Avant: an honest look at the rates and the fine print
Avant specializes in fair- and lower-credit borrowers, approving scores in the high 500s that most banks decline. That access is its purpose and its cost: an administration fee up to ~10% and APRs near the legal ceiling. It is a legitimate step above payday lending — but confirm the total cost before signing.
Avant
Personal loans · Online lender · NMLS #1005069 · Founded 2012
- Personal loan APR9.95–35.99%
- Loan amounts$2,000–$35,000
- Terms12–60 months
- Admin feeUp to 9.99%
- Min credit score580 (est.)
- Funding timeNext business day
Independent profile. Loans Advisor is not affiliated with, or compensated by, this lender.
Where Avant fits
Strengths
- Approves scores in the high 500s
- Fast funding
- Mobile-friendly management
Watch-outs
- Admin fee up to ~10%
- High APR ceiling
- Low maximum amount
Best for
Based on its rates and products, Avant is most relevant if you're looking at:
Figures are researched from public rate sheets and regulatory filings and change often — verify current terms with Avant before applying. Loans Advisor is not affiliated with, or paid by, Avant, and earns no referral fee from this profile.