Loans

Avant personal loan full review

The Avant personal loan can have great loan options for those with not-so-good scores. Keep reading to know more about this lender!

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by Victória Lourenço

10/07/2021 | Updated on 10/25/2021

Avant personal loan

Find out more about the Avant personal loan in our full review! Source: Avant Facebook
Find out more about the Avant personal loan in our full review! Source: Avant Facebook

The Avant personal loan is made for those who need a personal loan to improve their house, pay off debt, or any other emergency. Also, even though this personal loan option has some relatively high fees, it can be the best one for those who do not have a high credit score.

So, if you want to know more about the features and perks of this personal loan, keep reading our full review!

APRFrom 9.95% to 35.99%.
LOAN PURPOSEConsolidate debt, pay for emergencies, make home improvements, and others.
LOAN AMOUNTSFrom $2,000 to $35,000.
CREDIT NEEDEDPoor or fair credit score.
TERMSThe terms offered by this lender range from 24 to 60 months, depending on the context of your loan application.
ORIGINATION FEEUp to 4.75% of the loan amount.
LATE FEEUp to $25 per payment (after a grace period of 10 days.)
EARLY PAYOFF PENALTYNo early payment penalty fee.

How to apply for the Avant personal loan?

Are you looking for a personal loan but do not have a high credit score? The Avant loan can help you. So, read more to know how to apply!

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How does the Avant loan work?

Check out how this lender works. Source: Gettyimages
Check out how this lender works. Source: Gettyimages

Once you get your loan approved, you can get a personal loan with amounts that range from $2,000 to $35,000. Also, you can receive this amount within the next business day after the loan approval. And the APR fee can range from 9.95% to 35.99%.

Moreover, the fees and amount of your loan depend on your credit and other personal information you provide. In addition, this lender is great for those who have a not-so-good score.

Avant personal loan benefits

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Pros

  • Get your loan funds within the next business day after your loan approval.
  • You don’t have to worry about lowering your score when checking your loan rate because this lender only does a soft credit check in this part.
  • There is the option of changing your loan payment date if you need to.

Cons

  • This lender does not offer the option for co-signed loans, joint loans, or secured loans.
  • It is not available in every U.S. state.
  • The APRs charged are relatively high.

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Should you apply for the Avant personal loan?

See if you should apply for a loan with this lender. Source: Gettyimages
See if you should apply for a loan with this lender. Source: Gettyimages

Before applying for any personal loan, make sure you read about all the fees and features of the lender. Also, make sure you have checked your finances to see if you can pay the fees related to the loan.

Can anyone apply for a loan at Avant?

This lender is available for those who do not have a very high score. So, if you fit the profile and can pay the fees, you can apply for a loan with this lender. However, the loan options are not available in every U.S. state. So, make sure that this lender is available in your state before applying.

What credit score do you need for Avant?

To get a loan with Avant, you can have a poor to fair credit score. So, even though this lender charges some high fees, it can be a good option for those who can pay for them.

How to apply for Avant loan?

The application process to get a loan with this lender can be easy. So, if you want to know more about the application to get a personal loan with Avant, read our post below!

How to apply for Avant personal loan?

Are you looking for a personal loan but do not have a high credit score? The Avant loan can help you. So, read more to know how to apply!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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