Avant Review
Last updated July 2026 · Educational overview, not an endorsement
Relief Guardian is not a lender and does not recommend one lender over another. This page presents factual, publicly available information to help you evaluate Avant against other options before borrowing.
Company Overview
Avant offers unsecured personal installment loans ranging from $2,000 to $35,000, with terms of 24 to 60 months. Loans are issued through WebBank, an FDIC-insured bank. Avant itself is the online platform, not the bank. Avant doesn't offer secured loans or allow co-signers, every loan is unsecured and based on your own application. Funding is typically available as soon as the next business day if you're approved before Avant's daily cutoff time.
Avant At A Glance
| Product type | Unsecured personal installment loans, issued by WebBank |
|---|---|
| Loan amounts | $2,000 to $35,000 |
| Repayment term | 24 to 60 months |
| How fast you get money | Next business day if approved before the daily cutoff |
| Credit check to see a rate | Soft pull for a rate estimate |
| Credit score range served | Typically about 580 to 700 |
| Income requirement | About $1,200 a month stated |
| Origination fee | Up to 9.99% of the loan amount |
Loan Products
- Unsecured personal installment loans
Typical Loan Amount
$2,000–$35,000
Loan Term
24 to 60 months
Funding Timeline
Avant advertises next-business-day funding for loans approved before its daily cutoff time.
Who Avant May Fit
Avant serves fair credit rather than poor credit. It typically works with scores from about 580 to 700, which is higher than most lenders in this guide. If your credit is closer to fair than to bad, Avant is often the cheaper end of this list.
Loans run up to $35,000, the largest amount covered here, so it can handle a real consolidation and not just an emergency.
How the Loan Works
Avant is the platform; the loan itself is issued by WebBank, an FDIC insured bank. There are no secured loans and no co-signers, so approval rests on your own income and credit.
A soft pull shows you an estimated rate before you commit. A full application adds verification steps, and funding can land the next business day if you clear the cutoff.
What It Costs You
The origination fee can reach 9.99% and is taken out of the money you receive. On a $10,000 loan that can mean close to $1,000 gone before you spend a dollar, so borrow with the fee in mind.
There is no penalty for paying early, so extra payments go straight against the balance and cut your total interest.
Before You Borrow From Avant
- Check your credit score first, since Avant fits fair credit better than poor credit.
- Get the soft pull rate estimate before applying in full.
- Ask what the origination fee will be and subtract it from what you receive.
- Confirm you meet the stated monthly income requirement.
- Apply early in the day if you need next business day funding.
Credit Review Process
Avant uses a soft credit pull to show you a rate estimate before you apply, which doesn't affect your score. A full application involves additional verification. Avant primarily serves borrowers with fair or “near-prime” credit, typically in the 580–700 range, and states a minimum income requirement of roughly $1,200 a month.
Soft Inquiry
Hard Inquiry
Alt. Underwriting
Income Check
State Availability
Availability varies by state. Check Avant's website to confirm current state-by-state availability before applying.
Potential Benefits
- Some of the fastest funding among lenders covered in this guide, often the next business day after approval
- Fully online application that usually takes just a few minutes to complete
- No penalty for paying the loan off early
Potential Considerations
- Origination fee of up to 9.99% of the loan amount, deducted from what you actually receive
- States a minimum income requirement of roughly $1,200/month (about $14,400/year)
- Does not offer secured loans or allow co-signers
Frequently Asked Questions
What credit score does Avant require?
Avant typically works with borrowers whose credit score is in the 580–700 range, noticeably higher than some other lenders in this guide, so Avant tends to be a better fit if your credit is closer to fair than to poor.
How fast does Avant fund approved loans?
Avant advertises some of the fastest funding among lenders covered in this guide, often the next business day after approval, provided you're approved before its daily cutoff time.
Who is the actual lender?
Loans are issued by WebBank, an FDIC insured bank. Avant is the platform that handles the application and servicing.
Can I add a co-signer?
No. Avant does not allow co-signers or offer secured loans, so approval is based on your own application.
Is there a penalty for paying off early?
No. Avant states there is no prepayment penalty, so early payments reduce your total interest.
Related Reading
Sources
- Avant — official website, rates and terms(opens in a new tab)
- CFPB — Truth in Lending Act (Regulation Z), 12 CFR Part 1026(opens in a new tab)
- CFPB — Credit reports and scores(opens in a new tab)
- FTC — How to get out of debt(opens in a new tab)
Loan amounts, terms, and fees come from Avant's own published rates and terms and change by state. Confirm current figures on the lender's site before you apply.
Learn More Directly From Avant
Always review current rates, fees, and state availability on the lender's own website before applying.
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