Avant

Unique Selling Point:
With eligibility for Avant loans starting at a credit score of just 580, Avant offers a fully-digital personal loan option for those that are rebuilding their credit or are earlier in their credit journey.

Who is this app for:
If you are a middle-income borrower that needs help with things like high-interest debt, home improvements, or unexpected expenses, Avant may be a good choice for you. You apply entirely online or through the app and funds are deposited as soon as the next business day after approval. With the Avant app, you can easily manage your loan, with features such as the ability to view your upcoming payments and payment history, make additional payments, and view your payoff quote

Bonus points:
– With no prepayment fees, you can pay off your loan early without any penalties.

Feature Checklist

Features
Details
APR
9.95% – 35.99%
Loan Amounts Available
$2,000 – $35,000 (Unsecured) $5,000 – $25,000 (Secured)
Repayment Terms
24 to 60 months
Origination Fee
Up to 4.75%
Secured Loans
Yes
Unsecured Loans
Yes
Hard Credit Check
No
Fund Availability
Next Business Day
Total Rating -
3/5