SuperMoney 

Avant Personal Loans

in Personal Loans from Avant LLC

Claimed Visit Site Get Personalized Rates

Avant Personal Loans

Claimed

in Personal Loans from Avant LLC

SuperMoney Net Recommendation Score +79% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Strongly recommended

538 users recommend
18 users are unsure
55 users don't recommend
Cast your vote
Cast your vote

Would you recommend Avant Personal Loans to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating Strongly recommended
Loan Amount $2,000 - $35,000
APR  (Fixed APR) 9.95% - 35.99%
Loan Term 24 - 60 months
Number of Reviews 611

Avant Personal Loans Review

Avant Personal Loans is a personal loan offering by Avant LLC, a lending platform based in Chicago, IL. Founded in 2012, Avant LLC offers access to personal loans in 46 states (and Washington, DC).

What rates and terms does Avant Personal Loans offer?

What personal loan APRs does Avant Personal Loans offer?

Avant Personal Loans offers a fixed APR personal loan product that ranges from 9.95% APR up to 35.99% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

How much can you borrow via Avant Personal Loans?

Loan amounts start at $2,000 and go up to $35,000.

What can a personal loan from Avant Personal Loans be used for?

Personal loans from Avant Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, medical expenses & procedures, unexpected expenses or similar purposes.

What is the maximum loan term you can get with Avant Personal Loans?

Avant Personal Loans offers personal loans with terms ranging from 24 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

Avant Personal Loans Rates & Terms
Loan Amount $2000 - $35000
Loan Term 24 - 60 months
APR 9.95% - 35.99%

What fees does Avant Personal Loans charge?

Does Avant Personal Loans charge an origination fee?

Avant Personal Loans charges a loan origination fee of up to 4.75% of the loan amount.

Does Avant Personal Loans charge a late fee?

Yes, Avant Personal Loans may charge borrowers a late payment fee of up to $25, which is triggered if you're 10 days late.

Does Avant Personal Loans charge prepayment fees?

No, Avant Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

Avant Personal Loans Fees
Origination Fee up to 4.75%
Prepayment Fee? No
Late Payment Fee $25

What do you need to qualify for a loan with Avant Personal Loans?

Applicants with a credit score of at least 580 can apply for a loan via Avant Personal Loans. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

To qualify for a loan with Avant Personal Loans, applicants need a minimum annual income of $20,000 or higher. Avant Personal Loans only considers borrowers who are employed and meet the minimum income requirement.

Active duty servicemembers and their covered dependents are eligible to apply for a loan via Avant Personal Loans. Their rates fall within the limits of The Military Lending Act.Only U.S. citizens and permanent residents can apply for a loan.

To qualify, applicants may need to provide the following documentation:

  • Driver's license
  • Applicants must have an active and valid checking account
  • Proof of citizenship or residence permit
  • Recent pay stubs
  • Proof of income
Avant Personal Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Joint Applications Accepted? Yes
Credit Score 580 - 740

What is the estimated funding time for a personal loan via Avant Personal Loans?

Avant Personal Loans will typically provide a credit approval decision in less than an hour and fund the loan within 3 business days.

Does Avant Personal Loans report loan payments to credit bureaus?

Avant Personal Loans may report credit data to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion
AVANT PERSONAL LOANS Disclosure: Actual loan amounts, term, and annual percentage rate (APR) vary based on credit history, current income, ability to repay, and other factors. For example: A $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33. If approved, the actual rate and loan amount that a customer qualifies for may vary based on credit determination and other factors. Funds are generally deposited via ACH for delivery next business day if approved by 4:30pm CT Monday-Friday. Avant branded credit products are issued by WebBank, member FDIC.
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...

Contact

  • Headquarters
  •   222 N. La Salle St., Suite 1700
    Chicago, IL 60601
  •   Visit Site

Message from Avant LLC

We love what we do. Over 600,000 customers have been helped by transparent & convenient personal loans.

About Avant Personal Loans

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 46 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington
  • Wisconsin
  • Wyoming

Feature Breakdown

No Prepayment Fee  
Late Fee After (number of days) 10
Late Fee Amount $25
Origination Fee Up to 4.75%
Minimum Age 18
Credit Score Range 580 - 740
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Minimum Annual Income $20,000
Bank Account Required  
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Supported Income Types
  • 1099 Misc. Income
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Joint Loan Applications Accepted
  • Individual Applications
Verification Documents Required
  • Proof of Income
  • Recent Pay Stubs
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Loan Amount $2K - $35K
Loan Term 24 - 60 months
APR (Fixed APR) 9.95% - 35.99%

Avant Personal Loans Community Reviews

 
 

Would you recommend Avant Personal Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Personal Loans