Company: Avant Credit Corporation


Company:  Avant Credit Corporation 

Nature of Complaint: Installment loan; Managing the loan or lease 

Result: 

Response from Company: Closed with explanation

Complaint:  Please note that I have already contacted CFPB with respect to a complain. I have a case number assigned, which is : XXXX. I was instructed to file a compliant online. Thus, please note the following : I am writing to file a complaint against Avant Credit because of their predatory lending practices. Please see the attached correspondence written to the creditor requesting clarification. Please note that the original loan was taken out XXXX 2014 in the amount of {$4000.00}. Since that time, I have paid to the credit the amount of {$2700.00}. Please note that this loan still carries a balance of almost {$3900.00}. Their lending was deceptive and the interest and fees are simply legalized loan sharking and preys on individuals that need to seek out alternative lending options. In addition, Avant Credit has listed on my credit report that I am in collections, which is not true. I have asked them to remove their collection account and they have not yet complied. Furthermore, I want this listing removed. I am requesting that you investigate this company and take any appropriate regulatory action, including any necessary referrals to state agencies. It is important that we put an end to these types of deceptive and unethical business practices.. ( 1370725)

 

Submitted on 5/13/15 by a consumer in MS

 


Company:  Avant Credit Corporation 

Nature of Complaint: Installment loan; Problems when you are unable to pay 

Result: 

Response from Company: Closed with explanation

Complaint:  The lender calls repeatedly each day although I have discussed the reasons I can not presently pay the loan.. ( 1364579)

 

Submitted on 5/11/15 by a consumer in MO

 


Company:  Avant Credit Corporation 

Nature of Complaint: Installment loan; Managing the loan or lease 

Result: 

Response from Company: Closed with explanation

Complaint:  On XXXX/XXXX/15 money was taking out automatically from my bank and on XXXX/XXXX/15 the company took additional money out of my account without permission XXXX. When I contacted the company and spoke to management they said they can not credit the additional un-authorized money back to my account.. ( 1362596)

 

Submitted on 5/7/15 by a consumer in AZ

 


Company:  Avant Credit Corporation 

Nature of Complaint: Installment loan; Problems when you are unable to pay 

Result: 

Response from Company: Closed with explanation

Complaint:  I called Avant credit today, XXXX/XXXX/15 and was told to speak with debt management. I was transferred to them and the woman hung up on me and did not follow up. I am concerned about this company.. ( 1320657)

 

Submitted on 4/10/15 by a consumer in CA

 


Company:  Avant Credit Corporation 

Nature of Complaint: Installment loan; Managing the loan or lease 

Result: 

Response from Company: Closed with explanation

Complaint:  I got a loan with Avant Credit XXXX {$2500.00} and I made XXXX payments of {$110.00} which totaled {$2200.00}, I still owe a total of {$1500.00} which in total calculates to XXXX, which means that the loan ‘s interest rate is 160.056 %, I am unable to find the original documents and have attempted to contact the company. I believe that the loan violates the Truth in Lending Act and specifically 15 U.S. Code 1602, 15 U.S. Code 1666i-2borrowed 2500paid XXXX XXXX owe XXXX. ( 1306317)

 

Submitted on 4/3/15 by a consumer in CA