Avant Review
Avant specializes in personal loans for borrowers with average credit, offering a streamlined process and reasonable rates for the 580–700 range.
APR Range
9.95% – 35.99%
Loan Amount
$2,000 – $35,000
Min. Credit
580
Funding Speed
Next business day
Avant Personal Loan Review
Avant has carved out a strong niche serving borrowers with credit scores from 580 to 700 — the range where many traditional banks won't lend. They combine technology with flexible underwriting to approve borrowers that other lenders reject. While rates are higher than prime lenders, they're significantly lower than predatory alternatives. Avant also offers a mobile app for loan management and reports to all three credit bureaus.
Best For
Borrowers with average credit (580–700) who need fast funding
Pros
- Accepts credit scores as low as 580
- Fast approval and funding
- Reports to all three credit bureaus
- Mobile app for loan management
- Flexible qualification criteria
Cons
- Administration fee up to 4.75%
- Higher rates than prime lenders
- Maximum loan amount of $35,000
- Late fee of $25
Loan Details
| APR Range | 9.95% – 35.99% |
| Loan Amounts | $2,000 – $35,000 |
| Repayment Terms | 24 – 60 months |
| Minimum Credit Score | 580 |
| Funding Speed | Next business day |
| Fees | Administration fee up to 4.75%. Late fee: $25. No prepayment penalty. |
Key Features
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Compare Other Lenders
| Lender | APR Range | Loan Amount | Min. Score | Funding | Rating | |
|---|---|---|---|---|---|---|
| SoFi Borrowers with good credit who want zero fees | 8.99% – 25.81% | $5,000 – $100,000 | 680 | Same day to a few days | Check Rate | |
| LightStream Excellent credit borrowers wanting the absolute lowest rates | 7.49% – 25.49% | $5,000 – $100,000 | 700 | Same day (with bank account verification) | Check Rate | |
| Upgrade Fair-credit borrowers who want flexibility and joint applications | 9.99% – 35.99% | $1,000 – $50,000 | 580 | 1 – 5 business days | Check Rate | |
| Best Egg Good-credit borrowers who need fast funding | 8.99% – 35.99% | $2,000 – $50,000 | 640 | Same day to next business day | Check Rate | |
| Marcus by Goldman Sachs Good-credit borrowers who want zero fees and payment flexibility | 8.99% – 25.99% | $3,500 – $40,000 | 660 | 1 – 4 business days | Check Rate |
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Avant at a Glance
- Rating
- APR
- 9.95% – 35.99%
- Amount
- $2,000 – $35,000
- Min. Score
- 580
- Funding
- Next business day