Repaying an Avant loan is straightforward and convenient, primarily managed through the My Avant Money account. Borrowers can log in to their account via the website or mobile app, navigate to the payment section, and make payments directly using a debit card. This process involves selecting the payment method, entering payment details, and confirming the transaction. This streamlined method ensures that managing and repaying loans is efficient and user-friendly.
Make Payments Online Through the Bank Account
Log In To Your My Avant Money Account. Access your Avant account by logging in through the Avant website or mobile app.
Navigate To The Payment Section. Once logged in, go to the payment section of your account dashboard.
Select Payment Method. Choose to make a payment using your debit card.
Enter Payment Details. Input the required payment details, including the amount you wish to pay and your debit card information.
Confirm Payment. Review the payment details and confirm the transaction to complete your loan repayment.
Make Payments Through the App
Log In To Your My Avant Money Account. Open the My Avant Money mobile app and log in with your account credentials.
Navigate To The Payment Section. Once logged in, go to the payment section within the app.
Select Payment Method. Choose the option to make a payment using your debit card.
Enter Payment Details. Provide the necessary payment details, including the amount to be paid and your debit card information.
Confirm Payment. Review and confirm the payment details to complete the transaction.
Make Payments Through a Different Bank
Obtain Payment Details. Gather all necessary information, including your loan account number and the Avant account details where the payment should be sent.
Log in to Your Bank Account. Access your bank’s online banking portal by logging in with your credentials.
Set Up a New Payee. Navigate to the bill pay or transfer section of your bank's website. Select the option to add a new payee and enter the Avant payment details, including the bank account number and routing number.
Schedule the Payment. Choose the payment date and enter the amount you wish to pay. Confirm the details and schedule the payment. You can choose to make a one-time payment or set up recurring payments if your bank supports this feature.
Confirm and Track the Payment. After scheduling the payment, confirm the transaction. Keep an eye on your bank account to ensure the payment is processed and funds are deducted.
Via ATM
Locate an ATM. Find an ATM that supports loan payments. Some banks and financial institutions offer this service.
Insert Your Debit Card. Insert the debit card linked to your bank account into the ATM.
Select the Payment Option. Navigate through the ATM menu and select the option for making payments. Look for "Loan Payment" or a similar option.
Enter Payment Details. Provide the necessary details, such as your Avant loan account number. You might also need to enter the amount you wish to pay.
Confirm and Complete the Transaction. Review the payment details for accuracy. Confirm the transaction to complete your loan payment.
You can repay your loan with ACH direct deposit, debit card, credit card, paper checks, cashiers checks, and money orders.
What happens if you don't pay back Avant?
Avant is a reputable lender, and you should not have anything to worry about if you make your payments on time. If you can't make a payment, reach out to their customer service team as soon as possible.
Can you pay off Avant early?
Yes, you can, and there are no prepayment penalties.
Can Avant sue you?
Yes. Like any other lender, it can sue you if you violate your loan agreement.
