Personal loan review
Loans issued by WebBank
Avant personal loans
Best for: Lower credit scores
Avant focuses on borrowers with fair or lower credit. Loans run from $2,000 to $35,000 with two- to five-year terms. You can check your rate with a soft pull, and funds can arrive as soon as the next business day.
- Soft-pull rate check
Terms last reviewed October 23, 2026
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Avant at a glance
- APR range
- 9.95%–35.99%
- Loan amounts
- $2,000–$35,000
- Repayment terms
- 2–5 years
- Origination fee
- Up to 9.99%Administration fee up to 9.99%, deducted from proceeds
- AutoPay discount
- None advertised
- Credit needed
- Poor to fairNo published minimum; reportedly as low as 550–580
- Time to funding
- As soon as one business day
- Soft-pull rate check
- Yes
- Joint applications
- Check with lender
- Pays creditors directly
- Check with lender
- Secured loan option
- No
Pros and cons
Pros
- Works with lower credit scores
- Soft-pull rate check
- Next-business-day funding possible
Cons
- Administration fee up to 9.99%
- Lower maximum loan amount ($35,000)
- High APRs for weaker credit
What a $10,000 loan could cost
Your rate depends on your credit and finances. Here's the range of monthly payments at Avant's lowest and highest advertised APRs, before any origination fee.
| Term | At 9.95% APR | At 35.99% APR |
|---|---|---|
| 36 months | $322/mo $1,608 total interest | $458/mo $6,487 total interest |
| 60 months | $212/mo $2,733 total interest | $361/mo $11,676 total interest |
Requirements
- Verifiable income
- US resident, 18+
- Minimum amounts are higher in some states
How to apply
- Check your credit report and score so you know which rates are realistic.
- Check your rate on Avant's site — it's a soft pull, so it won't affect your score.
- Compare the offer with at least two other lenders on APR and total cost.
- Submit the full application with proof of income and identity.
- Review the final loan agreement, then sign and receive your funds — as soon as one business day.
Featured in
- Best Personal Loans of 2026 — Best for lower credit scores
- Best Personal Loans for Fair Credit (2026) — Best for lower scores
Frequently asked questions
Does Avant do a hard credit check?
Checking your rate with Avant uses a soft credit inquiry, which doesn't affect your score. A hard inquiry happens when you formally apply.
How fast does Avant fund loans?
As soon as one business day, once your loan is approved and verified. Timing also depends on your bank.
What credit score do you need for Avant?
No published minimum; reportedly as low as 550–580. Lenders also look at your income, existing debts and credit history, so there's no guaranteed approval score.
Does Avant charge an origination fee?
Yes — Up to 9.99% of the loan amount. Administration fee up to 9.99%, deducted from proceeds
How we compare lenders
Our methodology
We review each lender's published terms and compare them on the four things that matter most to borrowers. Rankings are editorial: partners can't pay for a better position, and any sponsored link is labelled. Lender terms change often, so we show the date each lender was last reviewed.
Cost
Published APR range, origination and other fees, and any AutoPay or Direct Pay discounts.
Flexibility
Loan amounts and term lengths, and whether secured or joint options are available.
Access
Which credit profiles a lender serves, and whether you can check your rate with a soft pull.
Speed & service
How quickly funds arrive after approval, and borrower-friendly features like paying creditors directly.
Rates, fees and terms are as published by Avant and were last reviewed on October 23, 2026. They can change at any time, may vary by state, and your offer depends on your credit profile. Confirm current details with Avant before applying. This review is general information, not financial advice.
Alternatives
Other lenders to compare
Upgrade
Fair credit and debt consolidation
- APR
- 7.74%–35.99%
- Amount
- $1,000–$50,000
Happen Bank
Co-borrowers and paying off cards
- APR
- 5.96%–35.99%
- Amount
- $1,000–$75,000
Upstart
Thin or limited credit history
- APR
- 6.3%–35.99%
- Amount
- $1,000–$75,000