Avant
Online Payday Personal Consumer Loans up to $5,000
Easy Application, Fast Processing, Quick Approval, Any Credit Score
Request a LoanAvant is a online lender providing access to personal loans ranging from $2000-$35000 with APR ranging from 9.95% to 35.99% . The lender works with less-than-perfect credit scores.
| Company name | Avant, LLC |
| Founded | 2012 |
| Address | 222 N. LaSalle St., Suite 1700 Chicago, Illinois 60601 |
| Website | avant.com |
| Phone number | 800-712-5407 |
| [email protected] |
Pros
- No prepayment penalties
- Initial soft credit inquiry to receive a rate quote
- Flexibility to use funds
- Long repayment periods
- Fast funding
- Range of loan amounts
- Low minimum credit score
- Refinancing option
- Mobile app
- Good customer service
- Easy to apply
- Flexibility in your payments
- Ability to receive cash quickly
Cons
- Only offers personal loans
- Numerous fees, including an administrative fee
- Can’t directly pay creditors
- Low maximum borrowing amount in some states
- No co-borrowers
- High APR not advantageous to those with good credit
Bottom line
If your credit history is far from perfect, then Avant can be a good choice, as it offers more competitive interest rates than other lenders who work with borrowers in the fair credit category. Using their service and repaying the loan on time will help you improve your credit score. However, if you have with better credit scores, you may find lower rates elsewhere.
Types of loans
The lender currently provides access to standard unsecured and secured personal installment loans. The most common reasons for choosing Avant personal loans are debt consolidation and business start-ups, but users also use these loans for everyday reasons, like unexpected expenses, life event, car repair, moving/relocation, home improvement, vacation.
Avant loan requirements
To be approved for a personal loan with Avant, a borrower must:
- be a U.S. resident with a valid Social Security number;
- be over 18 years of age or the age of majority in their state;
- have valid identification;
- have an active phone number;
- have access to a bank account that accepts ACH (or electronic) transfers.
Category: Online Loans
Tags: Alabama, Alaska, Arizona, Arkansas, California, Connecticut, Delaware, 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
Posted by Marina Clay