Avant vs. Best Egg: Which Personal Loan Lender Should You Choose?
Last updated 09/24/2025 by
Ante MazalinEdited by
Andrew LathamSummary:
If you’re comparing personal loans, two names that often pop up are Avant and Best Egg. Both are well-known lenders that offer fast funding and fixed-rate loans, but they cater to different types of borrowers. Whether you’re dealing with fair credit or looking for the lowest interest rate possible, understanding how these lenders differ can help you make the right choice.
In this comparison, we break down Avant vs. Best Egg in terms of company background, key features, borrower requirements, fees, pros and cons, and real SuperMoney user ratings—so you can confidently choose the loan that fits your financial situation.
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Avant vs. Best Egg: Key Features Comparison
| Feature | Avant | Best Egg |
|---|---|---|
| Loan Amounts | $2,000 - $35,000 | $2,000 - $50,000 |
| APR Range | 9.95% - 35.99% | 7.99% - 35.99% |
| Loan Terms | 24 months - 60 months | 36 months - 60 months |
| Minimum Credit Score | 600 - 760 | 600 - 850 |
| Origination Fees | Up to 9.99% | 0.99% - 8.99% |
| Late Payment Fee | $25 | N/A |
| Prepayment Fee | No | No |
| Checking Account Required | Yes | Yes |
| Pre-Qualified Soft Credit Inquiry | Yes | Yes |
| SuperMoney User Score | strongly recommended | mostly recommended |
About Avant
Avant is a Chicago-based fintech lender founded in 2012. It specializes in unsecured personal loans for borrowers with fair to average credit. Avant’s mission is to provide responsible access to credit for underserved customers, particularly those with credit scores in the 600s. It offers an intuitive mobile app and quick access to funds—often by the next business day.
Key Features:
- Loan amounts: $2,000 - $35,000
- APR range: 9.95% - 35.99%
- Loan terms: 24 months - 60 months
- Credit score requirement: 600 - 760
- Origination fee: Up to 9.99%
- Mobile app: Yes
About Best Egg
Best Egg is an online lender powered by Marlette Funding and launched in 2014. It’s best known for offering personal loans with low starting APRs, fast approval, and a seamless digital experience. Best Egg targets borrowers with good to excellent credit and offers loan amounts up to $50,000. It has funded over $20 billion in loans to date.
Key Features:
- Loan amounts: $2,000 - $50,000
- APR range: 7.99% - 35.99%
- Loan terms: 36 months - 60 months
- Credit score requirement: 600 - 850
- Origination fee: 0.99% - 8.99%
- Customer satisfaction: mostly recommended
Key Differences Between Avant and Best Egg
1. Credit Requirements
- Both lenders require a minimum credit score of 600 - 760.
- Avant is more accessible to those at the lower end of that range, while Best Egg typically favors higher scores (600 - 850).
2. Loan Amounts
- Avant offers loan amounts from $2,000 - $35,000, suitable for moderate borrowing.
- Best Egg offers larger loan options up to $2,000 - $50,000, making it ideal for major expenses.
3. APR Range
- Avant: 9.95% - 35.99% — potentially higher for fair credit.
- Best Egg: 7.99% - 35.99% — starts lower for strong credit applicants.
4. Origination Fees
- Avant charges up to Up to 9.99%
- Best Egg charges 0.99% - 8.99%, depending on credit profile.
5. Loan Terms
- Avant: 24 months - 60 months — more short-term flexibility.
- Best Egg: 36 months - 60 months — suitable for larger loans with longer payback.
Best For: Who Should Choose Avant or Best Egg
Avant is best for you if:
- You have 600 - 760 and seek fair-credit-friendly options.
- You need a smaller loan up to $2,000 - $35,000
- You want shorter repayment terms like 24 months - 60 months
- You value mobile loan management
- You want fast funding
Best Egg is best for you if:
- You have a stronger credit profile (600 - 850)
- You want to borrow more — up to $2,000 - $50,000
- You’re looking for lower starting APRs (7.99% - 35.99%)
- You’re okay with longer loan terms (36 months - 60 months)
SuperMoney User Ratings and Reviews
Avant
- User Rating: strongly recommended
- What users like most:
- Easy approval for borrowers with fair credit
- Flexible repayment terms
- Excellent customer service
“If you’re considering about starting a business and need some funding, Avant Loans is an excellent place to begin. Their 60-month payment plan gives you enough time to grow your business while repaying the loan easily. I used them when I first started my building company. They gave me $17,000 to pay for the cost of a trailer and tools. I successfully finished my final payment to them.”
Best Egg
- User Rating: mostly recommended
- What users like most:
- Competitive interest rates
- Simple online application process
- Transparent loan terms
“I recently secured a personal loan through Best Egg Personal Loans, and the experience exceeded my expectations. The application process was straightforward, and their competitive interest rates made it an attractive option. The only minor setback was the time it took for the funds to be disbursed, but the overall positive experience makes Best Egg Personal Loans a solid choice for personal loans.”
Final Thoughts & What Next
Avant and Best Egg both offer personal loans to borrowers with credit scores of 600 or higher. Avant is ideal for fair credit borrowers seeking flexible terms and lower origination fees, while Best Egg suits those with stronger credit who want larger loans and lower APRs.
Still not sure if Avant or Best Egg is the right fit for you? The good news is you’re not limited to just two options. Comparing multiple lenders can help you find the lowest rates, lowest fees, and the best repayment terms for your specific needs.
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With SuperMoney’s comparison tools, you can check rates without impacting your credit score and find the loan that best fits your budget and goals.
- Avant is ideal for borrowers with fair credit seeking fast funding and flexible loan terms (24 months - 60 months).
- Best Egg suits borrowers with stronger credit who want lower APRs (7.99% - 35.99%) and larger loan amounts ($2,000 - $50,000).
- Both require a minimum credit score of 600, but Best Egg typically offers better rates to those 680+.
- Avant features a mobile app and lower origination fees (Up to 9.99%), while Best Egg shines with competitive rates and easy applications.
Frequently Asked Questions about Avant and Best Egg
Which is better: Avant or Best Egg?
Avant is better for fair credit borrowers needing smaller loans and flexible terms (24 months - 60 months). Best Egg is better for good credit borrowers seeking lower APRs (7.99% - 35.99%) and loan amounts up to $2,000 - $50,000.
Is the Best Egg loan a good idea?
Yes—especially if you have 600 - 850. It offers competitive rates, fast funding (), and no prepayment penalties ().
Is an Avant loan worth it?
For borrowers with 600 - 760, Avant offers flexible terms (24 months - 60 months), fast approval, and mobile app access ().
What is Avant’s highest credit limit?
Avant offers personal loans up to $2,000 - $35,000, subject to approval based on income, credit, and financial profile.
What credit score is needed for Avant?
The minimum required is 600 - 760, but stronger profiles get better terms.
Does Best Egg approve everyone?
No. Best Egg’s best rates are for those with scores of 680+, though the minimum is 600 - 850. Income and debt-to-income ratio also affect approval.
What bank owns Best Egg?
Best Egg loans are funded by Cross River Bank, Member FDIC, in partnership with Marlette Funding.
Before you apply, check our Best Egg vs SoFi side-by-side guide to find the better match for your needs.
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