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Its website is easy to navigate, with clearly disclosed rates and fees.
Prosper does charge an origination fee of 1% to 5% of your loan, and there are fees for late payments ( or 5% of the outstanding amount) and unsuccessful payments ( per occurrence).
I’ll also explain what debt consolidation is, different types of debt consolidation loans, where to get debt consolidation loans, alternatives to debt consolidation, and how to avoid scams.
That can be an advantage for borrowers who need cash more quickly because through the Avant platform, you could have your funds as soon as the next business day.
I received answers to my questions through a helpful online chat service, which was a nice bonus with Avant.
The site is informative and well designed, but this is only a referral site.
That makes it difficult to know in advance what kind of APR you will be offered, what fees might come attached to your loan, and other crucial information that can be easier to discern with a direct lender.