Avant Personal Loans: 2021 ReviewCheck Your Rate
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Overview of Avant
Pros and cons
No collateral required Larger loan amounts Can use auto title for qualification No early payoff penalty fee
Origination fee up to 4.75% on borrowed amount Need at least a fair credit score Origination fee of 2.5% on borrowed amount State lien fee applies
Avant Personal Loan Terms, Rates, and Fees
What Types of Loans Does Avant Offer?
No collateral required Unsecured loan amounts between $2,000 and $35,000 Repayment terms last between 24 and 60 months Unsecured personal loan APRs range from 9.95% to 35.99% Loan administration fee up to 4.75%. Borrowers can use auto title as collateral Secured loan amounts between $5,000 to $25,000 Repayment terms of 24 to 48 months APR ranges mirror unsecured loans at 9.95% to 35.99% APR 2.5% administration fee as well as a state lien fee (usually $4 to $95)
Important to Keep in Mind
Applying for a Avant Personal Loan
Do you rent or own your home? How much do you spend on housing each month? What’s your income? What loan amount are you interested in?
The Bottom Line
Frequently Asked Questions
About the Author
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To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. A hard credit pull, which may impact your credit score, is required if you apply for a SoFi product after being pre-qualified.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website on credit (https://www.consumer.ftc.gov/topics/credit-and-loans)