Is Avant Loans the right fit for you?
Last Updated: 03/27/2026
SuperMoney User Recommendation Score +81
Strongly recommended703 total votes
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Highlights
Community Rating
Strongly recommended
APR (Fixed APR)
9.95% - 35.99%(Verified 03/27/2026)
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Amount Range
$2,000 - $35,000
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Loan Term (Months)
24 - 60
Number of Reviews
Avant Loans Review
Avant Loans is offered through Avant LLC, a financial services company founded in 2012 and based in Chicago, IL. It is made possible by a bank partnership with WebBank. Avant Loans are available in 34 states and Washington, DC.
Key Takeaways
- APRs starting at 9.95%** (for APR terms see terms and conditions). Personal loan interest rates typically range between 9% and 36%. The starting rates for Avant Loans are on the lower end of the spectrum.
- Fast access to funds. If approved, Avant LLC will send the money in as little as 24 hours.
- Prequalified rate. You can check your prequalified rate at Avant LLC with a soft pull that will not affect your FICO or VantageScore.
- Origination fees of up to 9.99%. This is on the high end for lenders on SuperMoney's database. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.
Avant Loans Pros & Cons
| Pros | Cons |
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Avant Loans FAQ
What interest rates and personal loan terms does Avant Loans offer?
What interest rates does Avant Loans offer?
Avant Loans offers a fixed APR personal loan product that ranges from 9.95% APR up to 35.99% APR.
How much can you borrow via Avant Loans?
Personal loan amounts start at $2,000 and go up to $35,000
What is the maximum loan term you can get with Avant Loans?
Avant Loans offers loans with terms of up to 60 months.
| Personal Loan Amount | $2000 - $35000 |
| Loan Term | 24 - 60 months |
| APR | 9.95% - 35.99% |
What fees does Avant Loans charge?
Does Avant Loans charge an origination fee?
Avant Loans may charge a personal loan origination fee of up to 9.99% of the personal loan amount .
Does Avant Loans charge a late fee?
Yes, Avant Loans may charge a late payment fee if you miss one of the regularly scheduled payments of up to $25.
Does Avant Loans charge prepayment fees?
No, Avant Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | up to 9.99% |
| Prepayment Fee | No |
| Late Payment Fee | $25 |
What do you need to qualify for Avant Loans?
Applicants with a credit score of at least 600 and up to 760 may be eligible for Avant Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Avant Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Avant Loans.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking or savings account
- Recent pay stubs
- Proof of income
- Driver's license or other government photo ID
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | 600 - 760 |
What is the estimated funding time for a personal loan via Avant Loans?
Avant Loans will typically fund loans within 1 to 3 business days of approval and clearing necessary verifications.
Does Avant Loans report your account activity to credit bureaus?
Yes, Avant Loans reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does Avant LLC perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates. Avant Loans allows you to check your rates with a soft credit pull.
Are Avant Loans legit?
Avant LLC was founded in 2012, it is a well-established company that has been in business for 14 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.
Avant Loans Disclosure: Loan amounts range from $2,000 to $35,000. APR ranges from 9.95% to 35.99%. Loan lengths range from 24 to 60 months. Administration fee up to 9.99%. If approved, the actual loan terms that a customer qualifies for may vary based on credit determination, state law, and other factors. Minimum loan amounts vary by state. Administration fee is deducted from the loan proceeds and paid to the Lender. Borrower recognizes that the Administration fee is deemed part of the loan principal and is subject to the accrual of interest. Example: A $5,700 loan with an administration fee of 9.99% and an amount financed of $5,130.57, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $217.66. Personal loan funds are generally deposited via ACH for delivery next business day if approved by 4:30pm CT Monday-Friday. New Mexico consumer brochure (New Mexico Consumer Information Brochure and Loan Rate and Fee Disclosure (PDF)) for common terms and definitions and regulations around rates and fees. Avant branded credit products are issued by WebBank. Avant branded credit products are issued by WebBank.
View Avant Loans's published terms & conditions
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Avant Loans
Message from our editor
What we love about Avant Personal Loans
Avant is an online lender that makes it easy to fill out an application without having to work with a lender in-person. You can prequalify and get a lending decision in as little as 15 minutes. If approved, the money will arrive in your bank account as soon as the next day.
Avant offers personal loans to consumers with less than perfect credit. The company considers people with credit scores in the fair to good range. There’s no credit impact to find out if you prequalify, so you can see what type of loan offer you’ll receive without hurting your credit.
What could Avant Personal Loans do better?
Because Avant targets its personal loans at people with fair and good credit, its interest rates are frequently higher than the rates offered by other lenders. If you have strong credit, you will likely get a better deal elsewhere.
Avant also only offers unsecured loans with a lower loan maximum than other lenders offer for secured personal loans. If you have to borrow a large amount, you may not be able to get enough money from Avant to meet your needs.
Avant’s personal loans also come with some fees, including origination fees, that will increase the cost of your loan.
Avant Personal Loans’s backstory
Avant, LLC is a Chicago-based financial technology company. It was founded in 2012 and started offering loans in 2013. The company later expanded into secured credit cards to help borrowers build their credit scores.
