Avant
Avant is a financial services provider that strives to make borrowing more affordable and accessible to ordinary individuals. Over the years, they have assisted over 1.5 million customers in securing the funds they require, beginning in 2012.
In addition to their personal loan options, Avant extends a credit card program that helps clients establish their credit scores. Furthermore, they offer mobile banking services that are backed by the Federal Deposit Insurance Corporation (FDIC).
Program Variety
Although Avant’s product range may not be as extensive as that of their competitors, the company’s offerings cater to a diverse range of their clients’ needs. Apart from providing loans that range from $2,000 to $35,000, Avant also offers a credit card program with low limits that aid clients in building their credit history. Additionally, they provide a mobile banking service.
Product Types
Avant provides personal loans, banking, and credit cards.
Avant's Program Costs
The APR of an Avant loan can range from 9.95% to 35.99%. They may also charge an administration fee of 4.75%. Like other lenders, Avant also charges late fees and dishonored payment fees.
Avant’s credit card comes with an annual fee that can range from $0 to $59.
Industry Standing & Position
Avant’s loans are subject to an annual percentage rate (APR) that falls within the range of 9.95% to 35.99%. Additionally, they may levy an administration fee of 4.75%. Similar to other lending institutions, Avant imposes late fees and dishonored payment fees.
As for their credit card, Avant imposes an annual fee that ranges from $0 to $59.
States It Provides Services In
Avant’s personal loan services are accessible in all states, except for Colorado, Hawaii, Iowa, Nevada, New York, Vermont, and West Virginia.
Key Benefits
Funds can be made available as early as the following business day, with fixed monthly payments and no prepayment fees. The loans are accessible to individuals with low credit scores, with the added option of mobile banking and credit cards. You can visit Avant’s website to learn more about them here.