TD Bank Turns to Avant to Power its New Unsecured Loan Product

TD Bank announced in March that they will be partnering with Avant’s technology platform called Amount to power their new personal loan product called TD Fit Loan; Amount also powers the personal loan programs of HSBC, Regions Bank and Banco Popular and will be expanding their offerings beyond personal loans; TD Bank chose Avant primarily because of their tech capabilities; Mark Victoria, the head of unsecured lending at TD Bank said, “Avant has gained a lot of experience in not only just credit underwriting, but also in preventing fraud losses. In addition, they’ve invested a lot time and effort in investigating the latest and greatest when it comes to cutting-edge technology.” Source.