Avant Money Personal Loans – Low Fixed Rates and No Early Repayment Fees

Avant Money Personal Loans present a competitive offer, especially if you want a large fixed loan in Ireland. The standout feature is the fixed APR from 6.7% on loans above €30,000, making monthly repayments predictable. Terms are flexible, running from 1 to 10 years based on loan amount and purpose. All loans are unsecured, so you don’t need to provide assets as collateral. There are no early repayment fees, so you can pay off your loan sooner if you wish without penalties.

How to Apply: Step-by-Step

Applying for an Avant Money personal loan starts online by deciding your loan amount and preferred term, then filling out the straightforward application form. You’ll likely get a quick decision. If approved, provide proof of ID, address, and income documents. Once all documents are verified, funds are typically transferred directly to your bank account. Repay in fixed monthly instalments for the agreed term.

Advantages of Avant Money Personal Loans

The main advantage is the fixed low rate for larger loans over €30,000. This predictability can be reassuring when managing larger commitments. Secondly, you benefit from flexible terms from 1 to 10 years and the ability to settle early without penalties, increasing your financial freedom.

Potential Drawbacks to Consider

The APR can be higher for smaller loans under €20,000, with rates starting at 8.5% APR. Additionally, approval depends on your financial situation and credit score, so not everyone will get the lowest advertised rates. Proof of income and a credit check are required.

Verdict

If you are seeking a large personal loan in Ireland, Avant Money’s offer is one of the most competitive options, especially for fixed rates, flexible terms, and no early repayment penalties. However, be sure to check your eligibility and compare all rates if your borrowing requirement is under €20,000.