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Avant Loan Approval

codetutor
Member

Avant Loan Approval

Not the greatest loan company, but seem to have done ok. $4200 for 36 months at 19% (most of their rates I've heard quoted are 30-80% with much better scores than mine). They pulled me at 658 TU. Rate isn't phenomenal, but it's better than 24.9%-27.9% on my CCs.

 

Using this to pay off my CCs (and drop my util) and plan to pay this off in half the time (no penalty). Payments are $148/month, and I can afford to double up. Approval required verification (bank login via 3rd party API, last month's bank statement and 2 most recent pay stubs), but was within about 30 minutes. Easy process. Funds will be in my account within 4 days. Honestly surprised at the approval as I'd recently checked out alternates like Upstart and was denied.

Starting Score: 669
Current Score: 755
Goal Score: 800


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CreditInspired
Community Leader
Super Contributor

Re: Avant Loan Approval

Definitely double up on payments since you can because, honestly, IMHO, that’s a pretty high interest rate for a loan. 


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codetutor
Member

Re: Avant Loan Approval

I agree, and not kidding myself there. Smiley Wink I'm fortunate in that my auto loan is at 0% (had a cosigner), so I can prioritize paying this off quicker. Principal and interest are so much smaller on this by comparison.

Starting Score: 669
Current Score: 755
Goal Score: 800


Take the myFICO Fitness Challenge

FICOs:

Gardening goal: Nov 2019

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