Reviews

Avant Personal Loan review: how does it work, and is it good?

If you need speedy cash for a personal project, but don't have a good credit score, check out our Avant Personal Loan Review, and see how it can help you achieve that goal. Keep reading to learn more.

Advertisement

Avant Personal Loan: Get a loan for any purpose!

Avant logo
Discover how Avant Personal Loans work. Read on! Source: Avant

This Avant Personal Loan Review will help you understand how this company operates in the USA. It offers loans for any purpose, such as credit card consolidation or medical expenses.

Avant logo

How to apply for Avant Personal Loan

Do you want to apply for the Avant Loan? It's fast, easy, and secure. Stay here to learn more.

In this article, we’ll look at how Avant works, what rates and terms you can expect, and whether or not it’s a good option for you. So keep reading to learn more!

  • APR: The APR varies from 9.95% to 35.95%;
  • Loan Purpose: Their loans are available for any purpose, such as home renovations and debt consolidation; 
  • Loan Amounts: From $2,000 to $35,000;
  • Credit Needed: Most borrowers have 600 to 700. However, you can apply for a loan with a 689 or lower score;
  • Origination Fee: 4.75% of the loan amount;
  • Late Fee: There is a late fee;
  • Early Payoff Penalty: It doesn’t charge a payoff penalty.

Advertisement

What is the Avant Personal Loan?

Asian Business Woman or Accountant do math and analyze with calculator and paperwork on desk, account, audit and saving concept.
Find out more about the Avant Personal Loan. Keep reading! Source: Adobe Stock

Avant is a personal loan lender that offers loans to borrowers with bad or fair credit.

You can manage your loan through their app or visualize the status on their website.

Avant Personal Loans are a good option for borrowers who need money quickly, as Avant offers speedy funding.

Also, this company charges origination and late fees but has competitive APRs for bad credit borrowers.

The loan terms are 1-5 years. Initially, customers cannot choose their payment dates, but they have the right to change them twice during the loan term.

Still, Avant Personal Loan doesn’t offer to co-sign or joint loans, but some customers can add collateral to improve their chances of approval.

Finally, you can pre-qualify for an Avant loan without hurting your credit score.

So you can see and analyze the rates before actually closing the deal.

Is the Avant Personal Loan good?

Avant Personal Loan is an interesting option for people with less-than-perfect credit looking for quick money to achieve a personal goal.

You can review these personal loan perks and drawbacks to see if it’s an alternative for your profile.

Advertisement

Pros

  • It has offers for bad and fair credit scores;
  • You can pre-qualify for a personal loan without having your score hurt;
  • The funds are deposited very fast into customers’ accounts;
  • You can change the payment dates;
  • It has an app to manage the loan.

Cons

  • It charges an origination fee;
  • There’s a late fee;
  • There aren’t joint or co-signed loan options.

Advertisement

Does the Avant Personal Loan check credit scores?

Avant Personal Loan checks your credit score to find the best rates and terms for you.

However, it accepts applicants with low scores, so if you have a less-than-perfect one, you can still get the money you need.

Want to get the Avant Personal Loan? We will help you!

We hope the Avant Personal Loan Review has clarified your mind and helped you understand how it works.

Moreover, learn how to apply for  Avant Personal Loan in the post below.

Avant logo

How to apply for Avant Personal Loan

Do you want to apply for the Avant Loan? It's fast, easy, and secure. Stay here to learn more.

Trending Topics

content

QuickLoanLink review: how does it work and is it good?

Read the QuickLoanLink review and find out how you can get a loan even if you have a bad score. Check it out!

Keep Reading
content

Marcus by Goldman Sachs Personal Loans application: how does it work?

The Marcus by Goldman Sachs Personal Loans application process is simple and you can find your loan options in under five minutes!

Keep Reading
content

Chase Total Checking® application: how does it work?

Ready to take control of your financial future? Open a Chase Total Checking® — Find out how to do it here! No hidden fees and several perks.

Keep Reading

You may also like

content

What is a reverse mortgage and should you get one?

What is a reverse mortgage? Here's what you need to know before making your decision. Keep reading to find out!

Keep Reading
content

Lazy investing for starters: 3 fund portfolio

Looking for a lazy investing portfolio? You need to check out the 3 fund portfolio strategy. It’s profitable, it’s simple and it’s proven.

Keep Reading
content

Mission Money debit card review: is it legit and worth it?

Maybe you're wondering if you should get a Mission Money debit card. If you're looking for a fee-free debit card, the answer is yes!

Keep Reading