant that in three to six months we could refinance at a lower rate as long as all payments have been made on time. Allour payments have been made on time, we have requested that our loan be refinanced as promised but have been re fused. The original loan was for $9,300.00, to this date we have payed $7,736.28 with thre balance being $7,736.28. So far we haave paid $1,563.72 toward the loan the amount of intreast paid $6,172.56. This was suppose to be a three year loan but if it continues at this rate it will take us 16 more years to pay this loan off. At that time we will have paid them, $64,481.28 for a $9,300.00 loan. This is usuary at its worst for a company that is suppose to be legit. You will find other complaints on their reviews. Please do something to close this company down. I have contated the Attorney General in Illinois and New Mexico, they said they would look into it, but we will most likely have seek legal help, which we cannot afford. I know they hve had cases brought against them and they have lost. Martha Ramah New Mexico 87321.
