Avant – Personal Loan
Avant offers personal loans designed for fair-credit borrowers, with fast funding and a streamlined mobile-first application process.
Applying does not obligate you to accept a loan offer.
Avant Personal Loan – 2026 Review
Avant is a Chicago-based online lender that focuses on the middle credit-score market. Avant's typical borrower has a credit score in the 600-700 range, making it a strong choice for fair-credit applicants who don't qualify with prime lenders.
Avant Loan Terms
Loans range from $2,000 to $35,000 with terms of 24 to 60 months. APRs run from 9.95% to 35.99% with an administration fee of up to 9.99% deducted from loan proceeds.
✓ Pros
- Lower credit accepted
- Fast funding
- Mobile-first experience
- Pre-qualify without hard pull
✗ Cons
- Administration fee up to 9.99%
- Maximum loan $35,000
- Higher APRs than prime lenders
Loan Example
Example: $7,000 loan for 36 months at 24.99% APR with 4.75% admin fee = monthly payment of $278.49, total payable $10,025.64.
Eligibility Requirements
- ✓ Age 18+ years
- ✓ US resident
- ✓ Verifiable income
- ✓ Credit score 580+
- ✓ Active US bank account
Loan Features
- Fair-credit borrowers accepted
- Loans from $2,000
- Next-day funding
- Mobile app management
- Pre-qualification with soft pull
Frequently Asked Questions
Next business day after submitting your application.
The minimum amount at Avant is $2,000 USD.