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Report: #1378411

Complaint Review: Avant - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Victor Hernandez — Corona California USA
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  • Avant 222 N. lasalle street Chicago, Illinois USA

Avant Avant Credit LLc Worst Financial Mistake I ever made Chicago Illinois

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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.

This report was posted on Ripoff Report on 06/11/2017 09:52 AM and is a permanent record located here: https://www.ripoffreport.com/reports/avant/chicago-illinois-60654/avant-avant-credit-llc-worst-financial-mistake-i-ever-made-chicago-illinois-1378411. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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