- FICO Range 580+Origination Fee No
Avant accepts borrowers with poor credit and doesn’t charge an origination fee. Late payment fees are $25.
If you have poor credit or have been declined from other online lenders, Avant may be an option for you. Interest rates at Avant are typically higher on average than other online lenders, but this is likely because they take on higher risk borrowers.
$1,000 – $35,000
- · FICO of 580 or higher.
- · Current income.
How the Avant Loan Works
The Avant application process can take as little a few minutes. Avant will run a credit check on you using a soft credit check (this is basically a credit pull that does not impact your credit or FICO score). Once approved, Avant states that funds may be available in as little as 24 hours up to a week. You can payoff the loan at anytime without a pre-payment penalty.
If you have poor credit and need money fast, Avant may be a great alternative to Pay Day loans or other high-interest loan options. With no origination feed and no pre-payment penalty, Avant makes it easy to pay back the loan quickly if you are able to and limit the total interest you have to pay.