Avant Review

By Kevin Mercadante

Company profile:

A company providing access to personal loans at competitive rates, Avant is held in high regard among its peers. They have been serving customers for two years online for people looking to consolidate their debt, pay for unforeseen expenses or even need cash for something frivolous. The reason for the loan is not an issue with Avant.

Visit Avant

Service profile:

Customers who do not want to pay high APRs like with payday loans, can find comfort in loans through Avant with much more reasonable rates. And unlike payday loans Avant gives you a lot longer to pay back the amount borrowed. Loan APR amounts and time frames vary somewhat from state to state.  Origination fees stand at  a flat 4.75%.

Loan features:

Most states offer loans from amounts of $2,000-$35,000 for a period of 24-60 months. Most states have APRs between 9.95% - 35.99%. The APR rate is depending on ability to repay, income, credit history and other qualifying information. The loans are unsecured, so there is no collateral required when applying. As long as you have a source of income, you will be considered.

Loan application information:

There is little required for the loan application. You need to supply your address, email, phone number, some work information and social security number. The application only takes an average of about 15 minutes to complete. Checking your rate will not affect your FICO credit score. The website is secure so you do not have to worry about someone getting access to your private information. You can sign your application online without submitting anything by mail.

Once you send your application, you will get an instant decision so there is not a lot of time spent waiting and wondering. Money can be deposited into your bank account as soon as the next business day.

Repayment terms:

With a loan through Avant, you can expect no extra charges. 

Help and support:

One of the best aspects of Avant is their customer service. The knowledgeable staff is ready to answer any inquiries you may have. Reach them by phone, email message or chat. The website has a lot of valuable information about improving your credit score as well as loan options.

Summary:

The staff of Avant is available to assist prospective customers with information to make an informed decision about borrowing money. Apply for a loan from your own home when a conventional bank is not willing to extend credit to you.

Avant has a good standing within the lending community and boasts a 94% rate of satisfaction. They have an enviable high rating of four out of five stars with CreditKarma.

Visit Avant

Physical address:

222 N. La Salle Dr., Suite 1700,

Chicago, Illinois 60601

USA

*All unsecured installment loans issued through Avant are made by WebBank, member FDIC. The actual rate and loan amount that a customer qualifies for may vary based on credit determination and other factors. Example: A $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33.

 

About Kevin Mercadante

Kevin Mercadante is a freelance professional personal finance blogger, and the owner of his own personal finance blog, OutOfYourRut.com. He has extensive backgrounds in both accounting and the mortgage industry. Follow Kevin on Google+.

 

Top 5 Personal Loans