Avant Credit Reviews
About Avant Credit
Avant Credit, found online at AvantCredit.com, is a company that says they know that everyone is prone to having an unexpected financial event in their life, and they are there to help you when that happens.
How Does It Work?
Avant Credit provides Personal Loans. The amount of money you can borrow with one of their Personal Loans depends on a variety of factors which include your credit score and income. Once you submit your personal information, you'll be told up to how much you can borrow.
To apply for the service you must provide them with your information, including your full name, mailing address, income information, and Social Security number to see what loan rates are available to you. Submitting your application will not impact your FICO credit score.
If you are approved and willing to accept their rates, Terms and Conditions, you can e-sign your loan contract and have your money deposited into your bank account as soon as the next business day.
The website is very clear that all fees, rates, and terms are determined by your personal circumstances and the state in which you live. You will need to submit your information before you can find out what fees and rates are applicable to you.
Loan lenders do not generally provide or offer traditional refunds. Instead, they sometimes - but not always - provide a short period of time in which the borrower can "cancel" their loan and return all the funds without a financial penalty. Borrowers who are interested in this possibility should ask Customer Service about this before they accept the loan.
Customer Service Contact Info
Customers who would like to speak to their Customer Service team about their questions, concerns, or complaints can do so by phone at 800-712-5407.
Unfortunately this company does have some negative customer reviews, many of which have to do with being denied for reasons they didn't understand. Some customers even complained that they were approved and when they went to sign their contract and collect their loan were suddenly told they were now denied.
Competitors and Alternatives?
There are many companies that offer to help people either find short term personal loan lenders, payday loan lenders, or are loan lenders themselves, including LendingTree.com, United Cash Loans, Quicken Loans, and more.
If you have experience with this company or their products, please leave your Avant Credit reviews below.
12 ‘Avant Credit’ Reviews
This shady operation needs to be shut down! I more than qualify for the loan they pre-approved me for! Pre-approved means PRE-APPROVED! Anything less is false advertising! All they do is mine your identity to use for whatever nefarious reasons which may or may not become immediately evident but I think this calls for complaints to the better business bureau and a possible class action suit!
After some rather large medical bills I needed extra cash to make it to the next payday. I applied online with Avant. They indicated I was approved for a loan at a high interest rate. Then they asked for my bank info for direct deposit. The usual info, routing number and bank account number. Then they asked for my userid and password. I've worked with computer systems for 30 years and I have never seen such a practice.
If they are not scams they sure seen like it.
Worst experience. Company was recommended by Credit KArma. They make you believe you are preaporoved and then they asked for all your privete personal info (ss#, address, work info, bank information and even go as far as asking for your bank login passwords and then they reject your loan. I have above 720 credit score and was rejected.I feel they can empty my bank account. Going need to close my bank accounts since now they have access! its a very scary process and feeling. Never again!
This is the worse place to try and get a loan! Avoid it like a disease! Un educated idiots that do not know anything about dealing with people. I would have given it no stars if I could have!
Avant aka Webbank, charged me 36% daily for 11 months, then they invited me to refinance to lower the interest rate. You must take about at least $1,000 to refinance. I waited 1 week, then they asked me for documents as if I were a "New" customer. I waited another week, then called for a status, a black female then denied me. They also gave me a hard credit check!
don’t ever deal with this company!!!! got rejected with 685 credit score, after long verification process including passwords for my on line checking account and answers to security questions!!!!!!!!
end up with hard inquiry on my report and lower score!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! hate it....
i will put a lot of effort to spread my frustration on all available social media and BBB.
This was my reply and got back Maeler Demon. They obviously compromised my credit rating (750+, just refinanced home,...) without my Social Security number. I did not give it to them. Then (see below) this.
Subject: Re: Request for Denial Reasons
JESUS CHRIST!!! I (ME, NOT YOU) turned you
down when the first question out of your agent's mouth was, 'Do you give us the right to...!! (If you called, you know--insulting.)
I didn't like your deal and don't need it!!! I just called
because of your constant e-mail advertisements to me!!! Was not on the phone 3 minutes. Unbelievable. Take inquiry off my credit bureau records. I didn't even give you my social. If I don't hear back from you immediately, I WILL report you to the Federal Trade Commision. This effects my "GREAT" credit score. YES, I AM PISSED OFF AND WILL FOLLOW UP. THIS IS A SCAM. REPLY IMMEDIATELY. If you have
compromised my credit, and it looks as if you have from
below (and no SS to boot), fix it now.
On Fri, 4/8/16, [email protected]
Subject: Request for Denial Reasons
Date: Friday, April 8, 2016, 8:02 PM
Dear Charles Jackson:
We received your request for a statement of specific
reasons why your application was denied.
We were unable to offer you a credit product for the
Utilization of major bank credit cards
Number of payments made to creditors
Number of recently opened installment loans
Number of open and current revolving loans
We wish you the best in the future.
Avant Compliance Department
I was taken aback when I was asked for so much information, and then asked for my bank login details, and so I came on here to set my mind at peace. Seeing one or two people say the company is for real made me decide to grit my teeth and go for it. I went through the whole process, they verified about 5 steps including my identity, bank accounts, social media profile, email address and something I can't remember now. but in the end, the loan was actually approved quite quickly just as promised.