- Report: #1378411
Complaint Review: Avant - Chicago Illinois
Reported By:
Victor Hernandez -
Corona, California, USA
Submitted:
Updated:
-
Author Confirmed
Why?
Avant
222 N. lasalle street Chicago, 60654 Illinois, USA
Phone:
800-712-5407
Web:
www.avant.com
Categories:
Business Rating:
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Avant Avant Credit LLc Worst Financial Mistake I ever made Chicago Illinois
I applied and receive a loan for 13,000 dollars. My payment was 520.68 per month. My credit score is 677, which is not bad..After I had made several payments. I looked at the breakdown of the load and was SHOCKED to see that 329.87 went to interest and 190.81 went to the principal. So I made an extra payment of 1000 $ in addition to my normal payment... Don't you know those crooks applied their MAGIC MATH and applied 634.61 to INTEREST... INTEREST I TELL YOU! what a huge robbery. So finally after 15 months I was finally able to beg borrow and steal enough money to pay them off.. so lets to the math..payments just to the principal were 2862.15$ Original loan was 13,000$ subtract 10,137.85...but my payoff was quoted at 10, 937.48.. How in the hell can it increase based on their numbers...not mine...Bottom line is I borrowed 13,000$ Paid 6,810 and the load only shrunk to 10, 937.48...So if they screwed up or denied your load, count yourself as lucky..But if you are applying for a load, DON'T DO IT. THE COST IS PROHIBITIVE! I cannot wait for the class action lawsuit.
