Avant Personal Loans
Apply for $2,000–$35,000 loans with fixed APRs from 9.95% to 35.99% and terms up to 60 months. Fast online decisions. No impact to credit just for checking.
Avant Personal Loans allow borrowers to access between $2,000 and $35,000, with repayment terms ranging from 24 to 60 months. The fixed APR starts at 9.95% and can reach up to 35.99%, depending on your creditworthiness and state of residence. While not the lowest rates in the industry, Avant’s offer includes transparent terms and convenient features.
Applicants benefit from a straightforward online process, without initial impact on their credit score. Special perks include quick decision times, predictable monthly payments, and next-business-day funding if approved. Avant charges an administration fee up to 9.99%, which is deducted from your loan proceeds and included in the APR calculation. There may also be a late fee of $25 if payments are overdue by ten days.
How to Apply for Avant Personal Loans
- Complete a short online application to check your rate, with no effect on your credit score.
- Review the personalized options presented to you.
- If you qualify, complete your profile and provide supporting documents as needed.
- Receive a lending decision, often within minutes.
- If approved, funds could arrive in your bank as soon as the next business day.
Avant Personal Loan Pros
One major advantage of Avant’s personal loans is the speed: many receive their funding in one business day after approval, making it suitable for urgent needs.
The online experience is user-friendly, and payments are set as a fixed amount monthly, helping borrowers budget effectively over the life of the loan.
Avant Personal Loan Cons
The maximum APR of 35.99% is high compared to other options, making these loans less ideal for those with excellent credit.
An administration fee up to 9.99% applies, and this may reduce the actual funds you receive, so carefully review terms before finalizing your loan.
Final Verdict
Avant Personal Loans are a solid choice for those needing moderate sums quickly with transparent fixed payments. They are best suited to borrowers who value convenience, quick funding, and online management over the lowest possible rates.
If you can accept the higher potential APRs and fees, Avant’s application process and customer service deliver a positive overall experience, especially for average credit borrowers seeking reliability and speed.