Avío Credit offers personal loans that can help you cover unexpected expenses or consolidate debt in 11 states across the USA. Their online lending platform makes it easy to get the funding you need. The company advertises its services at aviocredit.com.
Avio Credit Summary
When considering taking out a personal loan, it is essential to compare different lenders to find the best fit. Avio Credit is one option that has been getting attention recently. But is this lender the best choice for you? Here is a closer look at what they offer so you can make an informed decision.
Our research into their website and terms and conditions uncovered some interesting points. Here are a few that caught our attention.
- Personal loan interest rates typically range between 5% and 36%.
- Personal loans come with fixed APRs that start at 79% and go up to 159%.
- Loan amounts start at $100 and go up to $5,000.
- It offers loans with terms of up to 24 months.
- Lending decisions and funding times are subject to system limitations.
- Applications for loans can sometimes be subject to additional verification, which can cause delays in the decision-making process.
Visit their Rates and Terms to see if Avío Credit offers personal loans online in the state you live in.
Here are some states where you can get an Avio Credit loan: Alabama, Idaho, Kansas, Missouri, Rhode Island, South Carolina, Texan, Tennessee, Utah, and Wisconsin.
What is Avio Credit?
Personal loans from Avío Credit can help you cover unexpected expenses or consolidate debt. Founded in 2017, Avío Credit is a direct lender based in Wichita, KS. The company offers installment loans, lines of credit, and online loans. You can reach them at 1-888-638-2846 or by email at [email protected].
Although Avío Credit has an A+ rating from the BBB, this business is not accredited by the Better Business Bureau. In the last three years, it has closed an average of 2 customer complaints and 8 complaints.
How does Avio Credit work?
Their online loan application only takes a few minutes to complete and as long as you meet a few simple requirements, you can be approved for a loan in no time.
After you submit your application for a personal loan, you’ll get an immediate answer on whether or not you’ve been approved! In some cases, they may need more information from you before they can give you a definite answer, but they’ll let you know right away. You will typically have your funds in your bank account by the next business day.
How to qualify for Avio Credit?
As long as you are 18 years old or older and have a checking account, valid identification, and income information, you can apply for a loan with Avio Credit.
In order to be approved for a loan from Avío Credit, you will need to have a minimum monthly income of $1,000. Your credit score is just one of many factors that they consider when making a lending decision.
Avio Credit BBB Reviews
In the last three years, Avío Credit has closed an average of 2 customer complaints and 8 complaints. The BBB gives Avío Credit an A+ rating, but because it is not accredited and it has a 1-star out of 5-star rating from customers, consumers should be aware that there may be some risk involved in doing business with this company.
Here are some reviews:
Natalie Y 08/08/2022
Mary D 04/14/2022
Initial Complaint 06/01/2022
Complaint Type: Billing/Collection IssuesStatus: AnsweredMore info
Avio Credit FAQs
How much does Avio Credit charge?
Avio Credit offers interest rates that start at 5% and go up to 36%. Additionally, their APRs start at 79% and go up to 159%. They don’t charge a personal loan origination fee.
Are there any pre-payment penalties?
Prepayment fees are not charged by Avío Credit. This, therefore, means that you won’t have to pay any additional fees should you choose to settle your personal loan earlier than planned.
How does Avio Credit affect your credit?
It’s important to understand the loan process and how it may affect your credit score, especially when considering taking out a loan.
Most lenders will run a soft credit check to get an idea of the interest rates and loan terms you may be qualified for. This won’t affect your credit score.
However, once you decide to go ahead with the loan application, the lender will need to do a hard credit check to get a full view of your credit history and offer you final rates. These hard inquiries will lower your credit score.
How to cancel Avio Credit?
As you consider applying for a personal loan, be sure that you are confident in your decision. Once the funds have been dispersed into your account, there is no way to reverse or cancel the transaction. By being certain of your choice beforehand, you can avoid any unwanted changes or cancellations down the line.
Making ends meet can be a real challenge. Here are some tips that may help you get back on track.
There are a few key things you can do to get your finances in order.
- First, create and stick to a budget. This will help you stay on track and make better spending decisions.
- Another option is to speak with a financial advisor who can help you understand your options and develop a plan that works for your unique circumstances.
- And finally, don’t worry too much if you’re already in debt. Many companies are willing to work with customers to create a more manageable payment plan. So reach out to their customer service team for more information.
Is Avio Credit legit or a scam?
Avio Credit is an online lender that has been in business for six years. They have an A+ rating from the Better Business Bureau, but they are not accredited by the BBB. Avio Credit has a 1-star out of 5-star rating on their website, and most of their customer reviews are negative.
There are a few things to consider before taking out a loan. First, do your research and compare rates from different lenders. It’s also important to read customer reviews to get an idea of the best option for you. This way, you can avoid taking out a loan that you can’t afford.
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