Avant is a personal loan platform that lets clients borrow up to $35,000. Their payment plans range from 24 to 60 months. We compiled Avant reviews from our website and around the web and found that it has mainly positive ratings. We also shared their loan fees and interest rates.
Summary of Avant User Reviews
What Avant does well:
According to the positive reviews online, users like Avant because they approve loans quickly. Others like how they can request loans even with low credit scores. Some users are pleased that they can re-apply for a new loan immediately after their previous one.
What Avant does not do well:
According to the negative reviews online, Avant has high interest rates. Several people reported that some of their paperwork did not go through the right channels. Some users also complained that their monthly rates sometimes change, making it confusing to determine how much they are actually paying.
Most Helpful Positive User Review:
According to a user who gave Avant positive feedback on Trustpilot, her overall experience with the company was great. She says she had no trouble downloading the forms needed. She is also pleased that the company approved her loan immediately even with her low credit score.
Most Helpful Negative User Review:
According to a user who gave Avant negative feedback on Consumer Affairs, she took out a loan from the company and was surprised at the high interest rates. She says she was granted extensions for payment, but she is still irked that her payment is significantly higher than what she borrowed. Apart from that, she was surprised to see that the rates for her monthly payments kept changing.
Avant’s pricing depends on the amount of the loan taken out by the client. They provide loans from $2,000 to $35,000. Their interest rates range from 9.95% to 35.99% per annum, depending on the length of the payment terms. They also charge an administration fee of 1.50-4.75% of the original loan amount.
|Loan Amounts||$2,000 - $35,000|
|Term||24 - 60 Months|
|Rate||9.95% - 35.99% per annum|
|Administration Fee||1.50% - 4.75%|
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Avant Overview Video
This video provides an overall background on how businesses can maximize Avant’s full potential to improve their customer relations activities.