Avant personal loans: 2025 review

Where Avant falls short

• High fees: Avant charges an administration fee of up to 9.99% of the loan amount. A late fee of $25 is charged if your payment is more than 10 days late, and a $15 fee for any payment that doesn’t go through your connected bank account. 
• Lower maximum loan amounts: You won’t be able to borrow more than $35,000 with an Avant personal loan. That’s lower than the $50,000 other bad credit lenders like Upgrade and Best Egg offer. 
• No co-signers are allowed: Avant borrowers must qualify on their own — co-signers aren’t permitted. 

Avant customer resources

Customer support

Avant offers customer service support Monday through Friday from 7 a.m. to 10 p.m. CT and Saturday and Sunday from 7 a.m. to 8 p.m. CT.  

Digital experience

Avant’s mobile app is available in iOS and Android formats. Borrowers can manage their loans by viewing upcoming payments, making extra payments, and getting a payoff balance quote. 

Avant mobile app users give it a 4.8 star rating on the App Store with over 134,000 ratings as of July 2024. One note: The app can only be used for unsecured loan products. 

Do you qualify for an Avant personal loan? 

You will need to go through standard steps to qualify for an Avant personal loan, including verifying your:

• Credit score, which must be at least 550.
• Identity, which can be done electronically.
• Residence, which must be in one of the 41 states serviced.
• Employment.
• Income, usually in the form of pay stubs.
• Banking information for the account that will be tied to your loan.

Avant’s origination team works with borrowers to gather any information needed to complete the loan, but it can help to come prepared. 

How to apply for a personal loan with Avant

The application process for Avant is done digitally. However, Avant’s support staff are available seven days a week if you have questions.

1. Get a quote: You can prequalify online without affecting your credit score. The application typically takes a few minutes to complete. 
2. Add information and finalize your application: Avant’s automated system generates an initial approval. According to its website, the decision may be provided within minutes. 
3. Review the loan details: Once you’re approved, you can track the progress of your application through the mobile app. Funds can be deposited into your bank account within one business day. 

Methodology

Editorial disclosure: All reviews are prepared by Bankrate.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the lender’s website for the most current information.

What customers think

What people across the web are saying about Avant

Positive reviews sourced from Trustpilot consistently give Avant high ratings for an easy approval process and quick funding turnaround. Multiple reviewers mention receiving their funds in 48 hours or less.

“I've had 3 loans total with this company and zero issues with any dealings with Avant. I had my own personal bank jack me around on a loan, (and I have good credit), but Avant was fast, pleasant to work with and interest rates were not as high as you would think. Defiantly my ‘go to’ company for loans.”

— Trustpilot user

Most negative reviews apply to the credit card products Avant offers rather than the personal loans. 

There were no direct responses to complaints from Avant customer support representatives at the time of writing.  

Outlinked content may contain views and opinions that do not reflect the views and opinions of Bankrate. Please see the issuer’s website for updated terms and conditions.

Community Avant scores