The Verdict
If your credit isn’t great, Avant may be a good choice of lender if you need a personal loan. People with strong credit histories will likely get a better interest rate and be able to borrow more from other lenders with more traditional approval criteria.
Other Services by Avant LLC
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6 Reviews
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +81, or 4.6 on a 5-point rating scale.
+81
-1000+100
No one recommends
Everyone recommends
Avant Loans Community Reviews
Would you recommend Avant Loans to your friends?
Nor M.
Jan 21, 2023
May or may not recommend
Avant Loans is the Best! I used this for over a month and it was so helpful, it never fails to meet my standards. I recommend this company to everyone.
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
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. I would ...Show More
JA
Junaid A.
Nov 17, 2022
May or may not recommend
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. I would ...Show More
EJ
Ekene J.
Aug 24, 2022
May or may not recommend
Interesting app good for everyone and business projects Annalisis company
Elisa H.
May 21, 2022
May or may not recommend
It's the best place to go for a loan. Avant loans are great for those people who are just building up their credit score. So I highly recommended this loan company.
HN
Haley N.
Dec 16, 2021
May or may not recommend
I have not had a bad experience with this company so far. I have enjoyed working with them.
BW
B W.
Sep 29, 2021
May or may not recommend
Avant is a great place to go for a loan. They were much more lenient when it came to my credit score than other companies. It wasn't horrible, but it wasn't great either. But they still gave me the loan that I sought out and I was able to pay it off without any penalties or late fees. I would highly recommend them.
Anthony C.
Mar 15, 2021
May or may not recommend
I would recommend Avant as the place to get a personal loan as there is no prepayment penalty. I paid off my loan early and my credit score at the beginning was mediocre at best. If you need money quickly, then this is the place to go!
KK
Kathleen K.
Mar 7, 2021
May or may not recommend
Avant has been a life-saving resource for me. I needed money to make a deposit on a apartment by my new job, and I did not have the money at the time. A friend told me about Avant. They approved me for 3,000 dollars. I love my new apartment
Justina G.
Feb 24, 2021
May or may not recommend
I'm so thankful I moved forward with this to consolidate credit card debt. Trina helped me understand how setting up bi-weekly payments allows me to build a cushion of what's due & what I have paid ahead. Plus I'm building better credit. Thanks
CT
Cliff T.
Dec 16, 2020
May or may not recommend
If you're thinking of starting a business and need a little help with capital, Avant Loans may be the service to talk to. Their 60 month payback period allows you time to build your business and pay back the loan in comfort. I used them when I started my construction business. They loaned me 17,000 which paid for a trailer and tools that I needed. I have now just finished ...Show More
DO
Dahunsi O.
Nov 18, 2020
May or may not recommend
Applying for personal loans can be a pain in the neck. However, the people at Avant Loans make the process entirely easy. They only do a soft check on your credit score, meaning that you won't have many problems when you have the right documentation. I got my loan amount in just two days.
TC
Tracy C.
Oct 30, 2020
May or may not recommend
Avant loan company. I would highly recommend because they let you borrow $2,000-$36,000 and has to pay it in 60months that's 4-5years to pay it by that time you'll be owning your own company or store or some sort because you'll be paying it off monthly. Plus you'll have extra money on whatever you need to do with the money from the loan.
KF
Kyle F.
Oct 30, 2020
May or may not recommend
Less paperwork, Highly efficient, excellent customer service. I strongly recommend Avant. This for making me and my family happy!
EW
Emmanuel W.
Oct 28, 2020
May or may not recommend
From my experience with them, I think Avant Loans is fairly good. Apart from the fact that they allow affordable financing even if one has fair credit, Avant Loans' flexible loan amounts, and repayment options is yet another feature that I love about them.
JB
Jenni B.
Oct 26, 2020
May or may not recommend
With bad credit Avant Loans was able to find me a loan that worked for me. I was able to receive my funds quickly in a time of need.
SA
Samuel A.
Oct 15, 2020
May or may not recommend
After I lost my house, I struggled a lot, and everything seemed like I was not going to make it, but I can say Avant was my saving grace. With their loan process, I was able to get a quick loan for a new house. They are professional, and they always make sure they clarify any questions you have. I enjoyed Avant, and I believe others would as well.
SO
Stanley O.
Oct 4, 2020
May or may not recommend
Who still charges origination fees? Although they are these fees are uncommon, but there are multiple options that offers this service without an origination fee. On the flip side, the process is swift. Might just take a business day to get paid, in my case, it took two. Pretty much the fastest loan service I’ve used.
NC
Naomi C.
Sep 10, 2020
May or may not recommend
Avant- loans is great for people who are just building up their credit score, you only need a minimum of 580 credit score to qualify for a loan. The interest rate is on the high side as 9.9% is the minimum but I can be payed over a 24 months period or more
JT
Jesse T.
Sep 9, 2020
May or may not recommend
I applied for a loan and I was informed I would get it approved the day after. It did not even take up to the said date before I had it approved and the money was deposited into my account. Avant Loans have a $0 repayment fee so you can be rest assured. They are super fast and reliable as well. They are a great go-to if you need a ...Show More
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