Loans through Avant give you the flexibility to pay off your debt with simple monthly payments over the course of 24 to 60 months** We give you the flexibility to personalize your loan and choose the best option for your needs.Avoid the hassle of managing multiple credit card bills every month.It’s typically considered for people who have high consumer debt.But most of the time, after someone consolidates their debt, the debt grows back. They still don’t have a game plan to pay cash and spend less.With a debt consolidation loan, a lender issues a single personal loan that you use to pay off other debts, such as balances on high-interest credit cards.
When you take loans from many lenders, you have multiple debts. This also increases the risk of defaults and you have additional pressure of repayments.
Once the introductory period expires, the rate you’ll see on a balance transfer card is usually higher than on a personal loan.
You’ll also have to avoid the temptation of making further charges during that time. Fixed payments ensure that you’ll pay off debt on a set schedule.
You showed understanding of my situation without being judgmental in any way." D.
Jevon, CT, South Africa This is also a loan and means another debt in your account. It helps you consolidate your other debts, and thus to bring down the interest rates as applicable.