Personal Loans | Online Loans - Avant
Change the way you borrow with personal loans from Avant. Checking rates is quick, easy, and does not affect your credit score.
Avant offers access to personal loans with a process that is almost entirely online. Avant currently provides access to standard consumer installment loans with an Avant twist. Like most bank loans, personal loans through Avant.com amortize over time with simple, equal monthly payments. Avant offers access to a personal loan product that fits a wide variety of customers because each loan is tailored to each person’s individual credit situation and history. Most of our customers have a credit score of 600 to 700.
Avant’s products:
Personal Loans: A personal loan through Avant can be used for almost any situation. Whether you are looking for a simple way to consolidate your debt, planning a home improvement project or dealing with an unexpected life event.
Debt Consolidation Loans: Consolidate your debt into simple monthly payments. Use a fixed rate loan through Avant to pay off multiple debts on your own monthly schedule.
Home Improvement Loan: Looking to remodel your kitchen, finish your basement, or plant a garden? A loan through Avant.com can help you upgrade your home without refinancing or using equity. When you have loans through Avant, you don’t have to use your savings, or even the equity in your home, to fund your home improvement projects.
Emergency Loans: Home and Auto Repairs, Medical or Health Bills, Out-of-Town Trips, Lost Valuables. Avant may make it easier to deal with the unexpected. While there are things no one can plan for, receiving a loan through Avant and having the funds deposited directly into your bank account can help ease your burden during times of emergency.
| Product Name | Avant Personal Loans |
|---|---|
| Min Loan Amount | $1000 |
| Max. Loan Amount | $35000 |
| Loan Term | 730 - 1825 days |
| Turnaround Time | 1 business day(s) |
| Bad Credit Loans | No |
| Direct Lender | No |
| Products | Debt Consolidation, Installment Loans, Personal Loans |
| Rates | APR ranges from 9.95% to 35.99%. |
| Contacts |
222 N. LaSalle St., Suite 1700 Chicago, Illinois 60601 800-712-5407 [email protected] |
| Social Accounts | https://plus.google.com/107399241231163907256 https://www.facebook.com/Avant-235067349959588 https://twitter.com/avant_us https://www.linkedin.com/company/avantcredit |
| Mobile applications | The Avant mobile app is available on both iOS and Android. The mobile app provides another easy way to manage your loan, with features such as the ability to view your upcoming payments and payment history, make additional payments, and view your payoff quote. You can also elect to receive notifications about your account details. You can download the latest version of the iOS app from the App Store, and latest version of the Android app is available from the Google Play Store. |
Is Avant Available In Your State?
Avant is available in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, DC, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.
How to Apply for a Loan from Avant
During the application verification process, we may need to assess and verify the information that you provided, including identity, employment, income and bank account details. All applicants must undergo an identity verification. The easiest way to do this is via electronic knowledge-based authentication (KBA), where you will be asked a series of questions that only you should be able to answer. This type of verification is a standard part of the application process. In addition, you may need to provide confirmation of additional details, such as your income and banking information before your loan application can be approved. Applicants are required to have a personal checking or savings account on file. We may require you to submit bank documents verifying your account details and income deposits. Your banking details, such as your routing number and account number are submitted at the time of application. Some customers may be required to verify that the bank account on file must be the one into which you receive the majority of your income. Because Avant provides access to personal installment loans, customers are unable to receive loan proceeds in an account used for business purposes. All customers must provide information regarding their income source. If you are employed by traditional means or receiving benefits, the fastest and easiest way for us to verify your income and employment is through our online verification tool (OVT). As part of the verification process we may elect to call your employer, for which you will provide authorization during the application process. In order to expedite the verification process, we suggest you provide the following information: your job title, the department you work in, the best number to reach your employer, best time to call, names of specific people to speak with (supervisor, HR representative), if there is an extension we should dial (personal, or for a supervisor, HR, etc.).Avant Business Ratings
Avant, Inc. has received 3.81 out of 5 stars based on 93 Customer Reviews and a BBB Rating of A+.
BBB Accreditation
A BBB Accredited Business since 03/01/2015
BBB has determined that Avant, Inc. meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.
BBB accreditation does not mean that the business's products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business's product quality or competency in performing services.
BBB File Opened: 02/27/2013
Business Started: 12/06/2012
Business Started Locally: 12/06/2012
Business Incorporated: 12/06/2012 in DE
Type of Entity: Corporation
Business Management: Mr. David Blazek, Compliance Manager, Mr. Christopher Hebert, Customers Department Manager, Mr. Adam Hughes, President
Contact Information: Ms. Taylor Rounds, Compliance Manager
Business Category: Consumer Finance & Loan Companies, Loans, NAICS: Commercial Banking
Alternate Business Names: AvantCredit, Avant
Avant Company Information
Avant, Inc., formerly AvantCredit, is a private Chicago, Illinois-based company in the financial technology industry. The company was established in 2012 by serial entrepreneur Albert “Al” Goldstein, John Sun, and Paul Zhang. Initially structured as a mid-prime lender, the company issued its first personal unsecured loan in early 2013 using its proprietary technology to determine an individual’s creditworthiness.
Avant Credit launched in late 2012 and offers consumers personal loans ranging from $1,000-$35,000 and loan terms from 2–5 years. Avant has a transparent model with APR ranging from 9.95-36%.
Avant’s technology applies algorithms, machine-learning protocols, and analytical tools in addition to the standard consumer data pulled to determine a customized rate, amount and length at which money can be borrowed. The company began providing access to loans in just 16 states in 2013. Avant currently issues loans in 46 states, and in October 2013, the company expanded beyond US borders to Canada and the United Kingdom.
From 2012-2015 the company saw substantial growth[5] with over $1 billion in loans originated through Avant’s website and $1.4 billion in contributions by investors, including August Capital, Tiger Global and Victory Park Capital.
Avant Offices
222 N. LaSalle St., Suite 1700 Chicago, Illinois 60601
