Avant review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

Avant is a US broker offering fixed-rate personal, debt consolidation and business loans, suited to borrowers who already have a credit file. It lends $2,000 to $35,000 over terms of 24 to 60 and funds quickly once approved, but the fee taken out of the proceeds is the part to watch.

Key facts

Best for
US borrowers with a credit file needing mid-sized fixed-rate finance for home improvement or debt consolidation.
APR
9.95% to 35.99% (Source, checked September 26, 2026)
Loan amount
$2,000 to $35,000 (Source, checked September 26, 2026)
Term
24 to 60 months (Source, checked September 26, 2026)
Arrangement fee
Administration fee up to 9.99%, deducted from loan proceeds (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Next business day via ACH if approved by 4:30pm CT Monday-Friday (Source, checked September 26, 2026)
Representative example
$5,700 loan with 9.99% administration fee, amount financed $5,130.57, 36 monthly installments, APR 29.95%, monthly payments $217.66 (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Origination fee (%)
9.99% (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Business (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Avant, LLC (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Founded
2012 (Source, checked September 26, 2026)
Support channels
Help-centre, Phone (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
avant.com

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInX

Pros and cons

Pros

  • Fixed rates (fixed) mean the monthly payment holds for the whole term.
  • Approved applications are funded the next business day by ACH when approval lands before the weekday cut-off.
  • personal, debt consolidation and business are all offered, with home improvement named as a use.

Cons

  • Administration fee up to 9.99%, deducted from loan proceeds is deducted from the amount you receive, so the cash credited is lower than the sum agreed.
  • Avant is a broker (broker), so the partner lender sets the final rate and the contract sits with them.
  • Support runs on help centre and phone only, with no email or chat channel listed.
Avant

Ready to try Avant?

Scored 8.7 / 10 by BorrowCue.

See alternatives

Who it suits

  • US borrowers with an existing credit file who can meet a hard credit check.
  • People consolidating several balances into one fixed monthly payment.
  • Businesses looking for fixed-rate finance on the same terms as personal lending.

Who should look elsewhere

  • Borrowers chasing the lowest cost: Monzo Flex lends at 10% to 23%, below the 9.95% to 35.99% charged here.
  • Anyone wanting a rate with no fee attached: Cashspace ES lists 0% against 9.95% to 35.99% at Avant.

How your money is protected

Avant, LLC is a broker, so the loan itself sits with a partner lender rather than with Avant. The broker appears on the Nationwide Multistate Licensing System under 1440089 and holds a Connecticut Department of Financial Services small loan company licence, SLC-1246731. The representative example shows fees taken off the amount financed before monthly repayments start, so compare the amount received with the amount agreed.

How Avant compares

Where Avant is available

Available
United States
Licence in United States
NMLS (Nationwide Multistate Licensing System) (1440089), checked September 26, 2026
Licence in United States
Connecticut Department of Financial Services (Small Loan Company License) (SLC-1246731), checked September 26, 2026
Licence in United States
New Mexico Regulation and Licensing Department, Financial Institutions Division, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to borrow from Avant?+

Interest runs 9.95% to 35.99% on a fixed rate, and the extra cost is Administration fee up to 9.99%, deducted from loan proceeds. That fee comes out of the loan before the money reaches you, so the amount credited is smaller than the amount agreed. Price the fee alongside the rate, not the rate alone, when comparing offers.

How much can I borrow and over what term?+

Amounts of $2,000 to $35,000 are available over terms of 24 to 60, on fixed rate only. That is a mid-sized facility with a fixed repayment profile rather than a flexible line, and the term window is narrower than many lenders offer. A longer term lowers the monthly figure but raises the total paid.

What credit check does Avant use?+

Applications use a hard credit check, the strictest kind, which stays on the file for later lenders to see. Only 20.4% of the brands listed rely on a soft prequalification instead, so check your file first and compare offers that only need a soft check.

Is Avant regulated?+

Avant, LLC appears on the Nationwide Multistate Licensing System under 1440089 and holds a Connecticut Department of Financial Services small loan company licence, SLC-1246731. As a broker, the money is lent by a partner, so the contract you sign is with that partner.

How quickly does the money arrive?+

Approved applications are funded the next business day by ACH, as long as approval lands before the daily cut-off on a weekday. An approval after that cut-off moves the transfer to the next business day, so applying earlier in the day shortens the wait. The funds go to your bank account.

What can I use an Avant loan for?+

personal, debt consolidation and business are all available, and home improvement is named as a use. Because fixed rates apply, a consolidation turns several balances into one monthly figure that does not move. Check that the new payment fits the monthly budget before signing anything.

Who does Avant suit?+

Avant suits US borrowers with a credit file already in place who want a fixed-rate loan of $2,000 to $35,000 and can handle a hard check. It is a broker, so the partner lender sets the final terms. Borrowers prioritising a lower rate should look at 10% to 23% first.

Sources

  • avant.com/about-us checked September 26, 2026

    Backs: Founded, Headquarters

    “Since 2012, people have looked to Avant for the solutions they need to take charge of their financial lives.”

  • avant.com/licensure checked September 26, 2026

    Backs: Legal entity, Licences

    “Avant, LLC Nationwide Multistate Licensing System #1246731.”

  • avant.com/personal-loans checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Funding time, Lender type, Loan types, Pricing model, Arrangement fee, Origination fee (%), Rate type, Representative example, Support channels, Term, Use cases

    “Loan amounts range from $2,000 to $35,000.”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Avant

Avant

US borrowers with a credit file needing mid-sized fixed-rate finance for home improvement or debt consolidation.

8.7/10See alternatives

Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings