Avant is a personal lender platform that allows clients to borrow up to $35,000. Their payment plans range from 24 to 60 months. In this article, we cover Avant reviews and pricing. Ready to get started? Check your loan options.
Summary of Positive Avant Reviews
Users who gave Avant a positive review appreciate that the approval and releasing of their loans is seamless and fast. They added that their rates are competitive.
One user who gave Avant a positive review on SuperMoney like that the application process was super easy. He said that an hour after he submitted his loan application, he got a call to verify his identity and personal information, was approved in less than 24 hours, and received the fund the next business day.
Summary of Negative Avant Reviews
Users who gave Avant a negative review said that they have the worst customer service, with representatives who don’t speak fluent English. Some of them claim that they made monthly overpayments to finish the loan faster but ended up to not getting the excess amount of their overpayment. Some also complained that their payments are not credited or reflected in their accounts.
One user who gave Avant a negative review on Yelp said that she made several overpayments hoping that she will complete the loan sooner. She added that she completed the loan two months earlier with $300 of excess payment. She complained that when she requested the customer support to return her excess payment, they told her that there are no additional payments made under her account.
Avant pricing depends on the amount of the loan taken out by the client. It provides loans from $2,000-$35,000. Their interest rates range from 9.95%-35.99% per annum, depending on the length of the payment terms. They also charge an administration fee of up to 4.75% of the original loan amount.
Ready to get started with Avant? Check your loan options.
Top Lender Pick from Fit Small Business
Best SBA Lenders: Top 100 SBA Lenders: With more than 3,000 SBA lenders nationwide, choosing the best SBA lender can be difficult. Some of the best SBA lenders approve average loan amounts of about $75,000 to more than $1.5 million, with interest rates averaging around 6.4 percent to more than 9.2 percent. In this guide, we’ll show you the 100 top SBA lenders per current SBA data, and review 10 of the top SBA lenders.
Check out the list below of some of Avant’s features:
- Debt consolidation loans
- Home improvement loans
- Emergency loans
Once approved, how long will a loan be funded?
Funds are released the next business day after the loan is approved. However, the exact availability of the funds will depend on the user’s bank.
Are users ACH payments or bank account information safe with Avant?
Yes. Avant’s servers are hosted with Amazon Web Services, one of the largest cloud computing companies in the world, which secures the locations where their physical servers are hosted. Avant also encrypts all personal and sensitive data.